Cost Accountant and Business Analyst (R46-R53, 900)

Closing on: Jan 31, 2025
The Cost Accountant will be responsible for analyzing, tracking, and managing production costs to help control expenses, improve profitability, and optimize production processes. This role requires a strong understanding of cost accounting, production processes, financial analysis, and systems/report development. The ideal candidate is detail-oriented, analytical, and experienced in managing budgets and improving reporting capabilities within an agriculture environment.

Qualification and Experience
  • Education: Bachelor’s degree in accounting, finance, or related field.
  • Experience: 3-5 years of experience in cost accounting within a productionenvironment.
  • Skills:
  • Strong analytical and problem-solving skills.
  • Proficient in cost accounting software, ERP systems and Microsoft Excel.
  • Familiarity with standard costing principles, and reporting tools.
  • Experience in report development, systems enhancement, and data visualization.
  • Excellent attention to detail and accuracy.
  • Effective communication skills to collaborate across departments.

KPIs

  1. Cost Analysis and Tracking
  • Analyse production costs, including input materials, labour, and overhead.
  • Track production expenses and compare them to budgeted costs.
  • Monitor variances between actual and standard costs, investigating significant discrepancies.
  • Ensures the processing of all transactions through the ERP and business systems are accurate and up to standard.
  • Budgeting and Forecasting
  • Assist in the preparation of annual production budgets.
  • Collaborate with production and financial teams to develop forecasts.
  • Provide analysis for monthly and quarterly budget variances.
  • Inventory and Inputs Costing
  • Oversee the costing of production inputs, ensuring accurate valuation.
  • Work with supply chain and inventory teams to manage inventory levels and reduce excess or obsolete stock.
  • Perform monthly reconciliations of inventory accounts and adjust for discrepancies.
  • Standard Costing and Variance Analysis
  • Establish and maintain standard costs for products.

Conduct variance analysis on standard costs versus actual costs and report findings to management.

  1. Cost Analysis and Tracking
  • Analyse production costs, including input materials, labour, and overhead.
  • Track production expenses and compare them to budgeted costs.
  • Monitor variances between actual and standard costs, investigating significant discrepancies.
  • Ensures the processing of all transactions through the ERP and business systems are accurate and up to standard.
  • Budgeting and Forecasting
  • Assist in the preparation of annual production budgets.
  • Collaborate with production and financial teams to develop forecasts.
  • Provide analysis for monthly and quarterly budget variances.
  • Inventory and Inputs Costing
  • Oversee the costing of production inputs, ensuring accurate valuation.
  • Work with supply chain and inventory teams to manage inventory levels and reduce excess or obsolete stock.
  • Perform monthly reconciliations of inventory accounts and adjust for discrepancies.
  • Standard Costing and Variance Analysis
  • Establish and maintain standard costs for products.

Conduct variance analysis on standard costs versus actual costs and report findings to management.

Job Category: Finance
Job Type: permanent
Job Location: tarlton west rand

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