Senior Cost Accountant: Drive Margin & Cost Optimization

Ichor Systems, Inc.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Benefits offered by this job

AWS

Quarterly bonus

Employee stock purchase plan

Medical benefits

Dental benefits

Optical benefits

Shift allowance

Job summary

Ichor Systems, Inc. invites applications for a Cost Accountant to support periodic cost accounting close, variances analysis, and financial reporting. The role collaborates with cross-functional teams on inventory standard costs and cost roll processes.

Responsibilities include forecasting, budgeting support, KPI monitoring, and driving continuous improvement in cost efficiency across manufacturing and supply chain. Strong Excel and Oracle ERP proficiency required.

Qualifications

• Recognized degree, ACCA graduate or other equivalent professional accounting qualification.
• 5 years of cost accounting experience in a manufacturing or supply chain environment.
• Strong cost accounting knowledge and analytical skills.
• Independent, mature, self-motivated and possess ‘can-do’ attitude.
• Advanced proficiency in Microsoft Excel, data analysis tools and ERP systems (Oracle).
• Excellent communication and interpersonal skills, with ability to collaborate across departments.
• High attention to detail, organizational skills, and problem-solving abilities.

Responsibilities

• Responsible for periodic cost accounting close, variances analysis and financial reporting.
• Support inventory standard cost calculation, cost simulation and annual cost roll etc.
• Support and drive inventory management including quarterly E&O review, annual physical counts and daily cycle counts activities.
• Collaborate with cross-functional teams to analyze cost variances, product margin and drive continuous improvement initiatives to reduce production cost and improve operational efficiency and product margin
• Prepare and review weekly sales and gross margin analysis, inventory report, manufacturing costs analysis, work order variances and dashboard to business units.
• Review, analyse and follow up with operations teams to resolve work order variances.
• Monitor and evaluate KPIs to assess effectiveness of cost management strategies.
• Support global team to develop and implement effective costing methodologies and processes to enhance accuracy and efficiency.
• Support budgeting and financial planning activities by providing cost-related insights.
• Work with business units on resources and capacity planning.
• Participate in quarterly business review, perform cost variances analysis against forecast.
• Provide detailed cost reports and forecasts, identify trends and propose strategies to minimize variances.
• Maintain strong internal controls and compliance with SOX regulations.
• Assist with US GAAP, SOX, tax and statutory audits.
• Drive continuous improvement initiatives to improve operational efficiency and eliminate non-value added activities.
• Partner with IT to resolve and enhance cost accounting system functionalities related to supply chain, manufacturing, engineering and etc.

Skills

Cost accounting

Analytical skills

Communication skills

Self-motivated

Education

ACCA or equivalent

Recognized degree

Tools

Microsoft Excel

Oracle ERP

Job description

Ichor Systems, Inc. invites applications for a Cost Accountant to support periodic cost accounting close, variances analysis, and financial reporting. The role collaborates with cross-functional teams on inventory standard costs and cost roll processes.

Responsibilities include forecasting, budgeting support, KPI monitoring, and driving continuous improvement in cost efficiency across manufacturing and supply chain. Strong Excel and Oracle ERP proficiency required.