Cost Accountant

Our client a Boksburg Johannesburg is looking for an experience Cost Accountant with a 5 years experience within a manufacturing industry being or a Cost Accountant, Plant controller or a Factory Accountant.
Completed CIMA is an advantage (Managerial Level MUST BE COMPLETED) You will take ownership of product costing, inventory valuation, manufacturing cost analysis and related financial controls. The Cost Accountant is accountable for accurate standard costing, BOM integrity, stock-related reconciliations, monthly variance reporting and decision-support analysis that improves profitability, pricing discipline and manufacturing performance.

• Minimum 5 years cost accounting experience in manufacturing of products
• BCom Accounting, Cost & Management Accounting, or Finance (preferred)
• CIMA Qualification an added advantage as long as Managerial Level is completed.
• Standard costing and BOM management
• Inventory valuation and cycle count procedures
• Variance analysis (actual vs. standard)
• ERP system expertise

Finalize proposed standard cost changes and inventory provisions (subject to Head of Finance approval)

• Coordinate and oversee inventory count processes
• Maintain BOM, routing and costing master data in ERP system (within approved limits)
• Identify and report risks/opportunities per Company ERMF policy
• Report non-compliance with Business Management System policies
• Be responsible for Standard Costing reporting to the Head of Finance
• Maintain and update costing structures for materials, components, labor and overheads
• Review Bills of Materials and routings to ensure ERP integrity
• Monthly Reporting
  - Produce variance analysis, margin reports and stock reconciliations
• Cost Analysis
  - Monitor material usage, labor recovery, overhead absorption and scrap variances
• Inventory Control – Manage cycle counts, annual stock counts, obsolescence reviews and WIP reporting
• Cross-Functional Collaboration
  - Work with Production, Procurement, Engineering and Finance on costing decisions
• Cost Improvement – Identify inefficiencies, waste and pricing anomalies; recommend corrective actions
• Audit Support
  -Prepare schedules, reconciliations and control evidence for internal/external audits
• Budget Support – Assist with annual budgeting and forecasting using cost drivers and assumptions
• Authority to finalize proposed standard cost changes, stock provisions, and inventory.
• Authority to coordinate inventory count possesses and instruct staff