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Description
The Cost Accounting Manager at BTECH is responsible for leading cost accounting activities and providing financial insights that support business performance and strategic decision-making. This role oversees budgeting, variance analysis, cost control, inventory management, working capital optimization, and financial reporting while partnering with cross-functional teams to enhance profitability and operational efficiency.
Responsibilities
- Lead and manage all cost accounting activities to ensure accurate cost measurement and reporting.
- Participate in the preparation of annual budgets, forecasts, and financial plans.
- Monitor actual performance against budgets and provide detailed variance analysis with actionable recommendations.
- Oversee inventory costing processes and ensure accurate valuation of inventory and cost of goods sold.
- Develop and maintain cost control systems to improve operational efficiency and profitability.
- Prepare and present financial reports, dashboards, and management presentations with clear business insights.
- Partner with Sales, Procurement, Supply Chain, and Operations teams to support pricing strategies and margin improvement initiatives.
- Monitor and optimize working capital performance across inventory, receivables, and payables.
- Improve inventory turnover and stock management practices.
- Support initiatives to reduce days sales outstanding (DSO) and improve receivables collection.
- Manage supplier payment terms and optimize days payable outstanding (DPO).
- Monitor and improve the cash conversion cycle to enhance cash flow performance.
- Ensure compliance with accounting standards, internal controls, and company policies.
- Drive process improvements, automation initiatives, and best practices within the finance function.
Qualifications & Skills
- Bachelor's degree in Accounting, Finance, or a related field.
- Strong experience in cost accounting, financial analysis, and budgeting.
- Proven expertise in variance analysis and financial performance management.
- Strong understanding of inventory management, working capital, receivables, payables, and cash flow optimization.
- Advanced proficiency in Microsoft Excel and ERP systems.
- Excellent reporting, presentation, and stakeholder management skills.
- Strong analytical, problem-solving, and financial modeling capabilities.
- Ability to work cross-functionally and influence business decisions through financial insights.
Requirements
- Bachelor’s degree in Accounting, Finance, or a related field.
- Minimum 5 years of experience in cost accounting, preferably in manufacturing or production settings.
- Strong knowledge of cost accounting principles and practices.
- Experience with ERP systems such as SAP, Oracle, or equivalent.
- Proficiency in Microsoft Excel and familiarity with reporting tools (e.g., Power BI).
- Analytical mindset with excellent problem-solving skills.
- Effective communication and leadership capabilities.
- Professional certification (CMA, CPA) is preferred.
Benefits
- Comprehensive health coverage.
- Professional development and training opportunities for advancement and career growth.
- Employee discounts.
- High performance and rewarding culture.
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