Our client, a leading player in their industry, is looking for an experienced Cost Accountant to take ownership of key cost control and reporting functions across foreign creditors, inventory, inter-company accounts, and general ledger reconciliations.
This role is ideal for a detail-driven finance professional who thrives in a high-performance, collaborative environment.
This role is based in Sandton, Johannesburg North.
Key Responsibilities :
- Foreign Creditors & Payments :
Accurately capture foreign supplier invoices to the appropriate GL accounts and cost centres
Ensure compliance with SARB requirements for forex paymentsProcess monthly payments and reconcile foreign creditor accountsLiaise with procurement, treasury, and warehouse teams to ensure smooth end-to-end payment cyclesInventory & Cost of Sales Accounting :Track inventory movements and report on stock trends and obsolescence
Ensure the correct costing and timely recognition of cost of salesSupport cycle counts and resolve variances alongside warehouse teamsInter-company Reconciliations :Maintain accurate inter-company balances across multiple legal entities and currencies
Process invoices, revalue balances monthly, and prepare audit confirmationsGL Reconciliations & Cost Reviews :Reconcile GL accounts including inventory, VAT, payables, and provisions
Analyse production and operational costs, flagging discrepancies to managementTax & Statutory Compliance :Submit VAT201, ITR14, ITR14SD, and other regulatory schedules
Ensure compliance with VAT processing and stay abreast of legislative changesBudgeting, Forecasting & Financial Planning :Assist with the development of cost-focused budgets and forecasts
Provide accurate data for financial models, projections, and scenario planningAd Hoc Projects & Continuous Improvement :Participate in finance transformation projects and SOP development
Identify opportunities to improve creditor management, inventory control, and inter-company processesRequirements :
BCom Degree in Financial Accounting5 years' experience in cost accounting, foreign payments, and inter-company reconciliationsSolid understanding of inventory costing and operational financeProficiency in ERP systems and Microsoft ExcelA proactive, detail-orientated mindset with a drive for process improvement