Cost Accountant

SUMMARY:
Our client based in the East of Johannesburg within the FMCG space is currently seeking a Cost Accountant to join their team

POSITION INFO:

Duties and Responsibilities:

• Working with Procurement to ensure accurate costs
• Participate in business planning; prepare and coordinate the factory budget with factory management
• Perform revisions or simulations if needed.
• Work with team members to develop new product costing in accordance with costing standards.
• Ensure full transparency of costs and financial impact to the organisation of major or strategic decisions relating to the factory.
• Accurate and timeous loading of new bills of material for the Manufacturing units, based on the Costing Pack.
• Accurate and timeous loading of change to existing bill of materials
• Monthly reporting and validation of yield, purchase price and manufacturing variances
• Conducting required cost review and valuation of stock
• Monitor and control manufacturing expenses
• Ensuring compliance with internal control requirements
• Calculate the savings realised for cost savings projects based on the actual production volumes
• Develop the reports and review with Finance Manager - Costing for approval before sending them to unit and supply management.
• Challenge assumptions in seeking cost improvements in factory.
• Partner with Engineering to manage costs and review capital proposals.
• Compile reporting of actuals (including organizing and overseeing timeliness and accuracy of period-end close
• Promoting ownership of data at source; and dynamic forecasts for the factory; ensure transparency of this process
• Follow up and monitoring of progress to close gaps, ensuring financial policies, Accounting Standards and Costing Standards are followed

Requirements:

• 5 years’ Experience in the FMCG space
• Bcom Finance with Management Accounting (CIMA) Degree/ Honours

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For more information, please contact on: -----
Recruitment Consultant: Kivara Rajgopal or email:
krajgopal@------

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