Cost Accountant

New vacancy:

We are hiring: Cost Accountant

We are looking for a detail-oriented Cost Accounant to join our financial team in Worcester.

Start Date: As soon as possible

Salary: Market-related based on experience

Closing date: 20 September 2026

Send your application to . Please indicate for which vacancy you are applying for. Your application must include your qualifications and salary expectations.

Must be willing to work the shifts: 06:00 14:30 / 07:30 16:00 / 07:30 16:30. Please note this is an office-based position.

If you have not heard from us within two weeks of the closing date please consider your application as unsuccessful. GRW (PTY) Ltd reserves the right to withdraw this position at any stage of the recruitment process if deemed necessary.

Key Responsibilities

Costing and Manufacturing Analysis

• Develop maintain and review standard costing models across products and manufacturing processes.
• Analyse material labour and overhead costs to identify variances and opportunities for cost savings.
• Perform detailed cost analyses for all projects.
• Support pricing decisions through accurate product costing and margin analysis.

• Monitor work-in-progress (WIP) raw material and finished goods balances.

Financial Reporting and Analysis

• Prepare monthly costing reports and management information.
• Analyse manufacturing and operational variances and provide recommendations for corrective action.
• Support month-end and year-end financial closing processes.
• Assist with budgeting forecasting and financial planning activities.
• Prepare profitability and margin analyses by product class

ERP and Systems Management

• Maintain costing-related master data within the ERP system.
• Assist with ERP process improvements and system enhancements.
• Partner with production engineering procurement and supply chain teams to improve costing accuracy and operational efficiency.

Compliance and Continuous Improvement

• Ensure adherence to internal controls accounting standards and company policies.
• Identify process improvement opportunities to enhance operational efficiency and financial performance.
• Support Lean Manufacturing Continuous Improvement and Cost Reduction initiatives.

Minimum Requirements

Qualifications

• BCom Cost & Management Accounting or CIMA
• 58 years in a heavy manufacturing or engineering environment
• Proven standard costing and variance analysis experience
• Strong WIP and project costing expertise
• Syspro experience (or another major manufacturing ERP)
• Demonstrated ability to work closely with engineering production procurement and supply chain teams
• Advanced Excel and financial modelling skills
• Exposure to lean manufacturing and continuous improvement initiatives
• Strong understanding of standard costing and variance analysis.

Technical Skills

• Advanced Microsoft Excel skills.
• Strong analytical and problem-solving abilities.
• Knowledge of IFRS
• Experience with financial reporting and management accounting.
• Ability to analyse large data sets and present meaningful recommendations.

Competencies

The ideal candidate will demonstrate:

• Strong attention to detail and accuracy.
• Excellent analytical and financial modelling capabilities.
• Ability to work independently and meet deadlines.
• Strong business acumen and commercial awareness.
• Effective communication and stakeholder management skills.
• Ability to influence operational teams through data-driven insights.
• High levels of integrity and professionalism.
• Continuous improvement mindset.

Key Performance Areas (KPAs)

• Accuracy of standard costs and product costing models.
• Timely completion of monthly reporting and analysis.
• Reduction in manufacturing cost variances.
• Improvement in gross margin visibility and reporting.
• System and ERP master data integrity.
• Compliance with audit and financial reporting requirements.