Cost Accountant

at MPC Recruitment
Location Durban, South Africa
Date Posted
Category Accounting & Finance
Work Hours Day
Salary Units MONTH
Currency ZAR
Street Address Durban



Job Description:


Our client, a leading manufacturing concern seeks a dynamic Cost Accountant to join their Durban team. This role will report to the Group Finance Manager.


Job Summary:


Monitor stock movements received from suppliers and dispatched to customers. Ensure all stock movements are reflected. Maintain and update a stock control issues log manages any issues in a timely manner.


Complete the stock transfer reconciliation process, document and investigate any variances. Highlight and process manual stock movements on the Sage software package to replicate physical records. Support business reporting by providing insightful stock reporting and understand the inventory profile. Process all supplier and customer returns on Sage software package. Complete stock reconciliations for five warehouses that are not integrated into the ERP system and work with corresponding teams to facilitate variance resolution.


Adhere to audit controls and operating controls and operating procedures to ensure integrity and completeness of stock records, contributing to design of effective controls. Assist in physical stock checks and book-to-system reconciliation tasks as required. Maintain up to date and accurate process documents engaging with other teams and stakeholders for process signoff Stock Movement: Processing of intercompany GRV's, WBT and process IBT's for head office from the source documents. Capture physical movement of stock from Load Con's & Goods return notes. Create provision for credit notes to be passed.


Processing of invoices of all bulk stock Process intercompany invoicing and GRV Assist debtors department to resolve queries.


Attend monthly stock takes, count stock & analyze variances. Processing of Credit Provisions and Credit Notes Tracking of damaged stock movement Variance analysis: Capture month end stock on the system. Reconcile month end stock variances for Head Office Liaising with sites regarding actual movement of stock.


Stock Count posting & reconciliation: Reconcile mid-month & month end stock variances timeously and accurately. Processing any reversing journals Ensure Final Quantity is accurate Stock Loss / Gain Analysis – provide in depth explanation on origin of variances.


Provide reasons for any unsolved variances Reporting: Compiling production reports for packed stock Analyze the All stock related processes Analyze the usage of consumables Reconcile the stock movement for the month Manage damages and decanting schedule Manage diesel usage Monthly stock trend analysis report BOM Maintenance: Create new BOM’s on request Process Amendments to existing BOM’s Qualifications


  • Bcom Degree – preferably with articles or cost accounting experience


  • 3-5 years relevant experience Role Competencies FMCG manufacturing sector experience essential.


The ability to work independently, without supervision. Strong excel skills. ERP experience.


Brilliant interpersonal, verbal and written communication skills


Interested candidates can send their CV