Johannesburg North: Cost Accountant posted by Network Finance
Posted on 2025-07-16 00:00:00
| Employer | Network Finance |
|---|---|
| Category | Finance/Accounting Management |
| Location | Gauteng / Johannesburg North |
Job Summary
This role is ideal for a detail-driven finance professional who thrives in a high-performance, collaborative environment.
This role is based in Sandton, Johannesburg North.
Key Responsibilities
Foreign Creditors & Payments
- Accurately capture foreign supplier invoices to appropriate GL accounts and cost centres
- Ensure compliance with SARB requirements for forex payments
- Process monthly payments and reconcile foreign creditor accounts
- Liaise with procurement, treasury, and warehouse teams to ensure smooth end-to-end payment cycles
Inventory & Cost of Sales Accounting
- Track inventory movements and report on stock trends and obsolescence
- Ensure correct costing and timely recognition of cost of sales
- Support cycle counts and resolve variances alongside warehouse teams
Intercompany Reconciliations
- Maintain accurate intercompany balances across multiple legal entities and currencies
- Process invoices, revalue balances monthly, and prepare audit confirmations
GL Reconciliations & Cost Reviews
- Reconcile GL accounts including inventory, VAT, payables, and provisions
- Analyse production and operational costs, flagging discrepancies to management
Tax & Statutory Compliance
- Submit VAT201, ITR14, ITR14SD, and other regulatory schedules
- Ensure compliance in VAT processing and stay abreast of legislative changes
Budgeting, Forecasting & Financial Planning
- Assist in the development of cost-focused budgets and forecasts
- Provide accurate data for financial models, projections, and scenario planning
Ad Hoc Projects & Continuous Improvement
- Participate in finance transformation projects and SOP development
- Identify opportunities to improve creditor management, inventory control, and intercompany processes
Requirements:
- BCom degree in Financial Accounting
- 5 years experience in cost accounting, foreign payments, and intercompany reconciliations
- Solid understanding of inventory costing and operational finance
- Proficiency in ERP systems and Microsoft Excel
- A proactive, detail-orientated mindset with a drive for process improvement
If you are interested in this opportunity, please apply directly. For more finance jobs, please visit www.********.co.za
If you have not had any response in two weeks, please consider the vacancy application unsuccessful.
Click Go Apply to apply online!
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