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Cost Accountant

Johannesburg South
Salary: R400 000.00 - R500 000.00 Per Month
Job Type: Permanent
Sectors: Accounting
Reference: NFR004914/BM

Apply before Nov 13 2024 | 5 Days left

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Vacancy Details

Employer: Network Recruitment

My client is a leading global manufacturing organization with a strong presence in Johannesburg South, known for delivering high-quality products and services. They are looking for a hardcore and driven Cost Accountant to join their team. This is a fantastic opportunity for someone who thrives in a fast-paced manufacturing environment and is passionate about cost control, analysis, and efficiency improvement.

Role Overview:
The Cost Accountant will be responsible for managing all aspects of cost accounting, providing detailed cost analysis, and supporting the financial team in driving profitability and operational efficiency. You will play a critical role in controlling and optimizing costs, ensuring accurate product costing, and reporting to management on cost performance.

Key Responsibilities:

Costing & Variance Analysis: Perform detailed costing for products and manufacturing processes, including standard and actual costs. Analyse and report on variances (material, labour, overhead), identifying areas for cost reduction.
Budgeting & Forecasting: Assist in the preparation of cost budgets and forecasts, providing insights into future cost trends and contributing to strategic decision-making.
Cost Control: Monitor and control production costs, ensuring adherence to budgets and identifying cost-saving opportunities.
Inventory Management: Oversee inventory costing, work-in-progress (WIP) valuations, and ensure proper accounting for raw materials, finished goods, and spare parts.
Profitability Analysis: Perform profitability analysis on product lines, projects, and clients, ensuring the business makes data-driven decisions to enhance profitability.
Month-End Reporting: Prepare and review month-end cost accounting reports, including cost of goods sold (COGS), margin analysis, and reconciliation of costing ledgers.
Cost Accounting Systems: Maintain and improve cost accounting systems to provide accurate and timely cost data. Ensure all financial systems align with company policies and industry standards.
Operational Support: Collaborate with operations, procurement, and supply chain teams to understand cost drivers and recommend cost-efficient improvements.
Compliance: Ensure compliance with internal controls and audit requirements, aligning with both local and international financial standards.

Requirements:

BCom Degree in Accounting, Finance, or related field.
CIMA certification (or in progress) is essential.
Proven experience in cost accounting, preferably in a manufacturing environment.
Strong understanding of costing methodologies (standard and actual costing).
Driven, results-oriented, and highly motivated individual with excellent analytical skills.
Ability to work under pressure and meet tight deadlines.
Proficiency in ERP systems (e.g., SAP, Oracle) and advanced Excel skills.
Excellent communication and interpersonal skills to work effectively with cross-functional teams.

What We Offer:

Competitive salary and benefits package.
Opportunities for professional growth and career development.
An engaging and fast-paced work environment within a global company.
Exposure to complex manufacturing processes and international business operations.

If you are a hardcore, analytical, and driven individual ready to make a real impact in a global manufacturing organization, we invite you to apply.

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About Network Recruitment

Network Recruitment

Network Recruitment is a leading specialist recruitment company in the fields of IT, Finance and Engineering.

Since our establishment in 1987, we have been at the forefront of the specialist recruitment industry. Network Recruitment’s key to success is the focus on delivering superior quality service by developing and maintaining an exclusive focus on sourcing high-calibre skills for medium-sized to JSE-listed companies operating in these three niche sectors across South Africa.

Our experience in permanent and contract-based recruitment enables us to provide you with recruitment solutions that meet your long- and short-term needs.

Network Recruitment is a division of ADvTECH Resourcing, the recruitment arm of the national JSE-listed ADvTECH Limited Group a leader in quality education, training, skills development and placement services.