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Analyst - Cost Accounting
6 days ago
Responsibilities:
Cost Accounting:
▪ Ensures calculation and review of relevant accruals and reserves, such as obsolete and slow-moving
inventory, freight, and other related accruals.
▪ Perform period end close – absorption accounting, PPV capitalization, variance analysis.
▪ Manage the month-end close process, ensuring all account reconciliations are performed.
▪ Maintain / set up annual standard costing systems for plant locations.
▪ Analyze actual costs versus standard costs, identify variances, and provide explanations and
recommendations to management.
▪ Collaborate with finance teams at each plant location to ensure consistent costing practices and policies.
▪ Support internal and external audits and compliance to accounting standards.
▪ Prepare and present consolidated financial reports, including cost analysis and inventory valuation.
Process Improvement:
▪ Identify areas for process improvement in a shared services environment and develop and implement
solutions.
▪ Collaborate with cross-functional teams to streamline processes and enhance efficiency.
▪ Stay updated on industry best practices and technological advancements in cost accounting within a
shared services model.
Qualifications:
▪ Fully qualified Cost Accountant, CMA or MBA (Finance) with 5 – 10 years of relevant experience in
accounting for manufacturing locations.
▪ Proven experience as plant accountant, cost accounting and inventory management, preferably within a
shared services or multi-plant environment.
▪ Flexible to work in regional shifts i.e. Americas & EMEA Shift.
▪ Strong knowledge of cost accounting principles, inventory valuation methods, and financial analysis.
▪ Experience working with ERP systems and advanced MS Excel skills for data analysis and reporting.
▪ Excellent analytical skills with attention to detail and accuracy.
▪ Strong communication and interpersonal skills to collaborate with cross-functional teams and p
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