Cost Accountant
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About the Role
Our client, a significant player in the mining and resources sector located in Upington, Northern Cape, ZA, is seeking a skilled Cost Accountant. This is an in-office position essential for managing and analyzing the complex cost structures of their operations. The Cost Accountant will be responsible for tracking, analyzing, and reporting on production costs, inventory valuation, and operational efficiencies. This role requires a strong understanding of cost accounting principles and practices, coupled with analytical rigor and attention to detail. You will be instrumental in providing cost insights that drive profitability and operational improvements within this vital industry.
Key Responsibilities
- Develop, maintain, and analyze cost accounting systems and records.
- Monitor and analyze manufacturing and operational costs, identifying variances from budget.
- Assist in the development of annual budgets and periodic forecasts for cost of goods sold.
- Perform inventory valuation and cycle count analysis.
- Calculate and report on product costs, overhead rates, and variances.
- Collaborate with production and operations teams to understand cost drivers and identify cost-saving opportunities.
- Prepare monthly cost reports and provide explanations for significant fluctuations.
- Support internal and external audits related to cost accounting.
- Ensure compliance with accounting policies and procedures.
- Contribute to continuous improvement initiatives in cost management and reporting.
Requirements
- Bachelor's degree in Accounting, Cost Accounting, or a related field.
- Professional accounting qualification (e.g., ACCA, CIMA, SAIPA) or progression towards one is advantageous.
- Minimum of 3-5 years of experience in cost accounting.
- Strong understanding of cost accounting principles, methods, and standards.
- Proficiency in accounting software, ERP systems, and MS Excel.
- Excellent analytical, problem-solving, and data interpretation skills.
- Meticulous attention to detail and accuracy.
- Good communication and interpersonal skills.
- Must be available to work full-time in Upington, Northern Cape, ZA.
Benefits
- Competitive salary commensurate with experience.
- Medical aid and retirement fund contributions.
- Paid time off and company holidays.
- Opportunities for professional development within the company.
- Stable work environment in a key industrial sector.
- Opportunity to contribute to operational efficiency and profitability.