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Cost Accountant
Job Location:
Monthly Salary:
Experience Required:
Posted:
8 August 2026 (30+ days ago)
Posted:
Application Deadline:
5 November 2026
Application Deadline:
Vacancies:
1 Vacancy
Vacancies:
Job Summary
Purpose:
Responsible for monitoring analyzing and controlling production costs to ensure accurate product costing and
improve operational efficiency.
Responsibility
Cost Accounting:
Prepare and maintain accurate product costing.
Monitor manufacturing costs including raw materials consumables labour and overhead expenses.
Analyse production costs and identify opportunities for cost reduction and process improvements.
Perform cost allocation and ensure accurate recording of production costs.
Conduct cost variance analysis and investigate significant deviations from budget or standard costs.
Inventory Management
Monitor inventory valuation and ensure accurate inventory costing.
Reconcile raw materials work-in-progress (WIP) finished goods and scrap inventory.
Participate in monthly quarterly and annual stock counts.
Investigate inventory discrepancies and recommend corrective actions.
Financial Reporting
Prepare monthly cost reports manufacturing performance reports and management reports.
Support month-end and year-end closing activities related to inventory and cost accounting.
Ensure compliance with company accounting policies and financial reporting standards.
Budgeting & Analysis
Assist in preparing annual budgets and production cost forecasts.
Analyse manufacturing expenses and monitor departmental budgets.
Provide financial analysis to support management decision-making.
Evaluate the financial impact of process improvements capital investments and operational changes.
Internal Control & Compliance
Ensure compliance with internal controls accounting standards and company policies.
Support internal and external audits by providing required documentation and analysis.
Review costing procedures and recommend improvements to enhance accuracy and efficiency.
Cross-Functional Collaboration
Work closely with Production Procurement Warehouse Engineering and Sales departments to ensure accurate costing information.
Assist in pricing analysis by providing accurate cost data.
Support ERP system enhancements related to costing and inventory management.
Requirements
- Bachelors Degree in Accounting Finance Cost Accounting or a related discipline.
- Professional accounting qualifications (ACCA CIMA CPA ICAEW or equivalent) are an advantage.
- Minimum 35 years of experience in manufacturing industry for cost accounting manufacturing accounting or finance.
- Experience in the steel metal heavy manufacturing or industrial sector is highly preferred.
Working hours:
Mon to Fri 8am to 5:30pm
Required Skills:
Cost Accountant
Required Education:
degree / diploma
