Cost Accountant

Network Finance • Other • Johannesburg, Gauteng, South Africa • $200 - $300 / year • 2d ago

Cost Accountant

Reference: NFR003304-BM-1

My client, a market leader in the retail and manufacturing industry, is seeking a Cost Accountant to be a part of their amazing team.

Duties & Responsibilities

The successful candidate will assist the CFO and will be required to perform full costing functions for the business.

Duties and Responsibilities :

Financial Analysis: Conduct detailed analysis of financial data to identify cost-saving opportunities, inefficiencies, and areas for improvement within the company's operations.
Costing: Utilize costing methods to accurately determine the cost of production of various products.
Budgeting and Forecasting: Assist in the development of budgets and forecasts by providing insights into cost trends and variances, ensuring alignment with overall business objectives.
Inventory Management: Oversee inventory valuation, reconciliation, and control processes to ensure accurate financial reporting.
Variance Analysis: Analyze and interpret variances between actual and budgeted costs, investigating reasons for discrepancies and recommending corrective actions as necessary.
Cost Control: Implement cost control measures to optimize operational efficiency, reduce production costs, and maximize profitability.
Process Improvement: Collaborate with cross-functional teams to identify opportunities for process improvements and cost reduction initiatives, driving continuous improvement efforts across the company.
Financial Reporting: Prepare accurate and timely financial reports to support decision-making by management.
Audit Support: Assist in internal and external audits by providing documentation, explanations, and analysis related to costs, ensuring compliance with audit requirements and regulatory standards.