About the position
Based East Rand. Join market leader that manufactures their industrial products for local and international markets and forms part of a local Group of Companies. This medium sized business which employs approximately 230 staff (60 salaried and 170 wages) is a highly profitable Entity in the Group. It specialises in manufacturing and engineering that includes the use of furnaces, smelters and has a refinery. The customer base includes automotive, cable, mining and related industries noting that the business has been in existence for many decades. The position reports into both a Management Accountant and Financial Director who will be both mentoring and training the Cost Accountant to upskill and become more experienced in the role. By way of summary, the position will offer significant opportunities for growth and hands-on involvement with on-the-job training provided to support development. The Cost Accountant will play a key role in managing costs within the Company's production environment, ensure accurate financial tracking and contributes to operational efficiency. This will include production processing, cost analysis for the factory, calculating product costs, analysing variances and preparing cost reports. Although the manufacturing & engineering process do not rely heavily on Bill of Materials, nevertheless, it is expected that the successful candidate will have worked with BOM Systems in previous roles. It is required that the Cost Accountant will calculate production yields as well as monitor and improve yield rates to minimise waste and maximise efficiency. In addition, weekly and monthly stock takes will need to be carried out ensuring accurate stock counting, reconciliation, cycle counts and ensuring inventory accuracy to support reliable financial reporting and operational planning. Requirements: Apply on-line or alternatively phone Gerald Lilian on [Phone Number Removed];. Be advised that if you do not receive a response within two weeks from date of submission of your CV, then please deem your application as unsuccessful.
Desired Skills:
- B Comm (preferably in Cost Accounting or Management Accounting) or B Tech in Cost and Management Accounting or a National Diploma
- Up to 5 years experience as a Cost Accountant in a manufacturing or engineering environment is an essential prerequisite for this vacancy
- Candidate must have strong cost accounting experience as well as standard costing exposure and having worked with Bill of Materials plus have a good grasp of structured cost breakdowns and material tracking
- A solid understanding of yield management including production yields is crucial and expertise in inventory (stock) management
- From either Engineering or Manufacturing or Production & Trade Industry
Desired Work Experience:
- 2 to 5 years
Desired Qualification Level:
- Degree
About The Employer:
MANUFACTURING SECTOR
Employer & Job Benefits:
- R500 000 - R550 000 PKG
- BONUS SCHEME