Senior Cost Accountant

Job Description

The Senior Cost Accountant is responsible for accurate costing of imported goods, exported products, and workshop services. The role manages inventory costs, Work-in-Progress (WIP) and Goods-in-Transit (GIT), analyzes cost variances, and supports physical inventory counts. This position ensures accurate financial records and provides reliable cost information for business decision-making.

Key Responsibilities

• Manage and reconcile inventory, WIP and GIT accounts.

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• Prepare and verify product, import/export, and workshop job costing.

• Monitor workshop costs and ensure accurate allocation of materials and labor.

• Support annual budgeting and prepare monthly budget and variance reports.

• Prepare performance reports for key business units and profit centers.

• Record cost adjustments and maintain accurate subsidiary ledger reconciliations.

• Support internal and external audits with required documentation and explanations.

• Verify store transactions and ensure proper documentation and authorization.

• Lead and participate in physical inventory counts and investigate variances.

• Maintain organized cost accounting records and supervise/train junior staff.

• Collaborate with Finance, Stores, Workshop, and Accounting teams to ensure accurate cost reporting.

Job Requirements

Requirements

Education:

Bachelor’s degree in

• Accounting

• Finance

• Cost Accounting.

Experience:

• Minimum of 8 years of progressive experience in cost accounting or financial analysis.

• Experience in a trading, manufacturing, or automotive workshop environment is highly preferred.

Skills:

• Technical: Strong understanding of IFRS, GAAP, and Cost Accounting Standards.

• Software: Proficiency in ERP systems (e.g., Microsoft Dynamics, SAP, or similar) and advanced MS Excel skills.

• Analytical: High level of attention to detail with strong analytical and problem-solving skills.

• Integrity: High ethical standards regarding the handling of inventory and financial data.

• Communication: Excellent verbal and written communication skills to liaise with Store/Workshop operations staff.

How To Apply

1. Please make sure you meet all the required qualifications and requirements for the position.

2. Interested and qualified applicants are invited to apply through the provided application link or send their CV and relevant supporting documents to jobs.africanlakes@gmail.com.

Qualified candidates who meet the requirements are encouraged to apply.