About the job Cost AccountantMinimum requirements:ND Cost & Management Accounting / B Com Accounting / CIMA Strategic Level or Associate member3+ years of cost accounting/finance experience, or 5+ years experience in a manufacturingenvironment.Syspro ERP KnowledgeTranslution Scanning solution - knowledge + experience (Added advantage)ODBC QueriesAdvanced Excel skillsResponsibilities:Standard Cost UpdatingUpdating of Costing Models (Excel)Stock adjustmentCreation of new stock codes.Reconciliation of inventory account.Product CostingMaintain the line items for direct materials, labour and overhead on the bill of material or recipe for each product.Preparing standard cost budgets for manufacturing.Calculate, analyze, account for, and report monthly cost variances for direct materials, direct labor, indirect labour, and manufacturing overhead.Assist sales with product pricing using an already defined methodology.Updating and uploading of Customer and supplier contract prices.Calculation of Product costingMonitoring of raw material pricesCreation, review and update of Bills of Materials.Calculation of the landed cost (Shipment costing).Preparation of GP dashboard report.Monitoring GP for each product.Compliance with LegislationExecute and maintain procedures accurately and consistently calculating production rates, downtime, and change-over times for department performance measures.Developing a standardized policy and procedure of the standard costing system, such as inventory management, cost allocation and new product development (NPD) calculation.Ensuring that cost accounting transactions align with GAAP, company policy and IFRS.Reporting / AnalysisPurchase Price Variance AnalysisStock Revaluation AnalysisFacilitate stock counts and analyze variances.Monthly Stock Take & ReportingStock adjustments reportMaterial Usage Variances.Asset verification (Half year and year end).#J-18808-Ljbffr