Cost Accountant
4 weeks ago
Responsibilities:
• Execute the standard cost update process, coordinating with various functions such as procurement and site manufacturing teams.
• Set up new raw materials, packaging, WIP, and Finished goods items, collecting cost information and maintaining an expenses database.
• Analyze actual manufacturing costs and report variances from standard costs.
• Act as the primary liaison with global site controllers, IT, and Financial Systems and Process Owner Director to resolve technical issues.
• Conduct monthly financial close activities, including account reconciliations, product costing, and inventory valuation journal entries.
• Recommend new procedures or methodologies within the costing processes to enhance transparency and accuracy.
• Conduct independent research to identify and recommend cost-effective solutions.
• Support external and internal audits and understand general accounting principles (GAAP) and how they apply to the company.
• Involve in other ad-hoc analysis or projects as required.• Possess a minimum of 5 years of relevant experience in Cost Accounting or similar roles.
• Hold proficiency in Accounting Functions.
• Have extensive knowledge and experience in using SAP and SAP PowerBuilder.
• Have experience in Manufacturing Cost Accounting.
• Exhibit strong analytical skills for financial analysis and reporting.
• Have experience in handling Annual Standard Cost, Product Costing, Inventory Valuation, and Month End Close.
• Possess a solid understanding of Manufacturing processes and operations.
• Have excellent communication skills, both verbal and written.
• Demonstrate problem-solving skills, attention to detail, and the ability to handle multiple tasks simultaneously.
• Hold a Bachelor's degree in Accounting, Finance, or a related field.
• Professional accounting certification, such as CPA or CMA, would be a plus.
• Must have the legal right to work in the country of employment.
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