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

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Job Description

Key Responsibilities:

Costing & Financial Control

  • 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

Stock & Inventory Management

  • 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

Billing & Revenue Support

  • Prepare costing schedules to support invoicing
  • Assist with preparation and review of payment certificates
  • Ensure accuracy and completeness of sales invoices for contracting entities

Reporting & MIS

  • 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

Budgeting & Forecasting

  • Assist in preparation of budgets and forecasts
  • Track actual performance against budgets and highlight variances
  • Support financial planning and analysis activities

Compliance & Controls

  • Ensure adherence to internal controls and company policies
  • Support audit processes (internal and external)
  • Maintain accurate documentation and audit trails

 
Minimum 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
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Advantageous

  • Experience in coal / mining operations
  • Exposure to production environments and plant costing
  • Knowledge of reporting tools (Power BI or similar)

How to Apply

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

About Finance/Accounting Management Jobs in South Africa

In South Africa, the finance and accounting management field is a vital component of various industries, typically requiring professionals with strong analytical skills and attention to detail. Generally, this field is considered stable and in-demand, with common job opportunities available across various sectors.

Typically, salaries for finance and accounting management positions in South Africa range from R500 000 to R1,5 million per annum, depending on factors such as experience, company size, industry sector, and specific job requirements. It’s essential to note that these figures are broad estimates and can vary significantly, with senior roles or those in smaller companies often commanding higher salaries. Experience, qualifications, and industry expertise also play a significant role in determining salary ranges.

Common skills required for finance and accounting management positions include proficiency in financial software such as SAP or Oracle, strong analytical and problem-solving abilities, effective communication and interpersonal skills, and experience with budgeting, forecasting, and financial reporting. Additionally, knowledge of tax laws, financial regulations, and industry-specific standards is often essential. In some cases, technical skills like Excel, data analysis, or programming languages may also be required.

The finance and accounting management field is commonly employed in various industries, including the financial services sector, technology industry, manufacturing sector, and government institutions. These roles can provide a stable foundation for career growth and development, with opportunities to progress into senior positions or transition into related fields like investment banking or auditing.

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Career progression paths for finance and accounting management professionals often involve developing expertise in specific areas, such as financial planning and analysis, risk management, or internal audit. Many organisations also offer training and development programs to support the growth of their employees, which can provide valuable opportunities for career advancement. With a strong foundation in finance and accounting, individuals can pursue various career paths, including senior leadership roles or entrepreneurial ventures.


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



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