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Cost Accountant

Job in Midrand, Gauteng, South Africa
Listing for: Famous Brands
Full Time position
Listed on 2026-09-26
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Reporting
  • Accounting
    Financial Analyst, Financial Reporting, Cost Accountant
Job Description & How to Apply Below

Introduction

Provide the business with accurate Revenue and Cost of Sales insights by managing Bill of Materials (BOM) variances and analyzing profitability at item level.

Duties & Responsibilities Financial Management
  • Provide the business with accurate Revenue and Cost of Sales insights by managing Bill of Materials (BOM) variances and analyzing profitability at item level.
  • Conduct variance analysis by identifying and investigating differences between standard and actual costs.
  • Cost and Selling price management budgeting and forecasting, including modelling and analysis.
  • Perform comprehensive profitability analyses across all products to identify opportunities or corrective actions.
  • Collaborate with Procurement on risk management to ensure supplier pricing supports overall company profitability.
  • Support business units with the processing and costing of assemblies.
  • Prepare and distribute daily sales reports.
  • Produce weekly and monthly cost analysis reports to support decision-making.
  • Identify cost-reduction, automation, and continuous improvement opportunities across the plant.
  • Track and interpret KPIs such as OEE (Overall Equipment Effectiveness), scrap and waste levels, production uptime, cost per unit, and margin trends.
  • Drive improvements in costing accuracy, financial processes, ERP utilisation, and plant reporting.
  • Provide support to divisions by managing and participating in ad-hoc projects as required.
  • Demonstrates strong commercial acumen through effective calculation of trading terms, discounts, rebates, and promotional agreements and improved financial performance.
Analysis
  • Analyse product-level profitability, including raw material impacts, process costs, shrinkage, customer profitability and efficiency KPIs.
Support Business Strategy
  • Support company vision and mission.
  • Deliver on KPI's.
  • Own and manage BOMS integrity and accuracy, while always investigating opportunities to improve profitability.
  • Investigate opportunities to improve controls automate processes, reporting and tasks.
  • Deliver on Individual / team goals
Desired Experience & Qualification
  • Costing qualification, appropriate tertiary qualification aligned to the job requirements
  • Minimum of 3 years commercial accounting experience.
  • Must be computer literate - MS Excel, Word, PowerPoint, ERP.
  • Report writing (BI) - beneficial.
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