Cost Accountant at Reeds Africa Consult

Job Description

• Product costing, standard cost updates, analysis of cost variance, and preparation of cost reports.
• Handling inventory accounting, reporting, and reconciliations.
• Performing month-end closing activities and ensuring financial accounting related to revenue and costing is completed in a timely and accurate manner.
• Analyzing reports and tools that identify cost exceptions and working with cross-function teams to predict and improve the cost of production.
• Perform inventory valuation, reconciliation, and assist with physical and cycle counts to ensure the accuracy of inventory accounts.
• Assist in the preparation of manufacturing budgets and forecasts, and monitor actual versus budgeted expenses.
• Support the monthly close process by reviewing and reconciling cost accounts, preparing journal entries, and ensuring compliance with accounting standards.
• Work with cross-functional teams, such as operations and procurement, to provide cost data, identify cost-saving opportunities, and support financial decision-making.
• Establishing the standard costs of services or products
• Establish and update the business projection by updating on sales progression, revenue, and expenses.
• Ensure all banking are done within the stipulated time and related documents filed.
• Ensure all physical opening stocks are accurate and shared out.
• Ensure all sale out are fed onto the system.
• Coordinate and manage payment and billing details of external service providers, contractors, and vendors.
• Reconciliation of purchases to ensure they comply with the company performance to ensure the company is making profit

Job Requirements

REQUIREMENTS & SKILLS

• Proven experience in cost accounting within the manufacturing industry.
• Strong knowledge of standard costing, variance analysis, and inventory valuation.
• Highly analytical with a strong attention to detail.
• Ability to meet deadlines, work independently, and communicate effectively.
• Strong organizational and problem-solving skills..
• Excellent communication, negotiation, and interpersonal skills.
• Ability to thrive in a fast-paced and dynamic environment.
• Cost Accountant Education Qualifications:
• Bachelor’s degree in Accounting, Finance, or a related field.

Cost Accountant Education Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Advanced proficiency in Microsoft Excel and experience with ERP systems.
• Knowledge and experience in general accounting books reconciliations.
• CPA section 1 completed or ACCA Part 2.
•  Advanced proficiency in Microsoft Excel and experience with ERP systems.
• Knowledge and experience in general accounting books reconciliations.