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Ekurhuleni: Cost Accountant / Financial Accountant

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Job Description

About the Role

The successful candidate will be responsible for providing cost accounting expertise to support operational efficiency and informed decision-making in Ekurhuleni’s manufacturing operations. This role requires a strong understanding of manufacturing processes, cost control, and inventory management, with excellent analytical and problem-solving skills.

Key Responsibilities

  • Develop, maintain, and update cost accounting systems to ensure accurate recording of cost data 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 accurate valuation of inventory and tracking of work-in-progress (WIP).
  • 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.
  • Prepare detailed cost comparison reports that compare actual vs budgeted manufacturing costs, explaining variances, and recommending corrective actions.
  • Conduct regular analysis to determine why actual production costs are higher or lower, whether labour or machine utilization is optimal, and to identify underperforming production lines or products.

Requirements

  • Matric (Grade 12 Diploma in Accounting/Management Accounts)
  • Advanced Microsoft Excel skills
  • ERP system expertise
  • 3-5 years working experience in the Steel industry, Engineering industry, Manufacturing industry

Qualifications

  • Formal education/certifications not specified

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

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About Accounting / Finance Jobs in Gauteng

In Gauteng, South Africa, the accounting and finance industry is a significant sector, offering various career opportunities for professionals with the right skills and qualifications. Typically, this field is driven by the growth of multinational corporations and local businesses in industries such as technology, financial services, and manufacturing. As a result, job seekers can expect to find a diverse range of roles available, from entry-level positions to senior leadership roles.

When it comes to salary expectations, accounting and finance professionals in Gauteng can generally expect to earn salaries that fall within broad ranges. Typically, salaries for entry-level roles start around R400 000 – R600 000 per annum, while more senior roles can command salaries ranging from R1 million to over R3 million per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad ranges, and actual salaries may vary widely.

Common skills required for accounting and finance roles in Gauteng include strong technical knowledge of financial management principles, analytical and problem-solving skills, attention to detail, effective communication skills, and proficiency in financial software and systems. Additionally, many employers also value candidates with experience in budgeting, forecasting, and financial analysis. In some cases, a degree or diploma in accounting, finance, or a related field may be required.

Industries that commonly employ accounting and finance professionals in Gauteng include the financial services sector, technology industry, manufacturing sector, and public sector entities. These sectors require skilled professionals to manage their finances, prepare budgets, and provide strategic guidance on financial matters. Job seekers can expect to find opportunities across these sectors, from small businesses to large multinational corporations.

For those interested in pursuing a career in accounting or finance, there are many development opportunities available. Typically, professionals in this field can progress to senior roles, such as financial manager or director of finance, after gaining relevant experience and developing their skills. Additionally, many employers offer training programs and mentorship opportunities to support the career development of their employees.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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