Job Description
Location: Johannesburg, South Africa
Job Summary:
Hire Resolve’s client is seeking a highly skilled and knowledgeable Cost Accountant to join their dynamic finance team in the FMCG (Fast-moving consumer goods) industry in Johannesburg. The Cost Accountant will be responsible for analyzing, monitoring, and controlling the company’s cost structure, ensuring efficient use of resources while maximizing profitability. The ideal candidate should have a strong understanding of cost accounting principles and experience working in the FMCG industry.
Responsibilities:
- Conduct regular analysis of product costs, including raw materials, labor, and overhead expenses, to ensure accurate costing information.
- Develop and maintain cost accounting systems, processes, and procedures for better cost control and accurate financial reporting.
- Monitor ongoing expenses, including purchase price variances, overruns, production variances, and cost allocations, and provide recommendations for cost-saving opportunities.
- Perform monthly, quarterly, and annual financial close procedures related to cost accounting, including reconciliations, accruals, and adjustments.
- Collaborate with cross-functional teams, including production, purchasing, and logistics, to gather costing data, improve accuracy, and implement cost control measures.
- Prepare and analyze monthly, quarterly, and annual costing reports to identify trends, anomalies, and opportunities for improvement.
- Assist in the preparation of budgets, forecasts, and financial plans related to cost accounting.
- Participate in the development and implementation of cost accounting policies, procedures, and internal controls.
- Support internal and external audit activities by providing relevant cost accounting documentation and explanations as required.
- Stay updated with the latest trends and best practices in cost accounting and the FMCG industry to enhance performance and efficiency.
Requirements:
- Bachelor’s degree in Accounting, Finance, or a related field.
- Minimum of 4 years of relevant work experience in cost accounting, preferably in the FMCG industry.
- Strong knowledge of cost accounting principles and methodologies.
- Proficient in using cost accounting software and ERP systems
- Advanced skills in Microsoft Excel, including pivot tables, vlookups, and data analysis functions.
- Excellent analytical and problem-solving abilities, with a keen attention to detail.
- Strong written and verbal communication skills, with the ability to effectively present complex financial information to non-financial stakeholders.
- Ability to work independently and collaboratively within a team.
- Proven ability to prioritize and meet deadlines in a fast-paced environment.
- Adaptability to changing business requirements and the willingness to continuously learn and improve.
Benefits:
- Salary: R800K/yr – R750K/yr, negotiable
- Family Leave
Contact Hire Resolve for your next career-changing move.
- Salary: negotiable.
- Our client is offering a highly competitive salary for this role based on experience.
- Apply for this role today on LinkedIn, or contact Lindy Du Plessis at Hire Resolve
- You can also visit the Hire Resolve website: hireresolve.us or email us your CV: .za
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Auditing Jobs in Gauteng
In Gauteng, South Africa, the auditing industry is generally thriving, with a high demand for skilled professionals to ensure financial accuracy and compliance. The sector is often influenced by economic trends, such as growth in industries like finance, technology, and manufacturing, which can create opportunities for auditors. As a result, job seekers in this field can expect a competitive market with a range of career options.
Typically, auditors in Gauteng can expect to earn salaries ranging from R400 000 to R700 000 per annum, although these figures can vary widely depending on factors such as experience, company size, and industry sector. For example, senior-level auditors or those working in large corporations may command higher salaries, while entry-level positions or smaller firms may offer more modest compensation. It’s essential to note that these are broad estimates, and actual salaries can differ significantly based on individual circumstances.
Common skills for auditing professionals in Gauteng include technical knowledge of accounting standards, analytical and problem-solving abilities, effective communication and interpersonal skills, attention to detail, and the ability to work under pressure. Other important skills often required for this role include proficiency in software applications such as Excel, Access, or ERP systems, and a strong understanding of financial reporting and regulatory requirements.
The auditing industry is commonly found in sectors like financial services, technology, manufacturing, and public sector organisations. These industries often require auditors to ensure compliance with laws and regulations, manage financial risks, and provide assurance on financial statements. Other industries, such as construction or agriculture, may also employ auditors to assess their financial performance and internal controls.
Career development opportunities for auditors in Gauteng are often focused on professional certification, such as the Certified Public Accountant (CPA) designation, or obtaining specialized certifications like the Certified Internal Auditor (CIA). Many firms also offer training programs and mentorship initiatives to help employees advance their careers. With experience and additional qualifications, auditors can move into senior roles, start their own practices, or transition into related fields like forensic accounting or management consulting.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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