Job Description
We are currently seeking a skilled Cost Accountant to join our team. As a key member of our financial department, you will play a crucial role in analyzing and interpreting financial data to inform cost control and optimization strategies.
Responsibilities:
* Financial Analysis: Prepare and maintain accurate cost records, including cost of goods sold, inventory valuation, and overhead allocation.
* Process Monitoring: Monitor manufacturing processes to ensure compliance with cost standards and identify areas for efficiency gains.
* Cost Variance Analysis: Conduct regular cost variance analyses and provide recommendations for corrective actions.
* Budgeting and Forecasting: Assist in the development of annual budgets and forecasts, focusing on cost drivers and potential risks.
* Financial Reporting: Support month-end and year-end closing activities, including reconciliations and financial reporting.
* Regulatory Compliance: Stay abreast of changes in accounting standards and regulations related to cost accounting practices.
* Stakeholder Communication: Communicate complex financial information effectively to non-financial stakeholders.
* Audit Support: Participate in internal and external audits, providing documentation and explanations for cost-related matters.
Qualifications and Experience:
* Education: Bachelor's degree in accounting, finance, economics, or related field.
* Professional Qualifications: Professional accounting qualifications such as ACCA (Association of Chartered Certified Accountants), CIMA (Chartered Institute of Management Accountants), or ACA (Associate Chartered Accountant).
* Experience: 3+ years of experience.
* Technical Skills: Experience with accounting software and ERP systems, knowledge of GAAP (Generally Accepted Accounting Principles).