Cost Accounting Manager
Green Marble Recruitment ConsultantsHowick, South Africa1 day ago
Job descriptionBusiness Acumen : Proven track record of influencing decision-making through analysis. Analytical Skills : Experience in translating complex data into actionable insights. Communication and Collaboration : Ability to explain cost concepts to non-financial colleagues and collaborate effectively with cross-functional teams. Experience presenting to senior management is highly valued. Leadership and Integrity : High level of integrity and professionalism, handling sensitive cost data responsibly, and proactively managing responsibilities. Oversee the accurate calculation of product costs, maintaining up-to-date standard costs for all raw materials, components, and finished goods. Review and update BOMs and routing costs to reflect current production processes and pricing. Manage and monitor overhead cost allocation across different manufacturing processes. Govern various costing models to achieve 100% overhead recovery, continuously evaluating and recommending rate adjustments as needed. Analyse production cost variances, investigate root causes, and implement corrective actions. Provide monthly cost performance reports, translating findings into operational or pricing recommendations. Work closely with Production, Technical, Quality, and Finance teams to gather accurate data and improve cost accuracy. Coordinate on yield improvements, process changes, and scrap / rework costs, ensuring all departments understand their impact on product cost. Serve as the subject-matter expert for costing in the ERP system (Microsoft Dynamics 365 Business Central). Maintain accurate costing data, resolve system issues, develop useful cost reports, and safeguard data integrity. Collaborate with finance and sales teams on transfer prices and pricing strategies, providing reliable cost information and analysis. Support price list preparation with accurate cost and profitability analysis. Work with the inventory control team during stock counts to ensure accurate inventory valuation, reconcile variances, and oversee adjustments in the ERP. Prepare clear presentations on cost findings and improvement plans for senior leadership. Report directly to the Head of Controlling & Internal Audit and occasionally to the CFO / CEO on critical cost issues. Lead and mentor a small team of cost accountants / analysts, fostering a culture of accuracy, accountability, and continuous improvement. Refine costing methodologies and processes while staying updated with industry best practices and introducing relevant ideas to the organisation. Ensure costing practices align with internal control frameworks and external audit requirements.
Minimum requirements :
- BCom in Management Accounting or BCom Honours (or equivalent).
- A professional certification such as CIMA is a strong advantage.
- At least 8 years of experience in manufacturing costing or cost accounting as a cost manager.
- Expertise in standard costing, variance analysis, and overhead allocation is required.
- Experience in a multi-process manufacturing environment is beneficial.
- Hands-on experience with ERP systems for costing, preferably Microsoft Dynamics 365 Business Central or SAGE.
- Advanced Excel skills are essential.
- Familiarity with business intelligence tools (e.g., Power BI) is a plus.
Personality Traits :
Strong commercial awareness and the ability to see the big-picture impact of costing decisions on profitability and strategy.
Excellent analytical and problem-solving skills, capable of identifying discrepancies and summarising key takeaways.
Exceptional written and verbal communication skills.
Proven ability to lead or supervise others, even in a project or informal capacity.
Duties and responsibilities :
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Accounting Manager • Howick, South Africa
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