About the job Cost Accountant Minimum requirements: ND Cost&Management Accounting / B Com Accounting / CIMA Strategic Level or Associate member 3+ years of cost accounting/finance experience, or 5+ years experience in a manufacturing environment. Syspro ERP Knowledge Translution Scanning solution - knowledge + experience (Added advantage) ODBC Queries Advanced Excel skills Responsibilities: Standard Cost Updating Updating of Costing Models (Excel) Stock adjustment Creation of new stock codes. Reconciliation of inventory account. Product Costing Maintain 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 costing Monitoring of raw material prices Creation, 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 Legislation Execute 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 / Analysis Purchase Price Variance Analysis Stock Revaluation Analysis Facilitate stock counts and analyze variances. Monthly Stock Take&Reporting Stock adjustments report Material Usage Variances. Asset verification (Half year and year end). #J-18808-Ljbffr