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Salary: R 40 000.00 negotiable
Description: A leading pharmaceutical manufacturer based in Cape Town, is seeking a Cost & Management Accountant to join their team.
You will be responsible for recording, storing and analysing costs in a manufacturing environment. By analysing the data, the Cost Accountant is able to review services and goods and make recommendations about cost-efficient and financially feasible cost options. The individual will be responsible for inventory control focusing on continuous, accurate updating of the inventory on accounting system.
Category: Finance
General Requirements: • Reporting to the Financial Accountant/Financial Manager
• Develop both internal (management & employees) and external relationships (suppliers, industry leaders & key stakeholders)
Key Duties Include:
o Collects and studies data to determine costs of business activity such as raw material purchases, inventory, and labour
o Analyses the data collected and records cost information for use in controlling expenditures
o Analyses and records any changes in methods, raw materials or services provided in order to determine what effect it has on the cost
o Assists in the month end close of the General Ledger and in audit preparation
o Conducts physical inventories and monitors cycle count program
o Reconciles finished goods inventories
o Remains acutely aware of market trends that could impact resource costs
o Collaborates with department heads to strategize ways to minimize waste
o Demonstrates a comprehensive understanding of the interdependency of cost drivers
o Understands the entire arc of the business and how productivity impacts profitability
o Conducts physical inventory spot checks to ensure consistency between accounting software and actual stock
o Overseas monthly stock counts
o Evaluates manufacturing costs and prepares regular reports comparing standard predicted costs to actual production costs
o Provides management with reports specifying and comparing factors affecting prices and profitability of products or services
o Makes estimates of new and proposed product costs
o Assists in planning, developing, controlling, and forecasting the manufacturing budget
o Assists management with building an annual manufacturing budget for the company
o Monthly inventory reports
• Key Vendor & Service Provider Relationships
o Analyses invoices to ensure correct products/services were received at the expected cost
o Assesses all incoming products, resources, and services to ensure the best price
• 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 experience
• 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
TO APPLY, email your updated CV to using the reference: COST
Location: Cape Town    
Consultant: Shelley Katz Share This Job: