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Job Description
- Prepare, analyze, and report on cost accounting data to support business decision-making.
- Develop and maintain standard costing systems and ensure accurate allocation of costs to products and projects.
- Monitor and review inventory transactions, ensuring compliance with internal controls and accounting standards.
- Conduct variance analysis between actual and standard costs, investigating discrepancies and recommending corrective actions.
- Collaborate with manufacturing, procurement, and finance teams to optimize cost structures and improve profitability.
- Assist in the preparation of budgets, forecasts, and financial plans related to cost management.
- Support internal and external audits by providing detailed cost information and documentation.
- Continuously review and enhance costing processes to drive efficiency and accuracy.
- Prepare monthly, quarterly, and annual cost reports for management review.
- Ensure adherence to company policies, industry regulations, and best practices in cost accounting.
Job Requirements
- Bachelor’s degree in Accounting, Finance, or a related field.
- 3-5 years of experience in cost accounting, preferably in a manufacturing or industrial environment.
- Strong understanding of cost accounting principles, practices, and standards.
- Proficiency in ERP systems and advanced Excel skills.
- Excellent analytical and problem-solving abilities.
- Strong attention to detail and organizational skills.
- Ability to work independently and collaboratively within cross-functional teams.
- Effective communication and interpersonal skills.
- Demonstrated ability to manage multiple priorities and meet deadlines.
- Commitment to maintaining confidentiality and integrity of financial information.
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