Cost Accountant

RESPONSIBILITIES

1.Costing Analysis:

• Oversee daily warehouse activities, including receiving, storing, and dispatching goods.


• Cost simulation of new or existing product costing.


• Perform variance analysis (material, labor, overhead) and investigate cost deviations.


• Analyze production costs and finished goods valuation.


• Support product costing, new product launches (NPI), and cost reduction initiatives.


• Monitor and analyze material and machine efficiency and yield.


• Analyze PPV and production variance.

2.Cost Reporting and Closing:

• Support month-end closing in SAP, including cost-related journals and reconciliations.


• Prepare cost center reports, paper consumption report and production order variance report, PPV report.


• Preparation of annual budget, annual new standard cost, labor hour and activity rate calculation.


• Ensure US SOX compliance with company accounting policies.

3.Inventory Controls:

• Preparation of inventory report. Monitor inventory movements, slow-moving and obsolete stock provisions.


• Participate in physical inventory counts, cycle counts, and audits.


• Maintain strong internal controls over costing and inventory processes.


• Support external and internal audits.

4.Business Partnering:

• Work closely with Production, Engineering, Supply Chain, and Procurement teams.


• Provide financial insights to support cost reduction, make-or-buy, and process improvement / Kaizen initiatives.


• Support ERP costing modules (e.g., SAP, Blackline, CCB Changed Control Board).

MAIN TASKS

• The Cost Accountant manages product costing, cost control, variance analysis, inventory accounting, and month-end reporting to provide accurate cost information that supports manufacturing operations and management decision-making.

PROFILE

• Diploma in Warehouse Management, Supply Chain, or related field or


• Bachelor’s Degree in Accounting, Finance, or related field.


• Professional qualifications (ACCA, CIMA, CPA,CMA) are preferred or in progress.


• Minimum of 2–5 years of experience in cost accounting, preferably in a manufacturing environment.


• Experience with standard costing and variance analysis is highly valued.


• Exposure to MNC or factory-based operations is an advantage.


• Strong analytical and problem-solving skills.


• Good understanding of manufacturing cost structures.


• Proficient in Microsoft Excel; experience with ERP systems is an advantage.


• Good communication skills and ability to work with cross-functional teams.


• Ability to work independently and meet tight deadlines.