The Cost Accountant is responsible for managing, analysing, and reporting on all cost-related aspects of operations. This includes production costing, stock reconciliation, budgeting, and financial reporting to support strategic decision-making and operational efficiency.

Key Responsibilities:

Costing & Financial Control

• Prepare and maintain accurate product and operational costing models
• Analyse cost variances and provide detailed explanations and recommendations
• Monitor production costs, including labour, materials, and overheads
• Ensure all costs are correctly allocated to cost centres and projects

Stock & Inventory Management

• Perform regular stock reconciliations (e.g. coal, raw materials, consumables)
• Investigate and resolve stock variances
• Work closely with operations to ensure accurate reporting of production and stock levels

Billing & Revenue Support

• Prepare costing schedules to support invoicing
• Assist with preparation and review of payment certificates
• Ensure accuracy and completeness of sales invoices for contracting entities

Reporting & MIS

• Prepare daily, weekly, and monthly MIS reports for management
• Provide insights on cost trends, margins, and operational performance
• Support month-end close processes, including accruals and journal entries

Budgeting & Forecasting

• Assist in preparation of budgets and forecasts
• Track actual performance against budgets and highlight variances
• Support financial planning and analysis activities

Compliance & Controls

• Ensure adherence to internal controls and company policies
• Support audit processes (internal and external)
• Maintain accurate documentation and audit trails

 
Minimum Requirements:

• Bachelor’s Degree in Accounting, Finance, or related field
• 3–5 years’ experience in a Cost Accounting role (mining / manufacturing preferred)
• Strong understanding of cost accounting principles and inventory management
• Advanced Excel skills (pivot tables, formulas, data analysis)
• Experience with ERP systems (e.g. SAP, Sage, Syspro, etc.)
• Strong analytical and problem-solving skills
• High attention to detail and accuracy
• Ability to work under pressure and meet deadlines
• Excellent communication and stakeholder engagement skills
• Strong business acumen with an operational mindset

Advantageous

• Experience in coal / mining operations
• Exposure to production environments and plant costing
• Knowledge of reporting tools (Power BI or similar)