Cost Accountant (within factory environment)

Cost Accountant (within factory environment)

Recruiter

West Coast Personnel

Job Ref

CPT001228/SM

Date posted

Thursday, July 16, 2026

Location

Port Elizabeth, South Africa

Salary

R750k TCOE Annually

SUMMARY

Cost Accountant (within a factory environment) in Port Elizabeth.

POSITION INFO

To provide costing and financial support to the Factory Finance function by assisting with product costing, inventory control, cost reporting, ERP data maintenance and month-end activities, ensuring accurate financial information, effective internal controls, and compliance with company policies and financial reporting requirements. Requirements: BCom Accounting or Cost & Management Accounting (NQF 6). BCom Accounting / Cost & Management Accounting (NQF7). Studying towards CIMA will be advantageous. 3-7 years' experience in a manufacturing / factory finance environment. Proven experience in cost accounting, inventory valuation and variance analysis. Experience working with ERP systems, preferably SAP, within a manufacturing environment. Strong knowledge of cost accounting principles. Sound understanding of IFRS, specifically IAS 2 (Inventories). Advanced Microsoft Excel skills. Good understanding of manufacturing processes. Strong analytical and problem-solving skills. Excellent attention to detail and accuracy. Ability to work under pressure and meet deadlines. Strong communication and reporting skills. Ability to work effectively with cross-functional teams. High ethical standards and professional integrity. Responsibilities: Maintain standard costing for raw materials, labour and overheads. Prepare costing schedules and monthly costing reports. Assist with inventory valuation and quarterly cost roll-ups. Coordinate and participate in annual and interim stock counts. Investigate stock variances and reconcile inventory discrepancies. Verify Bills of Material (BOMs) and routing accuracy within SAP. Prepare import cost files for SAP updates. Prepare and analyse material, labour and overhead variance reports. Monitor scrap, rework and production yield losses. Compile daily scrap reports and monthly lead balancing reports. Identify and communicate cost-saving opportunities. Assist with the preparation of manufacturing budgets and forecasts. Analyse budget versus actual results and explain variances. Update costing assumptions based on operational changes. Maintain costing master data, BOMs, routings and overhead rates within SAP. Validate production and inventory transactions to ensure data accuracy. Identify and resolve ERP and costing data discrepancies. Support ERP enhancements, testing and costing documentation. Provide first-line support for costing and SAP-related queries. Prepare cost impact analyses for operational improvements. Produce costing and operational reports to support decision-making. Participate in continuous improvement initiatives. Support finance, production and engineering teams with costing information. Assist with finance and factory-related projects as required. Support APDP and other audit requirements. Ensure compliance with company policies, procedures and financial reporting standards. To Apply: Submit your detailed CV, proof of qualifications, recent head & shoulder photo and contactable references. Should you not hear back within 2 weeks, please consider your application unsuccessful.