COST AND MANAGEMENT ACCOUNTANT

• Reporting to the Financial Accountant/Financial Manager
• Develop both internal (management & employees) and external relationships (suppliers, industry leaders & key stakeholders)

Key duties include:

• Cost Accounting
  • Collects and studies data to determine costs of business activity such as raw material purchases, inventory, and labour
  • Analyses the data collected and records cost information for use in controlling expenditures
  • Analyses and records any changes in methods, raw materials or services provided in order to determine what effect it has on the cost
  • Assists in the month end close of the General Ledger and in audit preparation
  • Conducts physical inventories and monitors cycle count program
  • Reconciles finished goods inventories
  • Remains acutely aware of market trends that could impact resource costs
  • Collaborates with department heads to strategize ways to minimize waste
  • Demonstrates a comprehensive understanding of the interdependency of cost drivers
  • Understands the entire arc of the business and how productivity impacts profitability
  • Conducts physical inventory spot checks to ensure consistency between accounting software and actual stock
  • Overseas monthly stock counts
  • Reports and budgets
    • Evaluates manufacturing costs and prepares regular reports comparing standard predicted costs to actual production costs
    • Provides management with reports specifying and comparing factors affecting prices and profitability of products or services
    • Makes estimates of new and proposed product costs
    • Assists in planning, developing, controlling, and forecasting the manufacturing budget
    • Assists management with building an annual manufacturing budget for the company
    • Monthly inventory reports
    • Key Vendor & Service Provider Relationships
      • Analyses invoices to ensure correct products/services were received at the expected cost
      • Assesses all incoming products, resources, and services to ensure the best price

Essentials to be considered for this role: 

• Bachelor’s degree/diploma in finance or relevant field strongly preferred
• 3-4 years’ experience as a Cost Accountant in a Manufacturing environment and Inventory Control experiencedly
• Must have a strong Cost systems background and a sound understanding of accounting principles
• Sound conceptual understanding of standard costing and absorption costing in a manufacturing environment
• Excellent Excel skills - proficient in creating formulas, drawing graphs analysing data, creating Pivot Charts, VLookup and Pastel Evolution experience a must