Cost Accountant

3 weeks ago

Johannesburg, South Africa Prostaff Holdings Full time

Minimum requirements for the role: A BCom in Management Accounting, or CIMA Management Level is essential for this role. Proven work experience working as a Cost Accountant in a manufacturing environment is essential. Thorough knowledge of accounting procedures and IFRS. Previous experience working with accounting software, for example Sage X3 and CaseWare is preferred. The ability to understand engineering drawings would be beneficial. Must have a strong understanding of standard costing, variance analysis, and product cost modelling. Advanced Excel and data analysis skills. The successful candidate will be responsible for: Analysing, tracking, and controlling manufacturing costs to support strategic decision-making and enhance profitability. Determining and calculating overhead and labour costs. Analysing production and operational costs. Managing the budgets (expense and Capex) for the factory. Preparing investment proposals for the factory. Compiling monthly management accounts and reports and analysing and reporting on daily sales and profit margins. Calculating and updating standard costs and costing for new products as required as well as calculating the selling price of products. Reviewing standard and actual costs for inaccuracies and identifying and recommending cost-effective solutions. Participating in the preparation and consolidation of annual budgets and quarterly forecasts for factory costs and capital expenditure. Monitoring actual versus budgeted costs and investigating variances, providing commentary and actionable insights. Salary package, including benefits, is highly negotiable depending on experience gained.

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