Cost Accountant

Job Description

About Premier FMCG

Premier FMCG is at the heart of South Africa’s FMCG industry, delivering trusted, iconic brands across our Bakery, Milling, Confectionery, Home & Personal Care and Culinary divisions. We are driven by innovation, collaboration, and a high-performance growth culture. We empower our people to strive for excellence ensuring that our products and people make a difference in the everyday lives of our consumers.

Job Purpose

To ensure accurate measurement, analysis, and control of production costs within the manufacturing process, enabling efficient operations and informed decision-making. The role supports the business by monitoring cost drivers, improving profitability, and reducing waste while maintaining strong financial controls and inventory accuracy.

Key Responsibilities

• Maintain and analyse cost data for financial reporting and decision-making
• Prepare cost sheets and determine product pricing and profitability
• Support New Product Development (NPD) with product costing
• Compare actual vs standard manufacturing costs and report variances
• Monitor and evaluate production performance and cost efficiency
• Analyse cost drivers such as raw materials, labour, and production methods
• Prepare regular reports on financial performance and cost trends
• Maintain and manage the cost accounting system
• Assist with month-end processes, stock control and inventory counts
• Maintain the cost accounting system and ensure data accuracy

Qualification Requirements

• Grade 12 with Mathematics and Accounting
• Qualification in Cost & Management Accounting (Diploma/Degree)

Experience Requirements

• Strong Computer skills
• Experience with SYSPRO system
• Experience in food manufacturing industry

Key Outputs

• Strong understanding of cost accounting principles and manufacturing processes
• Knowledge of inventory control, stock management, and cost systems
• Ability to analyse financial and sales data and produce meaningful reports
• Understanding of pricing, costing models, and profitability analysis
• Familiarity with accounts payable processes (PO, GRN, accruals)
• Awareness of food industry trends and market dynamics
• Advanced analytical, problem-solving, and data interpretation skills
• Strong communication and interpersonal skills with the ability to work across teams