Cost Accountant

• Perform ongoing costing calculations of recipes.
• Make estimates of new and proposed product costs.

• Ongoing maintenance and updating of recipes and costings.
• Update unit standards and bill of materials
• Regular internal audit of current recipes and costings in place

• Submission and Control of Floor Recipes to Production.

• Liaise with relevant personnel in obtaining information for recipes.
• Collecting cost information and maintaining an expenses database
• Prepare and share departmental budgeting reports
• Analyze and report profit margins per SKU
• Prepare (monthly, quarterly and annual) cost forecasts
• Identify and recommend cost-effective solutions.
• Analyze and recommend costs and cost saving initiatives
• Analyze the data collected and log a detailed record of the results.
• Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
• Provide management with reports that specify and compare factors that affect prices and profitability of products or services.
• Assist in audits and general ledger preparation.
• Analysis on new equipment such as calculating expected yields and returns

• Maintain and update Product Master.

• Provide and maintain company's barcode listing.

• Checking and Updating Purchase Price Variances.
• Control and Updating standard costs of all Items and Products.
• Updating/Importing STD costs in Heidelberg and Estcourt
• Labour and Overhead Costs (Calculate, Review, Recovery)
• Determining product fixed and variable costs
• Plan and record variable costs (e.g. purchases of raw material and operations costs)
• Review standard and actual costs for inaccuracies
• Accumulate and apply overhead costs as required by generally accepted accounting principles

• Maintenance of Costing model on Excel.
• Analysis of recipe costings savings
• Calculations of raw material price implications on GPs
• Prepare and complete internal cost audits.

• Analysis of Production Variance Reports relating to Costing.
• Work with the materials review board to locate and dispose of obsolete inventory
• Revise the reserve for obsolete inventory as needed
• Coordinate physical inventory cycle and cycle counts
• Conduct physical inventories and monitor the cycle count program.
• Review stock count results and investigate any anomalies to ensure recipes are correctly set up
• Investigate and solve counting variances issues

• Providing information to Management Reports on a daily, weekly and monthly basis.
• Assistance on Pricing Model, Margin Reports, Cost Trends - to the Sales Department
• Report on breakeven points by products, work centers, and factories
• Conduct ongoing process constraint analyses
• Analyze capital budgeting requests
• Perform cost accumulation tasks as a member of the target costing group

• Go into a refrigerated pork production facility to observe production processes when required.
• Review production processes on the production floor
• Analysis of yields and losses (Mixing, Filling, Smoking & Slicing Losses, Brine Uptakes etc and recommendation on savings).
• Review and analysis of actual production vs standard recipe outputs
• Compilation and distribution of production variance reports to GM's
• Compiling and reviewing productivity reports

• Will Report to Cost and Management Accountant
• Report on margins by product and division
• Report on periodic variances and their causes, focusing in particular on spending variances
• Validate the cost of goods sold as part of the month-end close

• BCom or equivalent.

• EST (2-3) HBG (0) years demonstrated experience working in cost accounting, reporting, and cross team collaboration within a manufacturing environment required.
• Meat or food industry experience will be an added advantage
• Knowledge of Meat Matrix system will be an added advantage.

• Computer Literate with strong Excel skills
• A clean driver's license.

• Self-motivated person willing to work under pressure.
• High level of confidentiality regarding recipes.
• Must be able to work alone with minimum supervision.
• Ability to work independently and as part of a team
• Will be expected to travel between Estcourt and Heidelberg when required.
• Thorough knowledge of accounting procedures
• Sound understanding of IAS/GAAP and accounting principles
• Computer literacy, MS Excel
• Strong time management and organization skills
• Good communication skills.

People Dimension