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Cost Accountant

2 months ago

Johannesburg, Gauteng, South Africa Network Recruitment Full time

Job Title: Cost Accountant

Company: Network Recruitment

Job Type: Full-time

Industry: Manufacturing

Job Description:

A leading South African manufacturer of electrical products is renowned for its high-quality switches, sockets, and circuit breakers, designed for residential, commercial, and industrial use. With a strong emphasis on durability, safety, and innovation, their products meet both local and international standards.

As a Cost Accountant, you will play a crucial role in ensuring the financial health and stability of the company. Your primary responsibilities will include:

  • Financial Planning and Analysis: Prepare and manage budgets for production and operational expenses, establishing and monitoring standard costs, adjusting for variances as needed.
  • Variance Analysis: Conduct variance analysis to identify discrepancies between budgeted and actual costs, ensuring accurate valuation and reporting.
  • Inventory Management: Monitor and evaluate inventory costs, ensuring accurate valuation and reporting.
  • Cost Allocation: Allocate overhead costs to products or cost centres accurately and consistently.
  • Cost Reporting: Generate detailed cost reports for internal financial review.
  • Process Improvement: Identify and recommend process improvements to reduce operational costs.
  • Audit Compliance: Provide accurate cost data and reports for audit compliance.
  • Cost Accounting Standards: Ensure compliance with cost accounting standards and financial regulations.
  • ERP System Management: Manage and optimize cost accounting modules within ERP systems.

Requirements:

  • Education: BCom in Finance
  • Certification: CIMA
  • Experience: Minimum 3 years experience

Company Overview: Network Recruitment is a leading recruitment agency specializing in placing top talent in various industries. We are committed to providing exceptional service and support to our clients and candidates.