
Senior Cost Accountant
5 days ago
Job Overview:
Costing Professional- Develop and maintain comprehensive cost management systems, ensuring accurate allocation of costs for materials, labor, and overheads.
- Prepare detailed budget forecasts, ensuring alignment with financial goals and strategic objectives.
- Collaborate with key departments to provide timely inputs for regular cost updates and forecasting.
- Monitor expenditure against budgeted figures and implement corrective actions as necessary.
- Generate regular and detailed costing reports, including variance analysis and insights on cost trends.
- Present findings to senior management, highlighting key cost drivers and offering actionable recommendations for improvement.
- Ensure accurate inventory valuation using appropriate costing methods.
- Implement robust processes to minimize inventory obsolescence and improve inventory turnover.
- Ensure adherence to accounting standards and internal controls related to costing and inventory.
- Provide accurate and comprehensive costing and inventory data for internal and external audits.
- Continuously assess costing methods and accounting processes to identify and implement improvements for enhanced efficiency and accuracy.
- Develop and integrate new systems or tools for better cost tracking, data analysis, and reporting.
Requirements:
- ICWA certification is required.
- Minimum 8-10 years of experience in cost accounting, costing management, or financial analysis in a manufacturing or production environment.
- Proven expertise in managing costing systems, preparing budgets, performing variance analysis, and generating detailed cost reports.
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