June 13, 2024

COST ACCOUNTANT

JOB TYPE: Full-Time

LOCATION: South Africa, Somerset West

REPORT TO: Financial Manager

KEY PURPOSE OF JOB
The primary focus of this position is providing accurate cost information (product, project
and other costs) that aids in decision-making processes, enabling management to identify
areas of overspending, streamline operations, and maximize profitability. Analysing and
tracking expenses to ensure optimal resource allocation and cost efficiency. Leveraging
expertise in cost analysis, budgeting, and compliance, to play a crucial role in driving
financial transparency, operational excellence, and strategic alignment within the
organization.

KEY TASKS

  • Conducting detailed analyses of production costs, overhead expenses and operational
    expenditures to identify areas for cost reduction and efficiency improvement.
  • Monitoring inventory levels, valuing inventory, and analysing inventory costs to
    ensure proper inventory control and minimize carrying costs.
  • Investigating variances between job actual and budgeted costs, identifying reasons for
    discrepancies, and recommending corrective actions to management
  • Collaborating with cross-functional teams to streamline processes, enhance cost effectiveness, and implement best practices in cost accounting and financial
    management.
  • Utilizing enterprise resource planning (ERP) systems and other financial software to
    maintain accurate cost records, generate reports, and streamline financial processes.

PREREQUISITES
QUALIFICATIONS & EXPERIENCE

Qualification

  • Degree/diploma in cost and management accounting (or similar)
    Experience & Knowledge:
  • At least 3 years of cost and management accounting experience
  • Relevant manufacturing industry knowledge and experience
  • Computer proficiency in MS Office & ERP systems
  • Syspro experience will be an advantage

COMPETENCIES & SKILLS

  • Strong understanding of cost accounting principles
  • Self-starter who is confident, independent and can work without close supervision
  • Analytical and problem-solving skills
  • Technology proficiency
  • Strong written and verbal communication skills, including the ability to
    communicate complex issues to varying audiences and levels
  • Ability to collaborate and influence stakeholders (internal and external) to ensure
    a successful client experience

LANGUAGE

  • English

APPLICATION
If you meet the requirements of this vacancy, please send your cv to:
cv@newspacesystems.com OR contact us on +27 (0) 21 300 0160.


To learn more about NewSpace Systems, visit our website:
www.newspacesystems.com

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