Vacancy - Cost Accountant

Iwayini (Pty) Ltd has a vacancy for an energetic and detail-oriented Cost Accountant based at Villiera Wines in Stellenbosch.

The Cost Accountant will report directly to the Head of Finance. This role is critical in managing the complex cost structures associated with Viticulture, wine production, international trade operations and manufacturing processes.  The Cost Accountant is responsible for providing accurate cost analysis and financial insights to support strategic decision-making across our agricultural and export operations.

KEY RESPONSIBILITIES:

Cost Management and Analysis

• Develop and maintain comprehensive costing models for vineyard operations, wine production and manufacturing processes
• Maintain customer pricing structures, discounts, promotions (Including export pricing)
• Calculate standard costs for raw materials, labour and overheads across the wine farms
• Perform variance analysis comparing actual costs to budgets and standards, investigating significant deviations
• Monitor and analyse production costs from grape cultivation through bottling and packaging

Manufacturing and Production Accounting:

• Bulk Procurement receipts and updates.
• Track and allocate costs related to wine production equipment, facilities, and processing operations
• Balance sheet reconciliations for stock movements
• Maintain accurate work-in-process and finished goods inventory valuations
• Analyse production efficiency metrics and identify cost reduction opportunities
• Coordinate month-end inventory counts and reconciliations

International Trade & Logistics

• Calculate landed costs for imported materials, equipment, and supplies
• Customs and excise submissions
• Track export-related costs including freight, insurance, duties, and compliance expenses
• Analyse foreign exchange impacts on cost structures
• Support transfer pricing documentation for international transactions

Financial Reporting & Compliance

• Manage the capital expenditure process
• Prepare detailed cost reports for management review and decision-making
• Assist in monthly financial close processes and cost centre reporting
• Support annual budgeting and forecasting processes with cost projections
• Ensure compliance with local accounting standards and tax regulations
• Maintain supporting documentation for cost allocations and inventory valuations

REQUIRED QUALIFICATIONS AND EXPERIENCE

• Bachelor’s degree in accounting, Finance, or related field
• Professional accounting designation (SAICA, SAIPA, or CIMA) beneficial
• 3-5 years of cost accounting experience, preferably in manufacturing or agricultural sectors
• Strong knowledge of cost accounting principles and inventory management
• Proficiency in ERP systems and advanced Excel skills
• Understanding of international trade documentation and procedures
• Knowledge of South African tax and accounting regulations
• Previous experience in agricultural, food processing, or beverage industries
• Familiarity with wine production processes and seasonal business cycles
• Experience with export/import cost accounting

ESSENTIAL SKILLS

• Strong analytical and problem-solving abilities
• Excellent attention to detail and accuracy
• Effective communication skills for presenting financial information
• Ability to work independently and manage multiple priorities
• Understanding of seasonal business fluctuations in agriculture

Applications are to be submitted in writing for the attention of Lesley Rose (Lesley@RoseLRC.com)

CLOSING DATE: Friday,03 September 2025 – No late applications will be accepted.

Applications will be considered in terms of the Employer’s Employment Policy and Employment Equity objectives