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Job Description

• Collecting and analyzing data on the operational costs of the company, such as labor, materials, overhead, shipping, etc.
• Developing and maintaining cost accounting systems and procedures that comply with accounting standards and regulations
• Setting and updating standard costs of products or services based on market research and cost analysis
• Performing cost-volume-profit (CVP) analysis to determine the break-even point, margin of safety, and target profit of the company
• Preparing and presenting budgeting reports for the company and each department, showing the actual and projected revenues and expenses, variances, and trends
• Assisting in the preparation and review of financial statements, audits, and tax filings
• Identifying and recommending ways to reduce costs and increase profitability, such as improving efficiency, quality, or customer satisfaction
• Supporting other accountants and financial staff with invoicing, capital expenditure, inventory valuation, and account reconciliation

Job Requirements

• A bachelor’s degree in accounting, finance, or a related field
• A professional certification, such as the Certified Management Accountant (CMA) or the Certified Cost Accountant (CCA)
• At least 7 years of proven work experience as a cost accountant, cost analyst, accountant, or similar role
• Thorough knowledge of accounting procedures and standards, especially cost accounting and budgeting.
• In-depth understanding of Generally Accepted Accounting Principles (GAAP)
• Experience with accounting software, such as FreshBooks, Zoho, QuickBooks, or Sage
• Proficiency in spreadsheet applications, such as Excel or Google Sheets, and data analysis tools, such as ODBC
• Excellent analytical, mathematical, problem-solving, and communication skills
• Ability to prepare and present budgeting reports, cost forecasts, and audit findings.
• Ability to identify and recommend cost-effective solutions and optimize profitability.
• Ability to work independently and collaboratively, under pressure and within deadlines.
• High level of integrity, ethics, and confidentiality