Cost Accountant
1 week ago
We are seeking an experienced Finance professional with a strong background in cost accounting and a proven track record of success in a multi-channel sales environment.
Job Summary:The successful candidate will be responsible for assisting in the preparation and execution of month-end closing procedures for the cost module, ensuring all cost-related transactions are accurately recorded and posted within the closing period.
Key Responsibilities:- Assist in the preparation and execution of month-end closing procedures for the cost module.
- Ensure all cost-related transactions are accurately recorded and posted within the closing period.
- Collaborate with production and purchasing departments to gather necessary information for the month-end close.
- Communicate any discrepancies or issues identified during the closing process to relevant teams for resolution.
- Maintain comprehensive documentation of all month-end closing activities and cost-related transactions.
- Oversee the cost of inventory and production activities.
- Assist in annual physical inventory count and external auditors' liaison and coordination.
- Conduct regular inventory reconciliations and variance analysis.
- Manage and update product costing in SAP ensuring alignment with actual costs.
- Maintain and update cost accounting systems and processes within SAP.
- Perform detailed cost analysis and provide cost estimates for various projects.
- Maintain and update standard cost models for products.
- Support internal and external audits by providing necessary documentation and explanations related to cost accounting.
- Bachelor's Degree in Accounting, Finance, or a related field is required with 2+ years of experience as a cost accountant.
- Sound knowledge of GAAP/IFRS along with other accounting and cost control principles.
- Strong communication (written and verbal) skills along with an analytical/technical mindset.
- Ability to handle and prioritize multiple tasks while maintaining focus and attention to detail and properly handling confidential financial information.
- SAP CO Module Experience is a Must (SAP NetWeaver).
- Additional relevant SAP modules (FI, MM and PP) are a plus.
- Strong knowledge of cost accounting principles and practices.
- Experience with account reconciliation and variance analysis.
- Ensures thoroughness in all tasks and projects.
- Able to interpret and analyze data effectively.
- Actively seeks opportunities to improve processes and outcomes.
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