Our client based in Ottery, Cape Town is looking to employ a Cost Accountant.
This role will report to the continuous improvements department. The Cost Accountant will support operations by providing information to aid decision-making and drive profitability, operational efficiency, and effective cost control. The Cost Accountant will identify and drive system improvement opportunities and ensure strong controls are in place.
Requirements:
- CIMA
- At least 1-3 years of experience in a financial or cost accounting role
- Experience working within a manufacturing environment
- Strong analytical and problem-solving ability
- Good attention to detail and organisational skills
- Good written, verbal communication and collaborative skills
- Ability to work under pressure and meet deadlines
- Ability to work in a fast-paced environment subject to constant change
- Team Player and the ability to drive projects and implementations within a team
- Proficiency in accounting software (Syspro)
- Experience in implementing a costing “system”
Responsibilities:
- Implement a costing system with value-adding reports and recommendations
- Review and closure of jobs, investigating variances and driving corrective actions
- Review and update of BOM’s as required
- Review and monitor labour and overhead allocations to products
- Review and monitor labour and overhead rates used for recovery
- Review and update standard cost for raw materials in the accounting system to ensure inventory valuation is accurate including landed cost calculations for imported raw materials
- Analyse material usage and waste and drive corrective actions
- Review inventory count results for approval
- Review the accuracy of inventory-related transactions and assist with queries
- Ensure strong inventory controls are in place to safeguard inventory and drive accuracy
- Perform product and customer costings
- Compile costing information and perform ad-hoc costings as required
- Analyse margin and costs and identify where improvements can be made to profitability
- Building and maintaining reports to assist product mix decision-making
- Performing financial modelling to inform decision-making for strategic objectives
- Preparing information and reports for business presentations
- Assist with compiling annual budgets and rolling forecasts
- Providing systems support to users and maintaining master data
- Identify and drive system improvements and assist with special projects
- Prepare SOP documentation and provide training to staff on systems implemented
