Cost Accountant

2 weeks ago

Cape Town, Western Cape, South Africa The Workforce Group Ltd Full time

Job Title: Cost Accountant

Job Summary:

The Cost Accountant will be responsible for managing the full stock control function and operational efficiencies to mitigate stock losses in collaboration with relevant site HODs.

Main Objectives:

The purpose of the Cost Accountant role is to provide a cost management service to the management team in respect of deviation reporting along with waste elimination opportunities.

Key Responsibilities:

  1. Provide a cost management service to the management team in respect of deviation reporting along with waste elimination opportunities.
  2. Determine and manage cost accounting procedures and methods to accurately account for costs per product.
  3. Perform stock reconciliation, reporting and investigation of variances to initiate corrective action on a daily basis.
  4. Ensure accurate recording and reporting of stock information through compilation of financial journals and balance sheet reconciliations on a monthly basis.
  5. Check for adherence to and continuous improvements of Standard Operating Procedures relating to stock control on all site and route locations in collaboration with relevant stakeholders.
  6. Participate in the preparation of annual budgets as needed by the Site Accountant/Bakery Manager.
  7. Guide and advise Sales Managers regarding route viability and cost to serve by checking their calculations on an ad hoc basis.
  8. Cashbook Reconciliation, Month end processing and closure of depot financials, Budgeting / Forecasting of depot financials, Expense analysis and reviewing variances against budget with recommendations.
  9. Maintain depot balancing and full financial reporting of the depot.
  10. Supervise Depot Admin team and control the depot stock.
  11. Ensure compliance to the Standard Operating procedures at the Depot.

Skills and Attributes Required:

Following instructions and procedures, Commercial Thinking, Coping with pressures, delivering results and Meeting Customer Expectations, Applying expertise and technology, Planning and organizing, Analysing.

Experience and Qualifications:

2-3 years' cost accountant experience, 1 year experience should come from the FMCG industry, Experience in using ERP System e.g., GP2010 would be an advantage, Matric, CIMA qualification, Cost Accounting Degree/Diploma.

Other Requirements:

6-day worker required to work Saturdays, Sundays and Public Holidays and overtime required from time to time. Ability to travel when required.

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