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Job Description
Accountant – Cost & Inventory
(Agriculture / Farming Sector)
- The Cost & Inventory Accountant is responsible for managing and analyzing all cost-related activities within the farming and agriculture operations.
- This role ensures accurate tracking of inventory, proper allocation of costs, and preparation of cost reports to support management decisions.
- The position plays a key role in monitoring farm inputs, crop production costs, and inventory movement to maintain financial accuracy and operational efficiency.
Key Responsibilities:
Cost Accounting
- Track and record all production costs.
- Analyze daily production activities and ensure accurate cost allocation.
- Prepare standard cost calculations and update them regularly based on market price changes.
- Identify cost variances and provide explanations to management.
- Support budgeting and forecasting related to production and farm operations.
Inventory Management
- Monitor raw materials and finished goods inventory.
- Ensure accurate and timely posting of inventory transactions in the ERP system.
- Conduct regular physical inventory counts and reconcile any discrepancies.
- Maintain stock control procedures to prevent losses, waste, and errors.
- Track inventory aging, expiration, and waste (especially perishable agricultural items).
Reporting & Analysis
- Prepare weekly, monthly, and quarterly cost and inventory reports.
- Develop cost analysis tools to support decision-making.
- Provide insights on cost-saving opportunities in farming operations.
- Support internal and external audits with all required documents.
Compliance & Process Control
- Ensure compliance with internal policies and accounting standards.
- Maintain accurate documentation and support the finance team with closing activities.
- Coordinate with procurement, production, and warehouse teams to ensure seamless data flow.
Job Requirements
- Bachelor’s degree in accounting, Finance, or a related field.
- 3–7 years of experience in cost accounting and inventory management.
- Experience in the agriculture, farming, or food production sector is highly preferred.
- Strong knowledge of ERP systems (SAP, Oracle, Odoo, etc.).
- Excellent analytical and numerical skills.
- Knowledge of agricultural inputs, crop cycles, and production processes is a plus.
- Proficiency in MS Excel (Pivot Tables, VLOOKUP, Reporting).
- High attention to detail and accuracy.
- Ability to work under pressure and meet deadlines.
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