Germiston: Cost Accountant posted by Bilnor Staffing Solutions

• ND Financial Accounting/Finance / Degree in Accounting or related
• Professional qualification (advantageous), e.g. CIMA

Experience:

• 3-5+ years, experience in manufacturing environment / ERP system -Syspro OR Similar

Ensure accurate product costing, effective cost control, and financial governance, and administrative function related to business accounts.

Key Performance Areas:

• Main Task/Inputs
• Expected results/Outputs
• Costing & Manufacturing Finance
• Lead the end-to-end costing of axles and wheelsets across multiple cost centres using zero-based and standard costing methodologies
• Maintain and continuously update Bills of Materials (BOMs) to ensure costing accuracy
• Conduct detailed variance analysis (actual vs standard) and provide actionable insights to management
• Analyse material, labour, and overhead costs to identify inefficiencies and cost-saving opportunities
• Partner with operations to improve cost per unit and production efficiency
• Financial Control & Month-End Processes

Oversee and guide the Financial Accountant in:

• Monthly sub-ledger closures on Syspro
• Balance sheet reconciliations
• Review and approve manual journal entries to ensure accuracy and compliance
• Ensure completeness, accuracy, and integrity of financial records and reporting
• VAT compliance in terms of tax invoice and VAT registration numbers
• Supplier statements reconciled before payments are made
• Reconciliation of balance sheet accounts

Procurement & Cost Governance

• Approve purchase orders within delegated authority limits
• Ensure procurement aligns with budget constraints and cost control policies
• Monitor input costs and supplier pricing trends, particularly raw materials (e.g. steel)
• Asset & CAPEX Management
• Maintain and reconcile the fixed asset register in line with accounting standards
• Ensure all CAPEX approvals, documentation, and asset tagging are properly managed
• Monitor asset utilisation, movement, and lifecycle management

Payroll Oversight

• Oversee the Financial Accountant in the review of:
• Weekly and monthly payroll/wage calculations
• Ensure payroll costs are accurately recorded and allocated
• Utilities & Overheads Monitoring
• Maintain and update monthly utilities cost schedules (electricity, water, gas)
• Analyse trends and provide recommendations to improve cost efficiency
• Tax & Regulatory Compliance
• Oversee the preparation and submission of monthly VAT returns
• Ensure timely and accurate tax payments and compliance with applicable regulations

Inventory & Raw Material Costing

• Manage the costing and receipting of raw materials, including steel
• Ensure accurate inventory valuation and cost allocation
• Monitor material usage, price fluctuations, and supplier performance

Accounts Payable & Financial Governance

• Review and sign off creditors’ reconciliations
• Ensure completeness and accuracy of accounts payable balances
• Strengthen internal controls and mitigate financial risk

Audit & Compliance

• Support external audit processes, including preparation of audit schedules
• Respond to audit queries and ensure timely resolution of findings
• Ensure adherence to internal controls, policies, and governance frameworks

Ad Hoc & Strategic Support

• Perform additional duties as reasonably required by management
• Contribute to financial improvement initiatives, cost optimisation projects, and business strategy

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Duties, Responsibilities & Reasons for Leaving at each Company MUST be listed on CV.
No Criminal Record.
Medically Fit.

Thank you