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Cost Accountant - Port Elizabeth

2021/05/26 1:04:10 PM
We are seeking a Cost Accountant reporting to the Financial Manager. The role will be to ensure that all Inventory Costing Elements of the business are accurately and timeously recorded and monitored on a continued basis.
Overview of key activities:
• Maintain the Landed Costs processes.
- Allocating Clearing Agent invoices and Importation documents to Raw Materials.
- Monitor the variance between the Accrual to Costing and the Actual Cost.
• Assist the Procurement department to maintain the 470.03 Import Permit.
- Ensure Raw Materials are accurately recorded and tracked through the Import to Export cycle.
• Labour Efficiency tracking.
- Key input into the Actual Hours vs Routing Hours dashboards.
• Master Data Management.
- Work with the Business Systems department to ensure accurate recording of data.
- Monitor the Moving Average Unit Cost (MAUC) and adjust the Standard Cost where required.
- Review and maintain the allocation hierarchy e.g. Item Groups, Warehouses etc.
• Inventory Valuation.
- Maintain, Reconcile and Analyse key General Ledger accounts and balances.
- Work with the Logistics department to ensure accurate recording of data.
• Maintain Production Orders completion vs closure.
- Track Tank Containers through to completion.
- Evaluate the Cost of Sales Variance accounts.
• Assist with developing and maintaining key internal controls.
- Ensure Internal Controls are adhered to, perform limited Internal Audits.
• Perform an active role in implementing Business System improvements.
- Work with the Business Analyst to improve user efficiency and understanding of integrated systems.
• Analytical Costing responsibilities
• Reporting responsibilities
• Perform any other duties as deemed necessary and requested by the Financial Manager.


The Requirements are as follows:
• BCom (Management Accounting, Accounting) - Essential
• 3 years Cost Accounting experience - Essential (preferably in a Manufacturing Environment)
• MS Office experience (MS Excel – at least intermediate level) - Essential
• CIMA (or studying towards) - Preferred
• ERP integrated Business system experience - Preferred

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