Cost Accountant

7 hours ago

Cape Town, Western Cape, South Africa Communicate Ct Full time R120 000 - R180 000 per year
Step into a world where impeccable standards, refined craftsmanship, and world-class hospitality meet. Our client, an iconic global luxury brand within the hospitality/FMCG space is seeking an exceptional Cost Accountant to uphold the integrity and excellence that define their name. As the custodian of store-level operations, you will ensure absolute accuracy, transparency, and efficiency across all cost-related processes. This pivotal role partners closely with Operations, Procurement, and the culinary teams to drive profitability while safeguarding the elevated standards synonymous with the brand. If you thrive in environments where precision meets prestige, and where every detail reflects luxury at its finest, this is your opportunity to make a significant impact within an internationally celebrated organization.

Job Description:
As the Cost Accountant, your duties and responsibilities include the following:
Monitor and consolidate daily sales, expenses, cash-ups, and ensure accurate reconciliations across all locations
Resolve reporting discrepancies with store manager swiftly and professionally
Oversee all stock movements, including wastage, shrinkage, and variances across stores and the laboratory
Collaborate with Procurement and Operations to ensure accurate cost allocation and stock efficiency
Conduct regular financial and stock audits, ensuring adherence to internal controls and accounting standards
Identify and escalate risks, irregularities, or non-compliance to senior management
Maintain and update recipe costing, menu pricing, and product profitability models
Analyse ingredients and import cost changes, partnering with culinary teams to balance luxury quality with cost efficiency
Prepare monthly cost analyses, variance reports, and provide insights to support operational and management decisions
 
Skills & Experience:
3-5 years of experience in cost accounting, preferably from retail, FMCG or hospitality industry
Strong knowledge of stock control and cost management
Advanced Excel Skills
Proficiency working on Xero, Sage, or other relevant ERP systems
Experience with POS-integrated stock system is advantageous

Qualification:
Professional accounting certification (CIMA, SAIPA, SAICA)
Completed finance degree

Contact JENELLE COOKSON on , quoting the Ref: CTF021921.

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