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Job summary
A reputable consulting agency is seeking a Cost Accountant to develop and maintain costing models and internal controls. The role involves monitoring production costs, conducting inventory reconciliations, and supporting material forecasting. Candidates should have strong analytical skills and experience in cost management. This position is essential for optimizing the overall production cost strategy within the company.
Responsibilities
- Develop, maintain, and update standard costing for all products.
- Monitor and analyze production costs, including variances and efficiency trends.
- Perform inventory reconciliations between physical stock and ERP balances.
- Coordinate physical stock counts, cycle counts, and year-end audits.
- Develop costing models and analytical tools for management.
- Support forecasting of material requirements and cost assessments.
- Document internal controls related to production reporting.
Our client is currently hiring for the position of Cost Accountant
- Develop, maintain, and periodically update standard costing for all products, covering raw materials, packaging, labor, utilities, and manufacturing overheads.
- Monitor and analyze production costs, including variances, yields, wastage, extraction ratios, and efficiency trends.
- Perform regular inventory reconciliations between physical stock, production records, and ERP balances.
- Coordinate and participate in physical stock counts, cycle counts, and year-end inventory audits.
- Develop and maintain costing models, dashboards, and analytical tools for management review and decision-making.
- Support forecasting of material requirements and assessing cost and margin implications of volume and mix changes.
- Strengthen and document internal controls related to production reporting, inventory movements, and cost allocation.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.