Overview
Cost Accountant Jobs in Stellenbosch, Western Cape, South Africa at ExecutivePlacements.com
Title: Cost Accountant
Company: ExecutivePlacements.com
Location: Stellenbosch, Western Cape, South Africa
Cost Accountant
Recruiter:
Network Recruitment
Job Ref:
NFR009599/MoD
Date posted:
Thursday, May 7, 2026
Location:
Stellenbosch, South Africa
Salary:
550000 Annually
SUMMARY:
We are looking for a hands-on and driven Cost Accountant to join a dynamic manufacturing environment within the FMCG (food) sector. Reporting to the Financial Manager, this role plays a critical part in improving profitability through effective cost control, stock accuracy, and operational insight.
POSITION INFO:
This is an excellent opportunity for someone who enjoys being close to operations — not just behind a desk — with regular exposure to the factory floor and cross-functional teams.
Key Responsibilities:
- Costing & Profitability:
- Analyse and report on key cost drivers, including materials, labour, overheads, and margins
- Monitor production yields, waste, and material usage against standards
- Maintain and improve BOMs and standard costing accuracy
- Identify cost-saving opportunities and efficiency improvements
- Partner with production, warehouse, and commercial teams to optimise margins
- Inventory & Stock Control:
- Lead stock control processes, including cycle counts and stock takes
- Investigate and resolve stock variances and root causes
- Monitor slow-moving, obsolete, and at-risk inventory
- Ensure the accuracy of all stock transactions (GRNs, production, and dispatch)
- Drive adherence to stock control procedures and process discipline
- Financial Reporting & Processing:
- Process financial transactions up to trial balance level
- Assist with month-end reporting, management accounts, and budgeting
- Prepare journals, reconciliations, and supporting schedules
- Support VAT submissions and fixed asset management
- Review daily sales and GRN reporting
- Controls & Compliance:
- Maintain strong financial controls and SOP compliance
- Support internal and external audits
- Review payment batches and assist with banking controls (local & international)
- Assist with wage payment controls and submissions
- Data & Systems:
- Track and report on key KPIs, risks, and variances
- Ensure data integrity and accuracy across costing and operations
- Identify opportunities to improve reporting, systems, and automation
Minimum Requirements:
- Bachelor’s degree in Finance / Accounting
- CIMA (completed or in progress – Strategic Level or higher)
- 2–5 years’ experience in a similar role (manufacturing / FMCG preferred)
- Advantageous:
- CIMA articles
- Strong Excel skills (SQL beneficial)
- ERP system experience (Syspro highly advantageous)
What We’re Looking For:
- Strong analytical and problem-solving ability
- High attention to detail and process-driven mindset
- Comfortable working in a fast-paced manufacturing environment
- Hands-on, proactive, and solutions-driven
- Strong communicator with the ability to engage across teams
- A curious mindset with a focus on continuous improvement
What Success Looks Like:
- Accurate and reliable costing and stock reporting
- Reduced stock variances and improved control
- Strong adherence to processes, controls, and deadlines
- Measurable contributions to cost savings and operational efficiencies
Additional Information:
- This is a fully on-site role based in Strand
- Package includes provident fund (included in total cost to company)