COST AND MANAGEMENT ACCOUNTANT

Recruiter:

The Recruiters

Job Ref:

00SK220517A

Date posted:

Tuesday, May 17, 2022

Location:

CapeTown, South Africa

Salary:

R 40 000.00 negotiable

SUMMARY:
A pharmaceutical manufacturer is seeking a Cost & Management Accountant to record, store and analyze costs in a manufacturing environment. You will review services and goods and make financially feasible recommendations, and be responsible for inventory control focusing on continuous, accurate updating of the inventory on accounting system.

JOB DESCRIPTION:

Reporting to the Financial Accountant/Financial Manager
Develop both internal (management & employees) and external relationships (suppliers, industry leaders & key stakeholders)

Key duties include:

Cost Accounting
- Collects and studies data to determine costs of business activity such as raw material purchases, inventory, and labour
- Analyses the data collected and records cost information for use in controlling expenditures
- Analyses and records any changes in methods, raw materials or services provided in order to determine what effect it has on the cost
- Assists in the month end close of the General Ledger and in audit preparation
- Conducts physical inventories and monitors cycle count program
- Reconciles finished goods inventories
- Remains acutely aware of market trends that could impact resource costs
- Collaborates with department heads to strategize ways to minimize waste
- Demonstrates a comprehensive understanding of the interdependency of cost drivers
- Understands the entire arc of the business and how productivity impacts profitability
- Conducts physical inventory spot checks to ensure consistency between accounting software and actual stock
- Overseas monthly stock counts
- Reports and budgets
  - Evaluates manufacturing costs and prepares regular reports comparing standard predicted costs to actual production costs
  - Provides management with reports specifying and comparing factors affecting prices and profitability of products or services
  - Makes estimates of new and proposed product costs
  - Assists in planning, developing, controlling, and forecasting the manufacturing budget
  - Assists management with building an annual manufacturing budget for the company
  - Monthly inventory reports
  - Key Vendor & Service Provider Relationships
    - Analyses invoices to ensure correct products/services were received at the expected cost
    - Assesses all incoming products, resources, and services to ensure the best price

Essentials to be considered for this role:

Bachelor’s degree/diploma in finance or relevant field strongly preferred
3-4 years’ experience as a Cost Accountant in a Manufacturing environment and Inventory Control experiencedly
Must have a strong Cost systems background and a sound understanding of accounting principles
Sound conceptual understanding of standard costing and absorption costing in a manufacturing environment
Excellent Excel skills - proficient in creating formulas, drawing graphs analysing data, creating Pivot Charts, VLookup and Pastel Evolution experience a must

NB! This job is now closed. You can apply for other jobs by uploading your CV.

Similar jobs you might be interested in:

Financial Manager
Location: Capetown
Salary: R60,000 per month
The Financial Manager will be responsible for financial management and reporting, project financial control, cash flow and financial operations, and wider business support.
1 day ago

Head of FP&A / Financial Planning & Reporting
Location: Cape Town
Salary: 1 200 000 Annually
Join a high-growth, consumer-focused business where finance plays a central role in shaping strategy. Reporting directly to the Financial Director and working closely with an entrepreneurial CEO, you will lead the FP&A function and have a tangible impact on commercial performance and business growth.
2 days ago

Accountant
Location: Bellville
Salary: 760 000 Annually
accountantTake ownership of operational finance in a manufacturing environmentAn established organisation within the manufacturing sector is looking for an experienced accountant to join its finance team in Bellville.This is a hands-on role for an accounting professional who understands the financial demands of a production environment and can connect the numbers to what is happening on the operat...
2 days ago

Senior Investment Officer
Location: Cape Town
Salary:
If you are a commercially astute investment professional with a passion for SME funding, relationship management, and financial analysis, this opportunity could be your next strategic career move. Our client is a leading specialist financier focused on empowering small and medium-sized enterprises through tailored funding solutions and business support services.Company and Job Description:Our clie...
2 days ago

Senior Accountant
Location: Cape Town
Salary: 750 000 Annually
Are you a qualified CA(SA) or CIMA professional looking to take the next step in your career? We are recruiting on behalf of a well-established organisation seeking an experienced Senior accountant to join its finance team.This opportunity is ideally suited to a finance professional with strong technical accounting expertise, experience in financial reporting, budgeting, compliance, and management...
2 days ago

Accountant
Location: Cape Town
Salary: 480 000 Annually
Join a fast-paced manufacturing environment where accuracy, ownership, and operational excellence are key.Our client, a well-established manufacturing business, is seeking a detail-oriented accountant to join their finance team. This role offers broad exposure across creditors, imports, stock costing, foreign exchange transactions, reconciliations, and financial reporting, making it an excellent o...
2 days ago

Commerical Cost Accountant
Location: Cape Town
Salary: Market related
We have an exciting opportunity for a CIMA-qualified finance professional who enjoys combining techn
2 days ago

Operations Accountant
Location: Epping
Salary: 25 000 Monthly
Junior Operational accountantLocation: Epping, Cape TownIndustry: ServicesJob OverviewAn opportunity is available for a Junior Operational accountant to join an established organisation based in Epping, Cape Town. The successful candidate will support the finance team with day-to-day accounting functions, financial reconciliations, month-end processes and reporting, ensuring accurate financial rec...
3 days ago

Financial Manager: Operations & Treasury
Location: Cape Town
Salary: 650 000 Annually
Are you an ambitious finance professional looking to broaden your exposure across treasury, financial management and operational finance within a dynamic, project-driven environment?An exciting opportunity exists for a driven finance professional who enjoys working beyond traditional accounting. This role offers exposure to treasury operations, cash flow management, working capital optimisation, f...
3 days ago

Junior Inventory Cost Accountant - Paarl
Location: Paarl
Salary:
Our client is seeking a Junior Inventory cost accountant to assist with inventory costing, stock control, pricing and reporting. This role is suited to a detail-oriented and analytical individual looking to develop their experience in inventory management and cost accounting.
4 days ago

COST AND MANAGEMENT ACCOUNTANT

Similar jobs you might be interested in:

Create a free job alert for COST AND MANAGEMENT ACCOUNTANT in CapeTown

Jobseekers

Recruiter

General