South Africa: Cost Accountant posted by Ikwezi Mining (Pty) Ltd

About the Role

Ikwezi Mining (Pty) Ltd is seeking a highly skilled Cost Accountant to join our team. The successful candidate will be responsible for providing financial leadership and guidance across various departments, ensuring accurate cost management and inventory control. This role requires strong analytical skills, attention to detail, and excellent communication abilities.

Key Responsibilities

• Prepare and maintain accurate product and operational costing models
• Analyse cost variances and provide detailed explanations and recommendations
• Monitor production costs, including labour, materials, and overheads
• Ensure all costs are correctly allocated to cost centres and projects
• Perform regular stock reconciliations (e.g. coal, raw materials, consumables)
• Investigate and resolve stock variances
• Work closely with operations to ensure accurate reporting of production and stock levels
• Prepare costing schedules to support invoicing
• Assist with preparation and review of payment certificates
• Ensure accuracy and completeness of sales invoices for contracting entities
• Prepare daily, weekly, and monthly MIS reports for management
• Provide insights on cost trends, margins, and operational performance
• Support month-end close processes, including accruals and journal entries
• Assist in preparation of budgets and forecasts
• Track actual performance against budgets and highlight variances
• Support financial planning and analysis activities
• Ensure adherence to internal controls and company policies
• Support audit processes (internal and external)
• Maintain accurate documentation and audit trails

Requirements

• Bachelor’s Degree in Accounting, Finance, or related field
• 3–5 years’ experience in a Cost Accounting role (mining / manufacturing preferred)
• Strong understanding of cost accounting principles and inventory management
• Advanced Excel skills (pivot tables, formulas, data analysis)
• Experience with ERP systems (e.g. SAP, Sage, Syspro, etc.)
• Strong analytical and problem-solving skills
• High attention to detail and accuracy
• Ability to work under pressure and meet deadlines
• Excellent communication and stakeholder engagement skills
• Strong business acumen with an operational mindset

Qualifications

None mentioned in the original job description.

Salary & Benefits

Salary details not specified in the original job description.