Cost Accountant
2 weeks ago
Responsibilities:
• Analyze and report on inventory adjustments, contributing to the development of comprehensive inventory analysis reports
• Conduct tests on labor and other costing standards, ensuring accurate and efficient costing practices
• Collaborate with production teams to address and resolve daily variances, processing and finalizing daily production work orders
• Oversee the verification and analysis of standard costs, including Bills of Materials
• Evaluate changes in product design, raw materials, and manufacturing methods to assess their impacts
• Prepare periodic reports comparing standard costs to actual production costs, providing valuable insights into manufacturing expenses
• Update costs in the master inventory system, ensuring accurate and up-to-date pricing data
• Create formula codes for all products/recipes, contributing to accurate costing and pricing
• Present issues regarding production costs vs sell price to the business, assisting in strategic decision-making
• Balance sales margin vs production variances, ensuring optimal profitability
• Inform management of negative sales margin codes and new codes to determine pricing, aiding in effective pricing strategies
• Conduct Yield Testing for new product codes and updating existing ones, ensuring accurate and efficient product costing.• Applicant must hold a minimum of 2 years of experience in a Cost Accounting role.
• Proficiency in Cost Accounting is a mandatory requirement.
• Mastery in Standard Cost Accounting is necessary for the role.
• Experience in Inventory Analysis is a key requirement.
• The candidate should possess strong skills in Financial Analysis.
• Knowledge and hands-on experience with the General Ledger is essential.
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Cost Manager
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