Cost Accountant

Recruiter:

Network Recruitment

Job Ref:

NFC019762/EV

Date posted:

Sunday, December 18, 2022

Location:

Johannesburg, South Africa

Salary:

600000 Annually

JOB SUMMARY:
This is wonderful opportunity to join the ranks of a steadfast and decades strong Manufacturing company in the South of Johannesburg. The Cost Accountant will be accountable for the ongoing analysis of process constraints, costing projects, margin analysis, and tracing costs back to underlying activities. The successful incumbent is responsible for constructing and monitoring those cost-effective data accumulation systems needed to provide an appropriate level of costing information to management.

JOB DESCRIPTION:

Job and Company Description:
The company has been operational since the 1970’s and operates under an international Manufacturing brand. They are the leading suppliers to wholesalers and retailers and they’re looking for an experienced Cost Accountant who can take charge of costing models, cost updates, variance reporting / analysis and calculation production and productivity rates.

As the Cost Accountant you will be responsible for:

Standard cost updating.
Updating costing models (Excel).
Maintain the line items for direct materials, labour and overhead on the bill of material or recipe for each product.
Preparing standard cost budgets for manufacturing.
Calculate, analyze, account for, and report monthly cost variances for direct materials, direct labor, indirect labour, and manufacturing overhead.
Assist sales with product pricing using an already defined methodology.
Updating and uploading of customer and supplier contract prices.
Execute and maintain procedures accurately and consistently calculating production rates, downtime, and change-over times for department performance measures.
Developing a standardized policy and procedure of the standard costing system, such as inventory management, cost allocation and new product development (NPD) calculation.
Ensuring that cost accounting transactions align with GAAP, company policy and IFRS (reporting / analysis).
Purchase price variance analysis.
Stock revaluation analysis.
Monthly stock take & reporting.

Job Experience and Skills Required:

BCom OR CIMA
2 – 5 years' experience in a similar role
Must have extensive experience with BOMs and recoveries
Syspro ERP knowledge
Excel advanced
Excellent reporting skills

NB! This job is now closed. You can apply for other jobs by uploading your CV.

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