Permanent - Cost Accountant - Ekurhuleni (East Rand) - South Africa

Permanent - Cost Accountant - Ekurhuleni (East Rand) - South Africa

Unique Personnel (Pty) Ltd | Ekurhuleni, GT, ZA

Posted a month ago

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Permanent - Cost Accountant - Ekurhuleni (East Rand) - South Africa
To ensure the accuracy and reliability of cost data and information in order to aid informed decision making within company
Reporting Relationship

Reports to :
Management Accountant
Internal  Relationships
Store Procurement
Quality control
Cost Analysis Management
Manages monthly, quarterly and annual close processes, including the preparation of COGS and inventory journal entries, account reconciliations, accruals, excess and obsolete inventory calculations and intercompany transactions
Ensures the deadlines and accuracy of the monthly close including an understanding of all plant variances, impacts of inventory counts on results and cost centre charges
Provides support to production in the analysis of the variances and in the development of product costs Prepares monthly, quarterly and annual product gross margin analysis, including variance commentary, and identification of process and cost saving opportunities
Partners with financial planning and analysis and operations teams to coordinate budgeting and forecasting, including materials, labour and overhead expense forecasting, standard cost setting, etc.
Maintains cost accounting and inventory systems
Assist in annual standard cost development including material, labour rates and overhead rates Conducts weekly, monthly and quarterly analysis of manufacturing costs
Evaluates standard costing on an on-going basis and make necessary adjustments as required. Review of bills of material and routing information
Drives continuous improvement through trend reporting analysis and metrics management
Maintains and improves processes and controls associated with manufacturing costs and inventory valuation
Leads monthly cost control reviews and tracks improvement plans
Inventory Management
Develops and analyses inventory valuation and inventory list
Oversees Inventory counting process and leads the physical inventory process
Maintains accurate plant balance sheets. This includes timely reconciliation and physical observation of inventory and fixed assets.
Perform adhoc request from time to time o Provide required information to internal or external auditors during audits
Record keeping and Reporting
per control and accuracy in managing petty cash e - wallet card and credit card
Minimum of a first Degree/Diploma in Accounting , Finance, Economics or any related discipline

Required  Experience
Minimum of 7 years experience in a similar role within the manufacturing industry