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Job Description
- Oversee and manage all aspects of cost accounting processes, including cost analysis, inventory valuation, and cost allocation.
- Prepare, analyze, and report monthly, quarterly, and annual cost accounting statements and reports.
- Collaborate with cross-functional teams to develop and implement cost control procedures and best practices.
- Conduct variance analysis between actual and standard costs, identifying root causes and recommending corrective actions.
- Support budgeting and forecasting activities by providing detailed cost insights and projections.
- Monitor and ensure compliance with internal controls, company policies, and relevant accounting standards.
- Lead cost reduction initiatives and continuous improvement projects to enhance operational efficiency.
- Assist in the preparation of financial audits and coordinate with external auditors as needed.
- Maintain accurate records of inventory, work-in-progress, and finished goods, ensuring proper valuation and reconciliation.
- Train and mentor junior accounting staff, fostering a culture of knowledge sharing and professional growth.
Job Requirements
- Minimum of 7 years of progressive experience in cost accounting or related financial roles.
- Proven track record in managing cost accounting functions within a fast-paced environment.
- Strong analytical skills with the ability to interpret complex financial data and provide actionable insights.
- Excellent organizational and time management abilities to handle multiple priorities and deadlines.
- Advanced proficiency in Microsoft Excel .
- Exceptional attention to detail and accuracy in financial reporting.
- Strong communication and interpersonal skills to collaborate effectively with cross-functional teams.
- Demonstrated ability to lead process improvement and cost reduction initiatives.
- Solid understanding of Generally Accepted Accounting Principles (GAAP) and relevant regulations.
- Ability to work independently and as part of a team in an open-office setting.