Cost Accountant

A market leading FMCG company is looking to employ a Cost Accountant to join their team in Durban, KwaZulu-Natal. The ideal candidate will come from the FMCG/Manufacturing industry and have strong cost accounting experience.

Education:
Bcom Degree – preferably with articles or cost accounting experience
Skills/Experience required:
3 – 5 years’ experience in a similar role
FMCG manufacturing sector experience essential.
Strong Excel skills.


Job Description:

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 for two sites
Reconcile month end stock variances for Head Office and sites
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