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Cost Accountant - Pietermaritzburg

Cost Accountant - Pietermaritzburg

Accountancy Placements PietermaritzburgPietermaritzburg, South Africa
18 days ago
Job description

Responsibilities :

  • Analyse manufacturing costs and prepare reports comparing standard costs to actuals, identifying variances and providing clear explanations
  • Maintain and update Work Centre rates to ensure accuracy and alignment with current operational data
  • Oversee inventory valuation and ensure accurate cost allocation for raw materials, labour, and overhead, including overtime, scrap, and factory efficiency monitoring
  • Collaborate closely with engineering, production, and management teams to resolve cost discrepancies and update Bills of Materials (BOMs) as needed
  • Monitor Work in Progress (WIP) and Capital Work in Progress to ensure accurate reporting and control
  • Prepare monthly factory cost reports, including reconciliations with daily estimated cost reports, to ensure accurate financial records
  • Support budgeting and forecasting activities by providing detailed cost analyses and identifying cost-saving opportunities
  • Ensure compliance with financial regulations and internal controls and prepare supporting documentation for audits and other relevant purposes

Requirements :

  • Bachelors degree in accounting, finance, or a related field
  • 5 10 years of experience in standard cost accounting, preferably within a manufacturing environment
  • Proficiency in accounting software (preferably SYSPRO) and strong communication skills
  • Strong understanding of cost accounting principles and practices
  • Exposure to Microsoft Business Central and Power BI is advantageous
  • Willingness to work closely with operations and spend time on the factory floor is essential
  • Due to the high volume of applications received, only suitable candidates who meet the criteria of this vacancy will be contacted.

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    Cost Accountant • Pietermaritzburg, South Africa

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