Cost Accountant
2 weeks ago
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About the job
- Our client within the distribution space in South Africa and further African regions is currently seeking a highly analytical Cost Accountant to join their growing team. We are seeking someone with strong exposure to cost analysis, reporting, inventory costing , budgeting and forecasting. This role will be on-site, based in the Northern Suburbs of Cape Town.
Responsibilities:
- Cost Analysis & Reporting - Prepare and analyze cost reports, identifying trends and areas for cost reduction.
- Conduct variance analysis to compare actual costs against budgets and forecasts and provide recommendations on cost-saving initiatives.
- Inventory & Production Costing - monitor and evaluate inventory costs, including raw materials, work-in-progress, and finished goods.
- Implement standard costing ensuring accurate product costing and support stock valuation and control.
- Budgeting & Forecasting - assist in the preparation of cost budgets and forecasts. Monitoring cost performance against budgeted targets.
- Financial Control - Ensure adherence to cost accounting standards and internal controls. supporting internal and external audits by providing cost-related data.
- Maintain compliance with relevant financial regulations and policies.
- Identify opportunities for operational efficiencies and cost reduction.
- Collaborate with production, procurement, and finance teams to streamline cost management processes.
Requirements:
- Relevant bachelors degree - CIMA advantageous
- 5+ years relevant experience within a cost accounting related role
- Experience within a similar industry advantageous
- Analytical skills with proficiency in MS Office and MS Excel
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