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Cost Accountant

Job in Richards Bay, 3900, South Africa
Listing for: Placements24
Full Time position
Listed on 2026-10-16
Job specializations:
  • Accounting
    Cost Accountant, Financial Analyst
  • Finance & Banking
    Financial Analyst
Job Description & How to Apply Below
About the Role

Our client is seeking a detail-oriented Cost Accountant to join their manufacturing operations team in Richards Bay . This hybrid role will involve analyzing production costs, managing inventory valuation, and contributing to pricing strategies. You will work collaboratively with production, engineering, and finance departments to optimize cost-efficiency and profitability. This position is crucial for providing insights into manufacturing expenses and supporting informed operational decisions, balancing office-based analysis with on-site factory floor engagement.

Key Responsibilities
  • Develop, maintain, and analyze detailed cost accounting systems and records.
  • Monitor and analyze manufacturing expenses, identifying variances and recommending cost-saving measures.
  • Manage inventory valuation, including standard costing, cycle counting, and physical inventory procedures.
  • Assist in the preparation of budgets and forecasts related to production costs and overheads.
  • Analyze product profitability and provide cost information for pricing decisions.
  • Collaborate with the operations team to improve processes and reduce waste.
Requirements
  • Bachelor's degree in Accounting, Cost Accounting, or a related field.
  • Professional qualification (e.g., CIMA, CMA) is highly desirable.
  • 3-5 years of experience in a cost accounting role, preferably within manufacturing.
  • Strong knowledge of cost accounting principles, inventory valuation methods, and overhead allocation.
  • Proficiency in ERP systems (e.g., SAP, Oracle) and advanced Excel skills.
  • Excellent analytical skills and attention to detail.
Benefits
  • Competitive salary and potential for annual bonuses.
  • Hybrid work arrangement providing flexibility.
  • Comprehensive medical and retirement benefits.
  • On-site training and professional development support.
  • Exposure to a dynamic manufacturing environment.
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