Our client has a vacancy for a Cost Accountant to be based at their Durban office. The successful candidate will be responsible for project costing, administration and analysis in the Financial Department. Duties include, but are not limited to:

Tracking of all project cost details
Preparation of weekly costing and work-in-progress schedule
Review costing details and financials with project managers to ensure accurate allocations and margins
Run project costing meetings with project managers
Manage project costing & closing and conduct variance analysis
Analyse production and over/under absorption
Produce invoice backups, related project status reports and process invoices in LN per project requirements
Ensure invoices are approved by clients per contractual terms of agreement
Conduct project-cost audits
Report on critical analysis with explanations on variances
Balance monthly work-in-progress, sales, and cost of sales per month-end reporting deadlines
Complete annual updates of labour and project costing recovery rates
Analyse and review weekly labour costings in line with set recoveries
Manage stock system administration
Manage quarterly stock counts including stock variance analysis
Assistance with internal and external financial audit processes

REQUIREMENTS:

Relevant B-degree. Chartered Management Accountant qualification will be a benefit
5 - 7 years’ experience in a project and job costing capacity
Ability to work independently, yet still contribute well to a team environment
Detail orientated with excellent analytical and problem-identifying and solving skills
Ability to manage multiple projects and tasks concurrently and work under pressure to meet deadlines
Excellent excel capabilities and skills
Experience in using an accounting software system
Self-starter who exhibits strong traits of initiative

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