Job Summary
We are seeking a detail-oriented and analytical Cost Accountant with a minimum of 3 years of experience to join our Finance team. The successful candidate will be responsible for monitoring and analyzing costs, preparing cost reports, maintaining accurate inventory valuations, and supporting management with financial analysis to improve operational efficiency and profitability.
Key Responsibilities
- Prepare and analyze product and operational cost reports.
- Monitor production costs and identify cost-saving opportunities.
- Perform inventory valuation and reconciliation on a regular basis.
- Analyze material, labour, and overhead costs and investigate variances.
- Prepare monthly cost accounting reports and management reports.
- Maintain standard costing systems and update cost data as required.
- Assist in budgeting, forecasting, and financial planning activities.
- Ensure accurate allocation of direct and indirect costs.
- Support month-end and year-end closing activities related to costing.
- Work closely with Operations, Procurement, and Warehouse teams to ensure cost accuracy.
- Review Bills of Materials (BOMs) and monitor cost changes where applicable.
- Ensure compliance with company policies and accounting standards.
- Assist with internal and external audits by providing the required financial information.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field.
- Minimum of 2-4 years of experience in Cost Accounting.
- Manufacturing or production industry experience is highly preferred.
- Strong knowledge of cost accounting principles and inventory management.
- Proficiency in Microsoft Excel and ERP systems.
- Excellent analytical, problem-solving, and reporting skills.
- Strong attention to detail and accuracy.
- Good communication and teamwork skills.
- Ability to work under pressure and meet deadlines.
Preferred Skills:
- Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, or Odoo.
- Knowledge of budgeting and financial analysis.
- Professional accounting certification (CMA, CPA, or equivalent) is an advantage.