Cost Accountant

SUMMARY:
Cost Accountant (Manufacturing)

POSITION INFO:

A well known company in the manufacturing industry is looking for a Cost Accountant to be based in Durban.  

Job Purpose: 

To Implement and Manage cost accounting systems to support the companies cost optimization and financial decision-making processes.

1.         KEY PERFORMANCE AREA

Cost Accounting System Improvement.

• Establish and allocate indirect material usage to BOM.
• Maintain and allocate standard labor cost rates to  work centers.
• Establish and allocate set up time to BOM work centers.
• Review and update product run times.
• Establish and update scrap percentage for all sub-assemblies

Budget & Forecasting and Management Reporting

• Assist in preparation of annual budgets and periodic forecasts.
• Distribute weekly departmental budget spend reports.
• Update weekly operations budget performance charts and present on variances and proposed action plans.
• Report on Tooling project budget variances.
• Load monthly requisition budgets in Syspro.
• Prepare departmental profit reports and report on variance between actual and customer recovery rate.

• Ensure an understanding of the departmental budget, as may be applicable, and ensure a practice of cost control.

Job Requirements Specifications

•  Degree in Finance / Cost Accounting
•  CIMA is an advantage
• 7 years’ experience in a manufacturing environment.   

Computer Literacy

• Microsoft excel.
• Syspro.
• Microsoft (Word, PowerPoint, Email)

 Knowledge

•   IAS 2 Inventory                  
•   Cost Accounting principles, standards and methodologies.
•   Strong financial analysis skills.
• Production process understanding.

Behavioral Traits (e.g., Interpersonal, attention to detail, etc.).

• Time management
• Able to communicate with groups
• Good writing skills
• Assertiveness
• Listening skills
• Problem-solving
  • Meeting skills
  • Detail orientated

Personal Attributes

• Approachable
• Good listener
• Calm in difficult situations
• Being comfortable with being firm

POPIA Statement

• Please note that when applying for any position, reference checks will be completed and personal information as defined in the Protection of Personal Information Act 4 of 2013 will be processed. In applying for this position, applicants will be deemed to have consented to such processing as defined in the included Privacy Statement.
• Please also note that if you have not been contacted within 1 month after the closing date of this advertisement, please accept that your application has been unsuccessful.

If you meet the requirements and interested please submit your application to by 31 January 2026