Cost and Management Accountant
6 days ago
Job Title: Cost and Management Accountant
Company: Watershed Consulting
Location: Northern Suburbs of Cape Town
Job Type: Full-time
Salary: R50,000 per month (negotiable)
About the Role:
We are seeking a highly skilled and recently qualified Chartered Accountant to join our team as a Cost and Management Accountant. The successful candidate will be responsible for performing financial analysis, costing, budgeting, and forecasting functions for the department.
Key Responsibilities:
- Financial Analysis: Conduct detailed analysis of financial data to identify cost-saving opportunities, inefficiencies, and areas for improvement within the company's operations.
- Costing: Utilize costing methods to accurately determine the cost of production of various products.
- Budgeting and Forecasting: Assist in the development of budgets and forecasts by providing insights into cost trends and variances, ensuring alignment with overall business objectives.
- Inventory Management: Oversee inventory valuation, reconciliation, and control processes to ensure accurate financial reporting.
- 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.
- 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.
Requirements:
- CA (SA) or ACMA/GCMA: Essential qualification for the role.
- Completed Articles: Must have completed articles as a Chartered Accountant.
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