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Costs & Inventory Specialist

Job Description - Costs & Inventory Specialist

Description

Key Accountabilities



  • Establishment of the product’s standard cost with updated BOM and Resource cost.

  • Ensure correct cost of Inventory (RM, FG, WIP & MRO) and Inventory control.

  • Proper registration of production and warehouse transactions in booking records.

  • Update and control of Material Price with Material consumption %.

  • Segregation and preparation of COST based on Process, Product and Customer (PPC).

  • Support to preparation for Budget, Quarterly Forecast, Monthly Forecast and long-term plan.

  • Analysis of each department cost, Transformation cost and present to each

  • Department and management.

  • Preparation for Financial statement.


Required Academic and Experience


CA/CMA with 3-7 years Specialized experience in Cost accounting (standard costing, absorption costing). 


        Technical Skills: 



  • Knowledge of Accounting.

  • Chart of Accounts.

  • Process costing.

  • Variance analysis & Inventory management.

  • Budgeting & forecasting.

  • Preparation of financial statement. 

  • Good amount of working knowledge in MS office.



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