Plan study and collect cost data related to raw materials inventory and labor at SKU level
Analyze collected data and record findings
Assess the cost impact of changes in product design raw materials manufacturing methods or services and determine product-level margins
Analyze actual manufacturing costs and prepare standard versus actual cost reports
Record and maintain cost information to support expenditure control
Conduct cost audits and prepare related reports
Develop cost estimates for new and proposed products
Provide management with profitability and pricing analysis reports
Maintain and enhance the Cost Accounting System
Support month-end General Ledger closing activities
Conduct physical inventory counts and monitor cycle count programs
Reconcile finished goods inventory balances
Perform valuation of Work-in-Progress (WIP) and Finished Goods (FG) inventories
Reconcile Cost of Goods Sold (COGS) for reporting internal audits and external audits while identifying process improvement opportunities
Manage fixed asset accounting in compliance with IGAAP requirements
Support other finance functions as required
Reconcile CAPEX spending against budgets and forecasts and track payback periods and margin improvements for NPD and VAVE projects
Requirements
- Relevant experience in Cost Accounting within a manufacturing environment
- Bachelors Degree in Accounting Finance or CWA qualification
- Strong background in cost systems and excellent analytical skills
- Sound understanding of accounting principles
- Advanced Excel skills and proficiency in Outlook and Word
- Experience partnering with engineering and manufacturing teams on cost standard development and analysis
- Ability to prepare accurate daily weekly monthly quarterly and annual reports
- Strong communication and stakeholder management skills for cross-functional collaboration and follow-up activities
Required Experience:
Manager
Key ResponsibilitiesPlan study and collect cost data related to raw materials inventory and labor at SKU levelAnalyze collected data and record findingsAssess the cost impact of changes in product design raw materials manufacturing methods or services and determine product-level marginsAnalyze actua...
Key Responsibilities
Plan study and collect cost data related to raw materials inventory and labor at SKU level
Analyze collected data and record findings
Assess the cost impact of changes in product design raw materials manufacturing methods or services and determine product-level margins
Analyze actual manufacturing costs and prepare standard versus actual cost reports
Record and maintain cost information to support expenditure control
Conduct cost audits and prepare related reports
Develop cost estimates for new and proposed products
Provide management with profitability and pricing analysis reports
Maintain and enhance the Cost Accounting System
Support month-end General Ledger closing activities
Conduct physical inventory counts and monitor cycle count programs
Reconcile finished goods inventory balances
Perform valuation of Work-in-Progress (WIP) and Finished Goods (FG) inventories
Reconcile Cost of Goods Sold (COGS) for reporting internal audits and external audits while identifying process improvement opportunities
Manage fixed asset accounting in compliance with IGAAP requirements
Support other finance functions as required
Reconcile CAPEX spending against budgets and forecasts and track payback periods and margin improvements for NPD and VAVE projects
Requirements
- Relevant experience in Cost Accounting within a manufacturing environment
- Bachelors Degree in Accounting Finance or CWA qualification
- Strong background in cost systems and excellent analytical skills
- Sound understanding of accounting principles
- Advanced Excel skills and proficiency in Outlook and Word
- Experience partnering with engineering and manufacturing teams on cost standard development and analysis
- Ability to prepare accurate daily weekly monthly quarterly and annual reports
- Strong communication and stakeholder management skills for cross-functional collaboration and follow-up activities