Senior Cost Accountant

SUMMARY:
Our Client in the Manufacturing Industry in Cape Town is looking for a Senior Cost Accountant to join their team.
Salary depends on experience

POSITION INFO:
Minimum requirements:

• Bachelor's degree in accounting, finance, or cost management
• Certified Management Accountant (CMA) certification would be advantageous
• 5 – 10 years proven experience as Cost Accountant
• Knowledge and understanding of the Apparel or Textile manufacturing industry

• Collecting and analyzing data about the company’s operational costs
• Setting standard costs of manufactured goods
• Developing and analyzing cost standards
• Carrying out cost-volume-profit (CVP) analysis
• Establishing costs of business processes such as administration, labor and shipping
• Performing account reconciliations
• Preparing audit reports and presenting their findings to management
• Recommending changes to the company’s processes and policies to reduce cost and maximize profit
• Advising executives and upper management on appropriate costing based on financial data
• Managing the company’s balance sheet and accounting books
• Supporting other company accountants with invoicing and capital expenditure
• Use financial software to identify inconsistencies and irregularities in operational costs and model the impact of possible budget changes on the company’s financial health
• Responsible to improve and drive financial efficiency
• Provide data-driven advice to company leadership for better decision making
• Analyze production costs, including raw materials, overhead expenses, and operational expenditures
• Identify areas for cost reduction and efficiency improvement
• Collaborate with relevant departments to control and reduce costs where possible