Junior Cost Accountant

HotelJobs

A dynamic and growing player in the global wine industry based in Stellenbosch is looking for a Junior Cost Accountant . The company is known for commitment to quality; innovation ; and sustainable practices with a portfolio of respected wine brands and a strong presence in both local and international markets; they pride themselves on excellence from vineyard to customer. The Junior Cost Accountant will be responsible for calculating accurate manufacturing costs so that the correct selling price and gross margins can be established, ensure accurate stock intake on WineMS and BC and assist with general accounting functions in the finance department. Duties: Review accuracy of stock counts for all winehouses: Verify that the stock counts received are correct and accurate. Analyse variances and identify reasons for discrepancies and report to the cost accountant. 100% accurate inventory Accurate reporting Effective cost management Ensure compliance with company and external standards Production Orders and Analysis of Input Cost for all winehouses: Update POR’s in BC – ensure correct stock items consumed and produced. Timeous processing of production runs Ensure correct costs and quantities are used. Query discrepancies and follow up daily/weekly on outstanding POR’s Record keeping & comparison of prices of new and existing suppliers Compilation of a supplier pricing file (Costing Masterfile) Analyse finished stock pricing Correct and accurate price build up and margin calculation. Accurate reporting of costs to ensure accurate selling price. Ensure finished stock costing is in line with budget and previous financial year Bulk Wine Management: Create purchase orders and wine delivery in WineMS for bulk wine. Ensure accurate quantities and costs are captured on WineMS for bulk wine. Match Invoices to PO’s and Wine deliveries for bulk stock to ensure all documents are accurately captured Ensure Fairtrade documentation for Bulkwine purchases is correct and assist with info for quarterly reports Accurate bulk wine stock levels vs data on system Accurate reporting = wine prices / margins Stock Management: Ensure accurate reports irrespective of wastage on productions Report on costs prices for all input materials Current vs Budget and Forecast Assist with stock on hand and turnover days reports CoGS Analysis Compliance: Quarterly Stats SA financial questionnaire Timeous and accurate completion of data/information to be submitted for review Assist with ad hoc tasks and provide support across finance and operations as required. Requirements: Financial Accounting Diploma or BCom Degree CIMA or SAIPA registered will be beneficial At least 3 – 5 years general cost management Cost Accounting and Administration experience in a corporate environment Experience in manufacturing industry will be beneficial Previous experience in Business Central will be beneficial Working experience in the Wine industry will be beneficial Strong analytical and problem-solving skills Excellent attention to detail and accuracy

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Overall, this position offers a solid entry point for aspiring cost accountants in the wine sector.

✓ Opportunity to work with respected wine brands ✓ Full-time position with potential for growth ✓ Dynamic work environment in Stellenbosch
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Junior Cost Accountant

HotelJobs

Updated 1 month ago
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Stellenbosch Full–Time

Overall, this position offers a solid entry point for aspiring cost accountants in the wine sector.

About this role

A dynamic and growing player in the global wine industry based in Stellenbosch is looking for a Junior Cost Accountant . The company is known for commitment to quality; innovation ; and sustainable practices with a portfolio of respected wine brands and a strong presence in both local and international markets; they pride themselves on excellence from vineyard to customer. The Junior Cost Accountant will be responsible for calculating accurate manufacturing costs so that the correct selling price and gross margins can be established, ensure accurate stock intake on WineMS and BC and assist with general accounting functions in the finance department.

Duties: Review accuracy of stock counts for all winehouses: Verify that the stock counts received are correct and accurate. Analyse variances and identify reasons for discrepancies and report to the cost accountant. 100% accurate inventory Accurate reporting Effective cost management Ensure compliance with company and external standards Production Orders and Analysis of Input Cost for all winehouses: Update POR’s in BC – ensure correct stock items consumed and produced.

Timeous processing of production runs Ensure correct costs and quantities are used. Query discrepancies and follow up daily/weekly on outstanding POR’s Record keeping & comparison of prices of new and existing suppliers Compilation of a supplier pricing file (Costing Masterfile) Analyse finished stock pricing Correct and accurate price build up and margin calculation. Accurate reporting of costs to ensure accurate selling price.

Ensure finished stock costing is in line with budget and previous financial year Bulk Wine Management: Create purchase orders and wine delivery in WineMS for bulk wine. Ensure accurate quantities and costs are captured on WineMS for bulk wine. Match Invoices to PO’s and Wine deliveries for bulk stock to ensure all documents are accurately captured Ensure Fairtrade documentation for Bulkwine purchases is correct and assist with info for quarterly reports Accurate bulk wine stock levels vs data on system Accurate reporting = wine prices / margins Stock Management: Ensure accurate reports irrespective of wastage on productions Report on costs prices for all input materials Current vs Budget and Forecast Assist with stock on hand and turnover days reports CoGS Analysis Compliance: Quarterly Stats SA financial questionnaire Timeous and accurate completion of data/information to be submitted for review Assist with ad hoc tasks and provide support across finance and operations as required.

Requirements: Financial Accounting Diploma or BCom Degree CIMA or SAIPA registered will be beneficial At least 3 – 5 years general cost management Cost Accounting and Administration experience in a corporate environment Experience in manufacturing industry will be beneficial Previous experience in Business Central will be beneficial Working experience in the Wine industry will be beneficial Strong analytical and problem-solving skills Excellent attention to detail and accuracy

About the Company

This company is a dynamic player in the global wine industry, committed to quality and sustainable practices.

Key Highlights

  • Calculate manufacturing costs for pricing accuracy
  • Ensure accurate stock intake on WineMS and BC
  • Assist with general accounting functions
  • Work within a reputable wine brand portfolio
  • Be part of a growing team in a vibrant industry

💡 Honest Take: This role is ideal for recent graduates looking to start their careers in finance within a respected industry.

Pros

  • Opportunity to work with respected wine brands
  • Full-time position with potential for growth
  • Dynamic work environment in Stellenbosch
  • Focus on sustainable practices

Cons

  • Entry-level role may have limited salary
  • Potentially high workload during peak seasons
  • Requires attention to detail in stock management

Best For: This position is targeted at young professionals or recent graduates eager to develop their accounting skills.

Watch Out: Candidates should be prepared for a fast-paced environment, especially during busy wine production periods.

Apply for this position

You'll be redirected to jobmail.co.za

Expert Review

This Junior Cost Accountant role presents a unique opportunity in the wine industry, specifically in Stellenbosch, a hub for wine production. The position requires precision in calculating manufacturing costs, which is crucial for establishing correct selling prices and gross margins. It's an excellent starting point for those new to the accounting field, especially within a sector known for its high standards and commitment to sustainability.

The company's focus on quality and innovation means the successful candidate will be part of a dynamic team working with reputable brands. However, it's important to note that this is an entry-level position, which may come with a lower salary relative to more experienced roles in finance.

As part of the finance department, the Junior Cost Accountant will handle stock intake processes on WineMS and BC, ensuring accuracy across various winehouses. This responsibility highlights the need for attention to detail and effective communication skills. Candidates should also be prepared for the challenges that peak production seasons may bring, which could lead to increased workloads.

In summary, this role is perfect for recent graduates looking to enter the finance industry with a focus on the wine sector. Interested individuals can find more details and apply through the official job listing on JobMail.

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