Shoprite Group of Companies
Purpose of the Job
The Cost Accountant is responsible for ensuring accurate costing, financial control, and reporting across all production units, including fresh meat processing, frozen products, and value-added/processed items (e.g., polony, viennas, bacon, mince, marinated products).
The role ensures integrity of production costs, stock, yields, variances, and consumption data to support profitability, operational efficiency, and compliance with internal controls and food-manufacturing standards.
“Our Group and all its operating companies are committed to creating, embracing, and preserving a diverse workplace that values the unique talents, perspectives, backgrounds, and abilities that enrich our organisation. A place where everyone matters and feels included.”
Job Objectives
Costing & Production Finance
Maintain and update Bills of Materials (BOMs) for all products across Fresh, Processed and CPM departments.
Validate standard costs, including raw materials, ingredients, packaging, labour, and overhead allocations.
Monitor and analyse actual vs standard cost variances, including:
Raw material usage
Yield losses
Waste and trimmings
Rework and WIP variances
Work closely with Production Managers to investigate and resolve discrepancies.
Inventory & Stock Control
Oversee accurate daily, weekly and month end stock reconciliations for raw materials, WIP and finished goods.
Verify and reconcile production run sheets, consumption records, and stock movement reports.
Analyse yield performance per product line (e.g., deboning, mincing, tumbling, cooking, slicing).
Ensure accurate allocation of stock to departments and stores, including frozen, dry, and raw materials stores.
Support cycle counts and full stock counts; investigate stock variances and recommend corrective action.
Month End Responsibilities
Prepare and post accruals, provisions, cost allocations, and production costing journals.
Maintain and reconcile the General Ledger for all production related accounts.
Calculate month end inventory valuations (RM, WIP, FG) in line with TBMC policy.
Prepare monthly manufacturing financial reports, including:
Gross margin by product line
Yield & variance analysis
Cost of poor quality (COPQ)
Waste/scrap reporting
Debtors & Creditors Support (Manufacturing Related)
Verify supplier invoices for accuracy of cost allocations (ingredients, raw materials, PPE, packaging, consumables).
Monitor recovery income and internal charges between Fresh, Processed and CPM units.
Assist with debtor invoicing where internal or external charges apply.
Operational Reporting & Business Partnering
Provide finance support to Production, Planning, Maintenance, Engineering and Quality teams.
Participate in daily/weekly operational meetings to present cost, yield and variance insights.
Identify cost saving opportunities and efficiency improvements.
Support CAPEX feasibility calculations and post implementation reviews.
Compliance & Internal Controls
Ensure adherence to:
Food manufacturing financial controls
HACCP linked stock handling controls (e.g., traceability, waste recording, batch tracking)
Company policies, IFRS, and audit requirements
Support internal and external audits with accurate documentation and reconciliations.
Qualifications
Bachelor’s degree in finance, Cost Accounting, Management Accounting, or equivalent (NQF 7).
CIMA, SAIPA, or similar certification advantageous.
Experience:
3–5 years’ experience in cost accounting within a manufacturing or FMCG environment (meat processing preferred).
Knowledge and Skills
KEY COMPETENCIES:
Technical Competencies
Strong understanding of manufacturing cost structures.
Advanced Excel; ERP costing modules; stock/production systems and SAP.
Knowledge of basic accounting principles, IFRS, and inventory management.
Analytical ability with excellent attention to detail.
Behavioural Competencies
Problem-solving and analytical thinking
Planning and organising
Relationship building and collaboration
Ability to work under pressure in a fast paced production environment
High levels of integrity
Clear written and verbal communication
Apply via company website ( ) or
shoprite.erecruit.co