Costing Manager

2 weeks ago


East London, Eastern Cape, South Africa Abantu Staffing Solutions Full time

Job Title: Senior Cost Accountant at XYZ Company


Job Purpose: To enhance business operations by providing precise financial and strategic assistance to the Finance Director and Executive team.

  • Minimum Requirements:
  • High School Diploma or equivalent
  • BCom in Management Accounting or BTech in Cost & Management Accounting
  • 5+ years of relevant work experience
  • Past experience in a manufacturing setting (Highly Advantageous)

Main Responsibility:

  • Management of product cost information
  • Offering strategic support and data to the Executives
  • Control over product specifications
  • Analysis of tender costs
  • Justification of OE selling prices
  • Monitoring of lead variation increases in the London Metal Exchange price index
  • Suggesting enhancements to company procedures to minimize costs and boost profits
  • Creation of Export Selling price schedules for the Marketing Director
  • Conducting inventory reconciliations and participating in stock counts
  • Costing for technical development projects
  • Supervision, leadership, and development of the Costing team
  • Development and monitoring of manufacturing budgets and forecasts
  • Regular updates and maintenance of related policies and procedures
  • Generating reports to recommend efficiency improvements and waste reduction
  • Reporting on Purchase Price Variances
  • Management of related Master data updates
  • Expenditure management and identification of cost-saving solutions
  • Accounting functions focusing on variances and irregularities
  • Support for audits and provision of necessary information
  • Conducting scenario planning, ad-hoc analysis, and EXCO reporting
  • Reconciliation of general ledger accounts and participation in Stock Counts

Key Skills and Competencies:

  • Deadline-oriented in a fast-paced environment
  • Strong written and verbal communication abilities
  • Effective time management skills
  • Attention to detail
  • Organizational proficiency
  • Capability to handle multiple tasks simultaneously
  • Team development and leadership skills
  • Demonstrated strategic input skills
  • Prioritization of daily workloads effectively.


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