Business Line:
Location:
Reporting Line:
Key Accountabilities:
- Plan, coordinate, and oversee the daily operations of the cost accounting team, ensuring timely and accurate execution of tasks.
- Review and validate order quotations to ensure they reflect accurate cost components and meet required profitability margins.
- Monitor and control actual versus planned costs per order; investigate variances and ensure corrective actions are taken.
- Supervise the accumulation and allocation of overhead costs by generally accepted accounting principles (GAAP).
- Support the Costing Manager in preparing annual budgets and periodic forecasts, ensuring consistency with operational plans.
- Provide technical accounting support to cost accountants, ensuring accuracy and adherence to costing methodologies.
- Oversee inventory control across all warehouses, supervise annual physical counts, and report any variances or losses.
- Prepare detailed cost estimates and identify cost-saving opportunities to optimize budget utilization and increase efficiency.
- Participate in the month-end closing process by validating cost entries and ensuring alignment with accounting standards.
- Assist in developing and updating cost structures and models tailored to each product line to support pricing and profitability decisions.
- Generate regular cost control reports including key performance indicators (KPIs) to support senior management in monitoring and decision-making.
Qualifications & Education:
- Bachelor's degree in Finance, Accounting, or Economics.
- 57 years of experience in cost accounting, with at least 2 years in a supervisory or leadership capacity.
- Experience in a manufacturing or production environment (preferred).
- Experience in ERP systems (SAP, Oracle) related to costing and inventory modules
- Strong analytical and problem-solving skills.
- Proficiency in financial modeling and analysis tools
- Excellent communication and presentation skills.
