Posted on: 27 August 2021
ID 726783

Cost Accountant (JB1133)

Cost Accountant (JB1133)

The Cost Accountant position is accountable for the ongoing analysis of process constraints, costing projects, margin analysis, and tracing costs back to underlying activities. The person is responsible for constructing and monitoring cost-effective data accumulation systems needed to provide an appropriate level of costing information to Management. 

Duties: 

Inventory Transaction 

  • Standard Cost Updating 
  • Updating of Costing Models (Excel) 

Labour and Overhead costing 

  • Maintain the line items for direct materials, labour and overhead on the bill of material or recipe for each product. 
  • Preparing standard cost budgets for manufacturing. 
  • Calculate, analyze, account for, and report monthly cost variances for direct materials, direct labour, indirect labour, and manufacturing overhead. 
  • Assist sales with product pricing using an already defined methodology. 
  • Updating and uploading of Customer and supplier contract prices. 

Compliance with Legislation 

  • Execute and maintain procedures accurately and consistently calculating production rates, downtime, and change-over times for department performance measures. 
  • Developing a standardized policy and procedure of the standard costing system, such as inventory management, cost allocation and new product development (NPD) calculation. 
  • Ensuring that cost accounting transactions align with GAAP, company policy and IFRS. 

Reporting / Analysis 

  • Purchase Price Variance Analysis 
  • Stock Revaluation Analysis 
  • Monthly Stock Take & Reporting 

Requirements: 

  • ND Cost & Management Accounting / B Com Accounting / CIMA Strategic Level or Associate member 
  • 3+ years of accounting/finance experience, or 5+ years’ experience in a manufacturing environment. 
  • Syspro ERP Knowledge 
  • Translution Scanning solution - knowledge + experience (Added advantage) 
  • ODBC Queries 
  • Advanced Excel skills 

Please email CV to recruit@itkontak.co.za and quote JB1133 in the subject line

Occupation:
Accountants
Finance jobs
More details
Salary:
40000 R
Contract type:
Full-time


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