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Job Description

• Analyze manufacturing costs and prepare regular cost reports to support management decision-making.
• Monitor and review inventory transactions, ensuring accurate valuation and reconciliation with financial records.
• Develop and maintain cost accounting systems, processes, and controls to ensure data integrity and compliance.
• Collaborate with production, procurement, and engineering teams to identify cost-saving opportunities and process improvements.
• Prepare detailed variance analyses, investigating discrepancies between actual and standard costs.
• Assist in the preparation of budgets and forecasts, providing insights on cost drivers and trends.
• Support month-end and year-end closing activities, including journal entries and account reconciliations related to cost accounting.
• Ensure compliance with internal policies and external regulations related to cost accounting and financial reporting.
• Participate in internal and external audits, providing necessary documentation and explanations regarding cost accounting matters.
• Continuously evaluate and enhance cost accounting procedures to improve efficiency and accuracy.

Job Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• 3 to 7 years of experience in cost accounting, preferably within a manufacturing or engineering environment.
• Strong understanding of cost accounting principles, inventory management, and standard costing.
• Proficiency in accounting software and ERP systems.
• Excellent analytical and problem-solving skills with a keen attention to detail.
• Ability to work independently and collaboratively within cross-functional teams.
• Strong organizational and time management skills to handle multiple priorities.
• Effective communication skills, both written and verbal.
• Demonstrated ability to identify process improvements and implement best practices.
• Commitment to maintaining confidentiality and integrity of financial information.