Cost and Management Accountant

In brief

Overview This is a permanent Cost and Management Accountant position recruited by MultiSEARCH Recruitment. The role reports to Management and is located in Prospecton, KwaZulu Natal, focusing on comprehensive cost accounting, inventory management, financial reporting, budgeting, internal controls, and business partnering, particularly within a manufacturing environment. What you will do The successful candidate will be responsible for: 1. **Cost Accounting and Manufacturing Cost Control:** Analyzing and monitoring manufacturing costs (direct materials, direct labour, production overheads); preparing, maintaining, and reviewing product costing, standard costing, and bill of materials (BOM) costings; reviewing overhead absorption rates and ensuring accurate allocation of manufacturing costs; identifying cost-saving initiatives and collaborating with operational teams to improve manufacturing efficiency; and ensuring the accuracy and integrity of costing information within the ERP system. 2. **Stock Analysis and Inventory Management:** Conducting detailed stock analysis to monitor inventory levels, movements, and valuation; analyzing stock turnover ratios and days inventory on hand; reconciling inventory records to the general ledger and investigating discrepancies; and highlighting significant movements in monthly stock analysis reports for management. 3. **Management Reporting and Financial Analysis:** Preparing monthly management accounts and financial performance reports; investigating actual results against budget, forecast, and prior periods; and providing financial insights and recommendations to support decision-making. 4. **Budgeting and Forecasting:** Assisting with the preparation of annual budgets and periodic forecasts; monitoring actual expenditure against approved budgets and analyzing cost trends; and identifying improvement opportunities in cost management. 5. **Internal Controls, Reconciliations and Audit Support:** Maintaining effective controls over costing and financial reporting processes; preparing reconciliations related to inventory, cost of sales, and manufacturing accounts; and identifying weaknesses in existing processes and recommending improvements. 6. **Business Partnering and Operational Support:** Working closely with various teams to improve cost and operational performance; and providing financial guidance to non-financial managers and supporting continuous improvement initiatives. Requirements (from the original advert) * BCom degree in Management Accounting, Cost Accounting or related field. * 3-5 years' experience in cost and management accounting. * Strong knowledge of manufacturing costing, inventory accounting and financial variance analysis. * Advanced Excel skills and experience working with ERP systems. * Strong analytical skills and commercial acumen. * Proactive approach to identifying cost-saving opportunities. * Ability to communicate financial findings clearly to different teams. * High levels of accuracy, integrity and accountability. Who should apply Candidates with a BCom degree in Management Accounting, Cost Accounting, or a related field, possessing 3-5 years of experience in cost and management accounting, are encouraged to apply. The ideal candidate will have strong knowledge of manufacturing costing, inventory accounting, financial variance analysis, advanced Excel skills, and experience with ERP systems. They should be highly analytical, proactive in identifying cost-saving opportunities, possess commercial acumen, and be capable of clearly communicating financial findings to diverse teams. A high level of accuracy, integrity, and accountability is also expected. Deadline Not specified Reference Original posting: https://www.jobmail.co.za/jobs/finance-accounting/other-finance-accounting/south-africa/cost-and-management-accountant-id-7600730 Source: jobmail

Summary drafted with AI assistance from the original advert. The advert itself is the authority — how we use AI.

At a glance

• At least 3 years of experience.

• Microsoft Excel

Extracted automatically from the advert; confirm requirements on the original listing.

Job description

Before you apply

• Confirm the requirements and closing date on the original listing (jobmail). SPANi lists vacancies from other sites and may not reflect last-minute changes.
• Legitimate employers do not charge application, registration or training fees.
• Don't send your ID or bank details before you have confirmed the employer is real.

How to spot a job scam

Applying for permanent roles

• Mirror the job title and top three requirements in your CV summary and most recent experience.
• Quantify results where possible: sales targets, cases handled, tickets closed, or team size.
• Proofread contact details and filenames before submitting — small errors cost interviews.
• Verify the company and role on the source page before sharing ID copies or banking details.