Cost Accountant

Our Mining and Construction Equipment Manufacturing client is currently looking for a
Cost Accountant
based in
Boksburg / East Rand, Gauteng
.

We are seeking an experienced Cost Accountant to take ownership of product costing, inventory valuation, manufacturing cost analysis and the related financial controls within the companies end-to-end manufacturing operation. The successful candidate will be accountable for accurate standard costing, Bills of Materials integrity, stock-related reconciliations, monthly variance reporting and decision-support analysis that improves profitability, pricing discipline and manufacturing performance. This role requires a CIMA-qualified professional with at least five years’ cost-accounting experience in a manufacturing environment.

The successful candidate must have strong ERP and advanced Microsoft Excel capabilities, together with practical expertise in standard costing, inventory, BOMs and variance analysis. The Cost Accountant will work closely with the Production, Procurement, Engineering and Finance departments and will report directly to the Head of Finance.

• CIMA qualification – essential
• Minimum five years’ cost-accounting experience in a manufacturing environment – essential
• BCom Accounting, Cost and Management Accounting, Finance or a related qualification is preferred
• Strong practical experience in standard costing, including raw materials, bought-out components, labour and manufacturing overheads
• Strong working knowledge of Bills of Materials, routings and costing master data
• Demonstrated inventory valuation, stock reconciliation, work-in-progress and stock-count experience
• Strong actual-versus-standard variance analysis and gross-margin analysis capability
• Experience working with ERP systems and maintaining accurate costing data
• Advanced Microsoft Excel skills
• Experience supporting month-end close, budgeting, forecasting and audits in a manufacturing environment
• Strong numerical accuracy, analytical ability and attention to detail
• Ability to work cross-functionally with Production, Procurement, Engineering and Finance

• Maintain accurate standard-costing structures for raw materials, bought-out components, labour and manufacturing overheads.
• Review and update Bills of Materials, routings and master data with the relevant departments to ensure costing integrity in the ERP system.
• Monitor imported and locally sourced input costs.
• Ensure that the ERP system reflects approved supplier pricing and current costing assumptions.
• Maintain approved costing master data within the relevant controls and delegated limits.

• Prepare monthly cost-accounting reports.
• Perform actual-versus-standard variance analysis.
• Prepare gross-margin analysis and stock-related reconciliations.
• Analyse material usage, labour recovery, overhead absorption, scrap, rework and production variances.
• Identify and escalate material costing exceptions timeously.
• Provide decision-support analysis that improves profitability, pricing discipline and manufacturing performance.
• Prepare accurate and useful costing information for management.

• Ensure the completeness and accuracy of inventory valuation.
• Coordinate and support cycle counts and annual stock counts.
• Review and report on obsolete stock.
• Prepare accurate work-in-progress reports.
• Coordinate inventory-count processes.
• Instruct responsible employees to perform recounts where discrepancies are identified.
• Prepare stock-related reconciliations, inventory provisions and supporting control evidence.
• Investigate inventory variances and recommend corrective action.

• Support…