Job Description
About the Role
Fusion Personnel is seeking a highly skilled Cost Accountant / Financial Accountant to join our team in the East Rand region. The ideal candidate will have a solid understanding of manufacturing processes, cost control, and inventory management, with strong analytical and problem-solving skills. As a key member of our finance team, you will be responsible for providing financial support to operational efficiency and informed decision-making.
Key Responsibilities
- Develop, maintain, and update cost accounting systems to ensure all cost data is recorded accurately for manufacturing operations
- Maintain cost records for products across various stages of production, bills of materials (BOMs), cost centers, production cycles, and inventory systems
- Conduct cost-focused internal audits, monitoring of physical inventory counts, and monitoring of cycle count programs to ensure that Inventory is correctly valued, Work in process (WIP) is accurately tracked, actual usage matches recorded usage, to help prevent losses, operational inefficiencies, or theft of inventory
- Analyze operating costs to support senior management in identifying cost inefficiencies, wasteful expenditure, and unnecessary spending
- Analyze the cost of raw materials, inventory, and labour in production processes to determine the cost of producing finished goods.
- Conduct regular analysis to determine why actual production costs are higher or lower, whether labour or machine utilization is optimal, and to determine which production lines or products are underperforming
- Prepare detailed cost comparison reports that compare actual vs budgeted manufacturing costs, explaining variances, and recommending corrective actions
Requirements
- Matric
- Matric / Grade 12
- Diploma in Accounting/Management Accounts (Essential)
- Advanced Microsoft Excel & ERP System
- 3-5 years working experience in the Steel industry, Engineering industry, Manufacturing industry
Qualifications
Diploma in Accounting/Management Accounts
Salary & Benefits
Salary details not specified.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Finance/Accounting Management Jobs in Gauteng
In Gauteng, South Africa, the finance and accounting management field is a significant contributor to the province’s economy, with various industries relying on skilled professionals to manage their financial operations. Typically, this field offers stable employment opportunities with good prospects for career advancement. Generally, the demand for finance and accounting managers remains high across multiple sectors.
Salary expectations for finance and accounting management positions in Gauteng are generally broad and can vary widely depending on factors such as experience, company size, and industry sector. Broadly speaking, salaries typically range from R400 000 to R1 500 000 per annum, with senior roles often commanding higher remuneration packages. However, these figures are subject to change and may not reflect actual salaries for specific job openings.
Common skills required for finance and accounting management positions include proficiency in financial software, strong analytical and problem-solving abilities, excellent communication and leadership skills, experience with financial reporting and regulatory compliance, knowledge of financial management principles and practices, and a solid understanding of taxation laws. Typically, candidates with a degree in finance, accounting, or business administration are well-suited for these roles.
Finance and accounting managers can be found across various industry sectors, including the financial services sector, technology industry, manufacturing sector, and more. The financial services sector, for example, often employs finance and accounting professionals to manage its operational finances, while the technology industry may require them to oversee the financial aspects of software development or IT projects.
Career progression opportunities in this field are generally good, with experienced finance and accounting managers often moving into senior roles such as department head or director of finance. Many companies also offer training and development programs to help employees acquire new skills and advance their careers.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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