Job Openings Cost Accountant

About the job Cost Accountant

The Cost Accountant is responsible for performing complex accounting activities in alignment with accounting principles, standards, and regulatory requirements. This role ensures the accuracy of financial records, manages cost-related accounting tasks, and provides analytical reports to support effective decision-making by senior management.

Key Responsibilities
Cost Accounting & Financial Control
  • Perform complex accounting activities to ensure compliance with accounting standards, regulations, and company policies.
  • Set up, calculate, and maintain accurate product cost structures and cost models.
  • Conduct cost variance analysis, cost of goods sold (COGS) review, and monitor cost trends to support budgeting and forecasting.
Financial Reporting & Analysis
  • Prepare and analyze financial reports, including cost analysis reports, monthly cost of quality, and profitability reports.
  • Check and analyze financial data to support management with timely and accurate information for financial decisions.
  • Reconcile accounts and verify the accuracy of journal entries to ensure completeness and correctness of financial records.
Inventory Control
  • Lead and support inventory counting processes (cycle count and full physical count).
  • Monitor and control inventory transactions, adjustments, and discrepancies.
  • Ensure inventory valuation accuracy and adherence to inventory accounting standards.
Compliance & Process Improvement
  • Ensure all accounting practices comply with relevant laws, regulations, and internal procedures.
  • Identify opportunities to improve cost accounting processes and enhance financial accuracy and efficiency.
  • Collaborate with cross-functional teams (production, supply chain, finance) to ensure data integrity and cost transparency.
Qualifications
  • Bachelors degree in Accounting, Finance, or related field.
  • Proven experience in cost accounting, financial analysis, or manufacturing accounting.
  • Strong knowledge of cost setup, cost calculation, and inventory control.
  • Proficient in ERP systems and advanced MS Excel skills.
  • Strong analytical skills, attention to detail, and ability to work with complex data sets.
  • Good understanding of accounting standards and regulatory compliance.

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