Manufacturing Cost Accountant - Finance
$100k - $110k per yearFull-time
Arcelormittal South Africa
Join Us in Driving a Safer and Greener Tomorrow as a Cost Accountant at ArcelorMittal Tailored Blanks!
Position: Cost Accountant Location: This posting is for an existing vacancy
We’re opening a state-of-the-art manufacturing facility, designed with cutting-edge technology and innovation at its core. As a leader in the automotive industry, we are committed to excellence, efficiency, and the future of advanced manufacturing.
At AMTB, we’re not just transforming the automotive industry—we’re making a real difference in the world, and we want you on our team! Every part you help create plays a crucial role in saving lives. Our innovative, lightweight components enhance vehicle safety and performance, ensuring that drivers and passengers are better protected in crashes. With materials that are 100% recyclable, you’ll be proud to know that your efforts are helping to create a healthier environment for future generations.
- Recognized as a "Great Place to Work" for three years running, and with multiple awards as one of the best companies to work for, our culture is built on values that promote collaboration, respect, and inclusion. With extensive training and dual career paths, you can advance as a technical expert or in leadership roles—whatever aligns with your aspirations.
- Our generous bonus structure rewards your contributions and the collective achievements of our team.
- Diversity Matters: Our commitment to a diverse workforce fosters an inclusive environment where unique perspectives drive innovation and creativity.
If you're ready to feel good about the work you do and help shape a safer, more sustainable future, AMTB is the place for you! Discover more about us at our website .
The Cost Accountant is responsible for managing and analyzing all aspects of cost accounting within AMTB Ingersoll Blanking facility. This role ensures accurate product costing, inventory valuation, and financial reporting to support strategic decision-making. The Cost Accountant will maintain the standard cost system, analyze variances, and provide actionable insights to improve profitability and operational efficiency. Additionally, the position supports budgeting, forecasting, and compliance with corporate financial policies and industry standards.
Prepare and analyze key manufacturing variances (material price/usage, labor, overhead absorption, scrap) and communicate drivers to stakeholders.
Identify cost-saving opportunities and partner with Operations and Materials on corrective actions and tracking.
Prepare recurring cost/performance reports as applicable
Perform inventory reconciliations and ensure accurate valuation, reserves/aging/obsolescence, and scrap/chargeback calculations.
Prepare material claims and supporting documentation as required.
Support month-end and year-end close, including inventory/COGS entries, accruals, reconciliations, and reporting packages.
Maintain and reconcile assigned balance sheet accounts; Review and post AP batches ensuring accuracy and compliance with company policies.
Fixed Assets / Capital Tracking
Support capital justification for new projects
Ensure compliance with corporate finance policies and plant quality/environmental requirements (IATF 16949; Support internal/external audit requests and maintain strong documentation and control practices.
Bachelor’s degree in Accounting, Finance, or related field; CPA designation or working towards CPA is an asset.
Minimum 3–5 years of cost accounting experience in a manufacturing environment; automotive industry experience preferred.
Advanced proficiency in MS Excel (pivot tables, VLOOKUP, macros, etc.).
Familiarity with AS400 and CMS400 accounting systems preferred.
Strong understanding of cost accounting principles, inventory management, and financial reporting.
Variable Bonus potential
Qualified applicants will receive consideration for employment without regards to race, color, age, religion, sex, or national origin. Upon request, accommodations are available for applicants with disabilities throughout the recruitment process.
Vacancy posted more than 2 months ago
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