Cost & Management Accountant

JL GROUP ENGINEERING PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

JL Group Engineering Pte. Ltd. is seeking a detail-oriented Cost & Management Accountant to oversee cost accounting, budgeting, financial analysis, and management reporting.

The role supports business planning, operational efficiency, and decision-making with accurate financial insights. You will monitor production costs, prepare cost reports, manage budgeting processes, and develop KPI dashboards to drive cost efficiency.

Qualifications

• Bachelor's degree in accounting/finance or related field.
• Professional qualifications such as ACCA/CIMA/CPA are advantageous.
• At least 2 years in cost or management accounting or financial analysis.
• Experience in manufacturing, trading or related industry preferred.

Responsibilities

• Cost accounting, analysis, and cost reports with variances versus budget.
• Budgeting, forecasts, and business planning support.
• Management reporting, profitability analysis by unit/project.
• Inventory valuation, stock movements, and internal controls.
• Collaboration with operations, procurement, and production for cost efficiency.

Skills

Analytical thinking

Cost accounting

Budgeting

Financial analysis

Communication

Education

Bachelor's degree in Accounting/Finance

ACCA/CIMA/CPA (advantage)

Tools

Excel

ERP systems

Job description

Job Summary

We are seeking a detail-oriented and analytical Cost & Management Accountant to oversee cost accounting, management reporting, budgeting, financial analysis, and cost control activities. The successful candidate will provide accurate financial information and actionable insights to support business planning, operational efficiency, and management decision-making.

Key Responsibilities

1. Cost Accounting & Analysis

• Monitor and analyse production costs, operating expenses, material costs, labour costs,and overheads.
• Prepare cost reports and analyse cost variances against budgets and standards.
• Maintain accurate cost accounting records and ensure proper cost allocation
• Review product costing, inventory valuation, and cost of goods sold.
• Identify opportunities for cost reduction and process improvement.

2.Budgeting & Forecasting

• Assist in preparing annual budgets, financial forecasts, and business plans
• Monitor actual performance against budget and investigate significant variances.
• Work with relevant departments to improve budgetary control and resource utilization.

3.Management Reporting

• Prepare monthly management accounts, cost reports, and financial performance analyses.
• Analyse profitability by product, business unit, customer, or project, where applicable.
• Provide financial insights and recommendations to management.
• Support month-end and year-end closing activities.

4.Inventory & Internal Controls

• Monitor inventory movements, stock balances, and inventory valuation.
• Coordinate periodic stock counts and investigate discrepancies.
• Review costing procedures and internal controls to ensure accuracy and compliance.
• Assist with internal and external audits as required.

5.Financial Planning & Business Support

• Analyse financial and operational data to support management decisions.
• Develop and maintain cost reports, KPIs, and performance dashboards.
• Collaborate with operations, procurement, production, and other departments to improve cost efficiency.
• Perform other finance-related duties assigned by management.

Requirements:

• Bachelor's Degree in Accounting, Finance, Cost Accounting, or a related field.
• Professional accounting qualifications such as ACCA, CIMA, CPA, or equivalent are an advantage.
• At least 2 years of relevant experience in cost accounting, management accounting,or financial analysis
• Experience in manufacturing, trading, or a related industry is preferred.
• Good knowledge of cost accounting, budgeting, inventory valuation, and financial reporting.
• Proficient in Microsoft Excel and accounting software or ERP systems.
• Strong analytical, numerical, and problem-solving skills.
• Good communication and interpersonal skills.
• Able to work independently, meet deadlines, and maintain a high level of accuracy.