Costing Specialist

Company: Nestlé SA

Location: Belville DC Cape Town
Qualification: Bachelor’s Degree in Finance or equivalent.

Experience: Prior experience in Accounting or Costing, ideally within a factory or supply chain.

Closing Date: 19 June 2026

Position Summary

With a history spanning over 150 years, Nestlé didn’t become the world’s leading food and beverages brand by chance. Perfection is at the heart of what we do, and our people are always looking for the next big idea to cement our status. We are now looking for a Costing Specialist to be based in Belville DC Cape Town. 

The Costing Specialist is responsible to provide support and expertise in the area of cost/costing analysis. Undertake complex and critical research, interpret the results of analysis and provide alternatives / recommendations for further consideration. Ensure accurate, timely efficient and compliant financial reporting at NiM and Regional level (where relevant). Covers activities under Period end Close for Group reporting, local statutory reporting and internal management reporting, in accordance with Nestlé Accounting Standards, Nestlé Costing Standards and local accounting standards.

A day in the life of a Costing Specialist:

• Cash Flow & Continuous Improvement: Participate in Market driven Projects when Product Costing contribution is required. Coordinate OPEX Savings with the factories and consolidate the OPEX savings reports.


• Analysis: Act as a central contact point and liaison for all questions / issues in terms of Variance Analysis within the Factory's Cost of Production. Ensure timely communication of targeted information to the relevant parties following period-end close.


• Reporting and Analytics: Coordinate and execute COGS forecasting within the Monthly Business Planning (MBP) process. Ensure transparency of Costs of Goods Sold within the Dynamic Forecast with adequate reporting. Ensure timely communication of quarterly COGS rates to the Business Unit Controllers.


• Business Planning: Participate in business planning; participate in coordinating the SCB process with the factories. Be a contact point for questions / issues relating to material prices and master data (e.g. proc type, special proc type, purchase info record by subcontracting, price unit and costing lot sizes, all data from CV3 and CV4).


• Internal Controls: Ensure the proper application of new or updated Guidelines and its integration within the concerned Costing Processes. Development or update of costing functionalities, tools and solutions are properly tested and understood for all issues related to inventory valuation, subcontracting and co-manufacturing. Act as SPOC for these subjects.


• Knowledge Transfer: Promote clear understanding of costing processes both within the costing community and the Head office Finance community


• Compliance: Ensure Nestle financial policies, Accounting Standards and Costing Standards are followed within the Costing Community.

What will make you successful?

• Bachelor’s Degree in Finance or equivalent.


• Prior experience in Accounting or Costing, ideally within a factory or supply chain.


• Proficiency in language of the market and English (where applicable).