Cost Accountant, S$6K, 6-month, CBD

Manpower Staffing Services (S) Pte Ltd - Head Office; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A recruitment agency is seeking a Cost Accountant in Singapore. The role involves analyzing R&D material movements and ensuring compliance with accounting standards. Candidates must hold a relevant degree and have proven experience in a similar role, along with skills in ERP systems and Microsoft Excel. This is a 6-month contract position with a monthly salary of S$6K, based in Kallang.

Qualifications

• Proven experience as a Cost Accountant or in a similar role.
• Knowledge of Generally Accepted Accounting Principles (GAAP).
• Ability to work independently and as part of a team.

Responsibilities

• Analyse R&D / PreProduction material movement for correct expense charge.
• Perform R&D / PreProduction item costing and cost roll up in ERP.
• Ensure compliance with accounting standards and company policies.
• Identify and recommend opportunities for cost reduction and process efficiency.

Skills

Analytical skills

Problem-solving skills

Communication skills

Interpersonal skills

Attention to detail

Proficiency in Microsoft Excel

Education

Bachelor degree in Accounting, Finance, or a related field

CPA or CMA certification

Tools

ERP systems (e.g., SAP, Oracle, NetSuite)

Job description

Cost Analysis and Reporting

• Analyse R&D / PreProduction material movement for correct expense charge and consumption

• Collaborate cross-functionally with various business partners to resolve material receiving, PO charging or aged goods received not invoiced issues

• Perform R&D / PreProduction item costing and cost roll up in ERP

• Support transition from R&D / PreProduction phase to Production Phase costing activities, including item cost, work definition roll up and revaluation impact analysis

• Perform regular reconciliations to ensure the accurate valuation of Production costing activities

• Develop and maintain cost accounting systems, including R&D / PreProduction costing and expense reporting

• Perform New Product Introduction (NPI) standard costing functions in the ERP

• Collaborate cross-functionally with various business partners to resolve inventory standard costing issues related to missing or incorrect cost definition setup

• Provide standard cost revaluation impact analysis for Engineering Change Orders (ECOs)

• Analyze Work in Process (WIP) and make adjustments as needed

• Perform monthly review of intercompany trade accounts

• Perform monthly and quarterly financial closing activities including journal entries and reconciliations in relation to costing (including and not limited to R&D PreProd expenses & inventories, production costing and perpetual inventories, R&D used tax, sales giveaways, E&O, warranty, deferred COGS)

Inventory Management

• Manage and reconcile R&D / PreProduction material records with physical counts.

• Assist in reconciliation perpetual inventory records with physical counts

Financial Support

• Ensure compliance with accounting standards and company policies

• Explain monthly balance sheet fluctuations to ensure compliance with US GAAP and company policies

Process Improvement

• Identify and recommend opportunities for cost reduction and process efficiency

• Collaborate with various departments to ensure accurate and timely data collection

Job Requirement

• Bachelor degree in Accounting, Finance, or a related field. CPA or CMA certification

• Proven experience as a Cost Accountant or in a similar role

• Knowledge of Generally Accepted Accounting Principles (GAAP)

• Experience with ERP systems (e.g., SAP, Oracle, NetSuite) is highly desirable

• Analytical and problem-solving skills

• Proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUP)

• Communication and interpersonal skills

• Ability to work independently and as part of a team

• Prolonged periods of sitting at a desk and working on a computer

• Ability to work under pressure and meet deadlines

• Must be able to maintain a high level of accuracy and attention to detail

Additional Information

• Salary – S$6K per month

• Contract duration: 6-month contract

• Commencement Date: Dec 2025 to Jul 2026

• Working days and hours: Mon to Friday, 9am to 6pm

• Location: Kallang