Junior Accountant (Costing & Financial Management)

Odessa Oils Pty Ltd; Melbourne; On-site; AUD 70,000 - 110,000; Full time

Job summary

Odessa Oils Pty Ltd in Melbourne is seeking a Junior Accountant with strong costing skills to join our growing food oils business. You will own product costing, margin analysis, budgeting, cash flow and internal controls, partnering with the director and operations.

This role provides broad exposure across finance functions, including standard costing, inventory valuation and insightful commentary to support decision-making.

Qualifications

• 3+ years of accounting experience, ideally in a manufacturing or food production environment.
• Solid understanding of costing, including standard costing and inventory valuation.
• Working knowledge of GST, BAS and month-end processes.
• A degree in accounting or finance is required, preferably with a CPA or CA qualification.
• Experience with an accounting or ERP system.
• Good attention to detail and accuracy.
• Commercial mindset and the initiative to work with minimal supervision.
• Clear communication skills, with confidence presenting numbers to director and working with people across the business.
• Ability to guide and review the work of AR and AP team members.

Responsibilities

• Own product costing for our edible oil range, including raw oil, packaging, labour, freight and overheads, and keep costs current as supplier and freight prices change.
• Maintain standard costs and analyse variances, including yield and wastage, and report on what is driving them.
• Analyse pricing and margins by product, customer and channel, and advise management on profitability.
• Prepare monthly management accounts, including P&L, balance sheet and KPI reporting, with clear commentary for the director.
• Lead month-end and year-end close, including journals, accruals and reconciliations.
• Oversee inventory accounting, including stock valuation, stocktakes and cycle counts.
• Review and supervise the work of AR and AP staff, including approving payment runs and following up overdue debtors.
• Monitor cash flow and prepare cash flow forecasts, and work with the bank and finance providers as required.
• Prepare budgets and forecasts, and track actual performance against them.
• Develop and improve financial controls, policies, approval processes and finance systems.

Skills

Costing

Financial analysis

Budgeting

Cash flow management

Communication

Education

Bachelor's degree in accounting or finance

CPA or CA qualification

Tools

ERP system

Job description

Junior Accountant (Costing & Financial Management)

We are looking for a Junior Accountant with strong costing skills to join Odessa Oils. Our accounts receivable and accounts payable staff handle day-to-day invoicing, payments and collections. You will sit above that work: owning product costing, margin analysis, reporting, budgeting, cash flow and financial controls, and making sure the numbers are accurate and useful for decision-making. You will work closely with the director, operations, purchasing, warehouse and sales, and you will be expected to bring insights, not just numbers. This is a great opportunity for someone with manufacturing finance experience who wants to step into a broad, high-exposure finance role.

Key responsibilities

Own product costing for our edible oil range, including raw oil, packaging, labour, freight and overheads, and keep costs current as supplier and freight prices change

Maintain standard costs and analyse variances, including yield and wastage, and report on what is driving them

Analyse pricing and margins by product, customer and channel, and advise management on profitability

Prepare monthly management accounts, including P&L, balance sheet and KPI reporting, with clear commentary for the director

Lead month-end and year-end close, including journals, accruals, prepayments and account reconciliations

Oversee inventory accounting, including stock valuation, stocktakes, cycle counts and reconciliation of raw materials, packaging and finished goods

Review and supervise the work of the accounts receivable and accounts payable staff, including approving payment runs, checking reconciliations and following up overdue debtors

Monitor cash flow and prepare cash flow forecasts, and work with the bank and finance providers as required

Prepare budgets and forecasts, and track actual performance against them

Develop and improve financial controls, policies, approval processes and finance systems

About you

3+ years of accounting experience, ideally in a manufacturing or food production environment

Solid understanding of costing, including standard costing and inventory valuation

Working knowledge of GST, BAS and month-end processes

A degree in accounting or finance is required, preferably with a CPA or CA qualification

Experience with an accounting or ERP system

Good attention to detail and accuracy

Commercial mindset and the initiative to work with minimal supervision

Clear communication skills, with confidence presenting numbers to director and working with people across the business

Ability to guide and review the work of AR and AP team members

About us

Odessa Oils is a supplier of edible oils. We are a growing food supply business, and our finance team plays a key role in understanding product costs and keeping the business profitable.

Attractive remuneration

A hands-on role with direct exposure to the director and a clear path to career progression towards a potential CFO position