Cost Accountant

Minimum requirements: 

• ND Cost & Management Accounting / B Com Accounting / CIMA Strategic Level or Associate member
• 3+ years of cost 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

Responsibilities:

• Standard Cost Updating
• Updating of Costing Models (Excel)
• Stock adjustment
• Creation of new stock codes.
• Reconciliation of inventory account.
• Product 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 labor, indirect labour, and manufacturing overhead.
• Assist sales with product pricing using an already defined methodology.
• Updating and uploading of Customer and supplier contract prices.
• Calculation of Product costing
• Monitoring of raw material prices
• Creation, review and update of Bills of Materials.
• Calculation of the landed cost (Shipment costing).
• Preparation of GP dashboard report.
• Monitoring GP for each product.
• 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
• Facilitate stock counts and analyze variances.
• Monthly Stock Take & Reporting
• Stock adjustments report
• Material Usage Variances.
• Asset verification (Half year and year end).