Cost Accountant

Position Details

  • Location: South Africa, Edenvale, Founders View South
  • Reporting to: Finance Manager
  • Direct Reports: None

Overall Purpose of Position

  • This position is responsible for recording, classifying, analyzing, summarizing, and allocating costs associated with manufacturing process. This position follows the standard costing method to control the costs.

Principal Accountabilities

  • Planning, studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor
  • Analyzing data collected and recording cost information for use in controlling expenditures
  • Analyzing changes in raw materials, manufacturing methods to determine effects on cost
  • Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
  • Making estimates of new and proposed product costs
  • Providing management with reports specifying and comparing factors affecting prices and profitability of products or services
  • Maintaining Cost Accounting System (TBA)
  • Assisting in Month end close of the General Ledger
  • Conducts physical inventories and monitors cycle count program
  • Reconciles finished goods inventories
  • Ability to Multi-tasks and good time management skills
  • All other tasks & projects as requested by your Manager

Qualifications & Experience Required

  • 2-5 years of Cost Accounting experience in a Manufacturing Environment.
  • Bachelor/Master Degree in Accounting/Commerce.
  • Cost & works Accountant preferred.
  • Must have a strong cost systems background and have excellent analytical skills; sound understanding of accounting principles.
  • Strong Excel skills, ERP and the ability to use Outlook and Word. Hands-on in utilising Sage X3 ERP or other equivalent ERP for Standard Costing and Yearly Physical stock count & Cycle Count.
  • Familiar with Cost Centre accounting concept for managing Actual Overhead Expenses in comparison against Budget and classification and transaction posting of cost centre expenses for actual, accrual and provision.
  • Sound conceptual understanding of standard costing and absorption costing in a batch manufacturing environment.
  • Ability to handle other general accounting entry and transactions posting for month end and ad hoc requirement as directed by Finance Manager.
  • Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports.
  • Diligent and proactively and ability to work independently as well as working in a team under guidance & direction from the Finance Manager.
  • Strong & clear communication with all stakeholders.
  • Possess high level of honesty and integrity in dealing with the number & transactions and maintain high level of confidentiality at all times.

To apply, please email hradmin@chromaflo.com with your resume and/or a general application. Be sure to attach your resume and list the position title in your subject line.

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