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Cost Accountant
3 weeks ago
A large international engineering/ manufacturing company requires the above to analyse, track, and control manufacturing costs to support strategic decision-making and enhance profitability. Duties & Responsibilities Minimum requirements for the role:
- A BCom in Management Accounting, or CIMA Management Level is essential for this role.
- Proven work experience working as a Cost Accountant in a manufacturing environment is essential.
- Thorough knowledge of accounting procedures and IFRS.
- Previous experience working with accounting software, for example Sage X3 and CaseWare is preferred.
- The ability to understand engineering drawings would be beneficial.
- Must have a strong understanding of standard costing, variance analysis, and product cost modelling.
- Advanced Excel and data analysis skills.
- Analysing, tracking, and controlling manufacturing costs to support strategic decision-making and enhance profitability.
- Determining and calculating overhead and labour costs.
- Analysing production and operational costs.
- Managing the budgets (expense and Capex) for the factory.
- Preparing investment proposals for the factory.
- Compiling monthly management accounts and reports and analysing and reporting on daily sales and profit margins.
- Calculating and updating standard costs and costing for new products as required as well as calculating the selling price of products.
- Reviewing standard and actual costs for inaccuracies and identifying and recommending cost-effective solutions.
- Participating in the preparation and consolidation of annual budgets and quarterly forecasts for factory costs and capital expenditure.
- Monitoring actual versus budgeted costs and investigating variances, providing commentary and actionable insights.
