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Johannesburg: Cost And Management Accountant posted by EMPIRE RECRUITMENT

Cost And Management Accountant

Posted on 2025-01-31

Salary 350000

Location

Job Summary

Our client that specialises in the engineering industry requires the expertise of a Cost and Management Accountant. This is an opportunity to be apart of a global company that has a name synonymous with their niche.

Key

Responsibilities:

  • Daily tracking of costing flow functioning properly and keeping in touch with the involved departments to support corrections.
  • Review of operating margins at product level in order to ensure that margins are being maintained and costing errors are highlighted and resolved.
  • Prepare/ Review product and preliminary costings, specific cost impacts and conduct associated procedures.
  • Maintain financial system integrity to ensure that all costings are applied correctly and timeously, and product costs are complete and accurate.
  • Maintain costing database (i.e. BOM).
  • Implement and review changes to item master.
  • Applied marginal costing where applicable for transfer pricing.
  • Responsible for the annual Hourly rated determination and roll up process in SAP.
  • Manage month-end/year-end closure process and perform all Inventory related balance sheet reconciliations, as required.
  • Monthly management of company COGS including PPV (Purchase price variance including FX impact), Freight variances, Inventory adjustments.
  • All aspects of inventory management including the annual stock counts and reconciliation of variances (FIFO, GAAP, KPI zero cost inventory).
  • Monthly monitoring of obsolescence and slow-moving stock provision in line with Company.
  • Assist with budgets and quarterly forecasts from a COGS (Cost of Goods Sold) point of view.

Supply Chain

  • Business partnering with the, Supply Chain and Operations Department.
  • Monthly tracking of all supply chain related cost and challenging the Supply Chain department (Finished goods imports, Import Costs).
  • Follow up with Supply Chain Manager and resolve zero cost inventory.

Financial Accounting and Reporting

  • Play an active role in improving internal control processes within the Finance, Supply Chain and Operations environment.
  • Monthly balance sheet responsibility of all Inventory accounts including sub-ledger and obsolescence recons.
  • Consult with HQ controllership on all COGS related matter.
  • Monthly reporting responsibility for Supply Chain related reporting (Inventory/ Freight/Freight recovery & Low Margin report).
  • Preparation and presenting of Ad-Hoc reports or analysis required (Pricing of a specific project, What If analysis, Sales Analysis etc.)

Qualifications:

  • A recognized cost accounting or finance qualification from a SA university
  • CIMA qualification is preferable
  • A detailed knowledge of the SAP informatics system
  • 3 to 5 years of post-qualification experience in a finance-costing role, preferably with a multi-national corporation

Cost And Management Accountant position available in Gauteng, Johannesburg. This job position was posted by EMPIRE RECRUITMENT. The job has been posted as a premium ad on 2025-01-31 at 13:31:01 in the Finance Accounting category

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Johannesburg: Cost And Management Accountant posted by EMPIRE RECRUITMENT

Cost And Management Accountant

Posted on 2025-01-31

Salary 400000

Location

Job Summary

Join Our clients Team as a Cost Accountant!

Are you a skilled finance professional looking to make a significant impact within a leading JSE retail organization? We are actively seeking a Cost Accountant to join our dynamic team and play a crucial role in optimizing our operational efficiency and maximizing profitability.

Key

Responsibilities:

Financial Analysis: Conduct detailed analysis of financial data to identify cost-saving opportunities, inefficiencies, and areas for improvement within our operations.

Costing: Utilize costing methods to accurately determine the cost of production of various products, ensuring cost accuracy and profitability.

Budgeting and Forecasting: Assist in the development of budgets and forecasts by providing insights into cost trends and variances, aligning with overall business objectives.

Inventory Management: Oversee inventory valuation, reconciliation, and control processes to ensure accurate financial reporting and effective inventory management.

Variance Analysis: Analyze and interpret variances between actual and budgeted costs, investigating reasons for discrepancies and recommending corrective actions as necessary.

Cost Control: Implement cost control measures to optimize operational efficiency, reduce production costs, and maximize profitability.

Process Improvement: Collaborate with cross-functional teams to identify opportunities for process improvements and cost reduction initiatives, driving continuous improvement efforts across the company.

Financial Reporting: Prepare accurate and timely financial reports to support decision-making by management, ensuring transparency and accountability.

Audit Support: Assist in internal and external audits by providing documentation, explanations, and analysis related to costs, ensuring compliance with audit requirements and regulatory standards.

Qualifications and Experience:

– Similar qualifications and experience as a Cost Accountant are required.
– Ideal if qualified or studying towards CIMA certification.

If you`re ready to take on a challenging yet rewarding role in cost accounting and contribute to the success of our clients organisation, apply now!

Cost And Management Accountant position available in Gauteng, Johannesburg. This job position was posted by EMPIRE RECRUITMENT. The job has been posted as a premium ad on 2025-01-31 at 13:22:45 in the Finance Accounting category

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Pinetown: Production Cost And Programming Manager posted by Fouche & Co Recruitment

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Error making API request.
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Posted in Jobs in Gauteng, Jobs in Johannesburg

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