Cost Accountant - Boksburg
Network Finance
Reference: NFR003052-PaB-1Cost Accountant - Drive Efficiency, Optimize Costs, Propel Your Career Forward My client is currently in search of a dynamic and proficient Cost Accountant to join their finance team. As a Cost Accountant, you will play a pivotal role in ensuring the precision and effectiveness of their cost accounting procedures, driving ongoing enhancements, and providing vital support for strategic decision-making within the company.This position is based in Isando, Johannesburg East.Primary Responsibilities: Establish, upload, and oversee standard costs utilizing a fully absorbed, activity-based model in collaboration with procurement and operations. Ensure the precise and punctual loading of new and revised bill of materials. Deliver weekly reports on factory performance for the current month, outlining notable insights and areas for enhancement. Review and pursue resolution for open orders and long-standing orders to optimize operational efficiency. Execute month-end accruals, cut-off transactions, re-allocations, and account validations for monthly period closure. Proactively address variances on a daily basis, collaborating with the cost analyst and escalating issues to site management as necessary. Conduct monthly reporting and validation of material variances, under and over-recoveries, and continuous improvement projects. Support department heads in cost control, budgeting, and forecasting, adapting as required. Ensure complete transparency regarding costs and financial implications on the organization for significant or strategic decisions concerning the factory or area of responsibility. Investigate and analyze capital and operating expenditures, ensuring expected returns are realized. Maintain robust internal controls, ensuring adherence to standard operating procedures, and provide support during audits and self-assessments. Identify and champion cost improvement opportunities, actively contributing to improvement projects and initiatives, and evaluating proposed savings. Reconcile and validate inventory, fixed assets, and associated balance sheet accounts. Participate in stock takes and ensure compliance with standard operating procedures, including assisting with inventory write-offs authorization. Provide ongoing mentorship and assistance to the cost analyst, ensuring timely delivery of outputs. Requirements: Bachelor's degree in Accounting, Finance, or a related field. Completed CIMA professional designation (non-negotiable) Demonstrated experience in cost accounting, preferably within a manufacturing environment. Thorough comprehension of cost accounting principles and methodologies. Proficiency in ERP systems, particularly in cost accounting modules. Strong analytical and problem-solving abilities. If you are interested in this opportunity, please apply directly. For more finance jobs, please visit www.networkrecruitment.co.za.If you have not had any response in two weeks, please consider the vacancy application unsuccessful.We also invite you to contact us to discuss your next career move in finance R 800 000 - R 850 000
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