Key Responsibilities:
Establishment of Standard Costs
- Standard costs must be established for all production specifications before the monthly/annual cost closing.
- Standard costs are revised annually (to be completed by the end of January) and must be set up every month for new specifications.
- To establish accurate standard costs, the person must fully understand the cost structure, unit prices, and man hours (M/H).
Inventory Asset and Material Cost Management
- The Production Management team is responsible for generating monthly material receipt/issue/balance reports in the system to manage both quantity and value.
- The Costing team verifies the accuracy of these material receipt/issue reports and ensures that book inventory matches physical inventory.
- Material costs consumed each month are recorded and reflected in cost calculations.
- Monthly analysis and reporting of inventory fluctuations and material cost variances are required.
Experience:
- Minimum of 4 years of progressive experience, with strong knowledge of accounting and cost.
- Prior Big Four audit or advisory experience preferred
- Proficiency in ERP systems (SAP, CANIAS, Oracle, etc.), and advanced Excel
Qualifications:
- Bachelor's degree in accounting or finance.
- Professional qualifications (SOCPA, CPA, ACA, ACCA, or equivalent) is preferred.
