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Cost and Management Accountant
West Coast PersonnelDurbanville, Western Cape, ZA30+ days ago
Job descriptionMonitor and evaluate inventory costs, including raw materials, work-in-progress, and finished goods. Implement standard costing and ensure accurate product costing. Support stock valuation and control processes. Assist in the preparation of cost budgets and forecasts. Monitor and track cost performance against budgeted targets. Ensure adherence to cost accounting standards and internal controls. Support internal and external audits by providing cost-related data. Maintain compliance with relevant financial regulations and policies. Identify opportunities for operational efficiencies and cost reduction. Collaborate with production, procurement, and finance teams to streamline cost management processes. Proven experience in cost accounting or similar financial roles. Strong knowledge of cost analysis, budgeting, and financial reporting. Experience with inventory management and production costing. Proficient in accounting software and Microsoft Excel. Ability to work collaboratively and drive process improvements.
Key Responsibilities :
1. Cost Analysis & Reporting
- Prepare and analyze cost reports, identifying trends and areas for cost reduction.
- Conduct variance analysis to compare actual costs against budgets and forecasts.
- Provide actionable recommendations on cost-saving initiatives.
2. Inventory & Production Costing
3. Budgeting & Forecasting
4. Financial Control & Compliance
5. Process Improvement & Efficiency
Requirements :