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Cost Accountant - CIMA, City Deep

Cost Accountant - CIMA, City Deep

Prostaff HoldingsJohannesburg, South Africa
30+ days ago
Job description

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.

The successful candidate will be responsible for :

  • 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.
  • Salary package, including benefits, is highly negotiable depending on experience gained.

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