Cost Accountant

1 month ago


Johannesburg, Gauteng, South Africa EMPIRE RECRUITMENT Full time
Cost Accountant Job Description

Empire Recruitment is seeking a skilled Cost Accountant to join our dynamic team and play a crucial role in optimizing our operational efficiency and maximizing profitability.

Key Responsibilities:
  • Financial Analysis: Conduct detailed analysis of financial data to identify cost-saving opportunities, inefficiencies, and areas for improvement within our operations.
  • Costing: Utilize costing methods to accurately determine the cost of production of various products, ensuring cost accuracy and profitability.
  • Budgeting and Forecasting: Assist in the development of budgets and forecasts by providing insights into cost trends and variances, aligning with overall business objectives.
  • Inventory Management: Oversee inventory valuation, reconciliation, and control processes to ensure accurate financial reporting and effective inventory management.
  • Variance Analysis: Analyze and interpret variances between actual and budgeted costs, investigating reasons for discrepancies and recommending corrective actions as necessary.
  • Cost Control: Implement cost control measures to optimize operational efficiency, reduce production costs, and maximize profitability.
  • Process Improvement: Collaborate with cross-functional teams to identify opportunities for process improvements and cost reduction initiatives, driving continuous improvement efforts across the company.
  • Financial Reporting: Prepare accurate and timely financial reports to support decision-making by management, ensuring transparency and accountability.
  • Audit Support: Assist in internal and external audits by providing documentation, explanations, and analysis related to costs, ensuring compliance with audit requirements and regulatory standards.

Qualifications and Experience: Similar qualifications and experience as a Cost Accountant are required. Ideal if qualified or studying towards CIMA certification.


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