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Johannesburg: Cost Accountant posted by Hire Resolve






Date 2024-07-08
Job Title Cost Accountant
Employer Hire Resolve
More Information
Salary 0
Category Finance Accounting
Location Gauteng
/ Johannesburg

Job Summary

Job Title: Cost Accountant (FMCG Industry)

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 

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