Cost Accountant

About our client: Our client is a manufacturer of offshore drilling and production equipment that is well-suited for use in deepwater applications.

About the role: Reporting to the APAC Regional Controller. Lead and manage all aspects of manufacturing costing, control, and related accounting for entities within the MEAP region.

1) Costing

• Drive ongoing review and analysis of material costs, overheads, price variances and effectively manage related interaction with manufacturing personnel
• Review WIP and open projects report to ensure timely closure.
• Lead inventory review and reserve evaluation analysis including timely completion of inventory cycle count by plant and reconcile variances, if any.
• Support percentage-of-completion (POC) revenue accounting and related analysis. Attend periodic meetings with project managers on project status, performance against forecast etc.
• Responsible for continuous process improvements for inventory costing-related areas

2) Financial Close & Reporting

• Support the monthly and annual financial close to ensure timely closure with good quality. This includes but is not limited to preparation, review and approval of costing and inventory related journals, balance sheet reconciliations, business commentaries and related corporate reporting
• Responsible for gross margin analysis including providing commentaries for performance by volume, price, mix and direct cost performance.

3) Forecasting & Planning

• Act as finance business partner to Plant Manager and Manufacturing group
• Actively engage with Plant Manager to support the management of peaks/troughs in the manufacturing cycle to improve both OTD (on-time delivery) and profitability
• Support annual manufacturing budget plan and quarterly forecast process including capacity and under-absorption forecasting, manufacturing headcount requirements etc.
• Provide relevant manufacturing related operational and financial information/data, as needed, for pricing decisions in commercial tenders/bids.

4) Others

• Support internal and external audits
• Serve as super user for Macola enhancements in inventory costing related functionalities
• Supervise, coach and develop direct report (if any) and drive functional excellence in the delivery of manufacturing finance support
• Participate in other ad hoc projects as assigned

About you:

• Degree in Accounting with minimum 8 years of manufacturing finance and business partnering experience with an MNC
• Strong problem solving and critical thinking skills
• Good analytical competency and great attention to details
• Good interpersonal skills and the ability to collaborate and communicate effectively with different levels of internal and external stakeholders
• ERP system experience (familiarity with Macola a plus) and proficient with MS Office applications including Advanced Excel, Word and Powerpoint.

Other:

• Work location: Tuas (pick-up transport provided)
• Work hours: Monday to Friday (8am to 5.15pm)

*Please note that only shortlisted candidates will be contacted.*

Employment Agency: Kingsforce Management Services Pte. Ltd.

Employment Agency Licence No: 94C3545

EA Personnel: Wong Pik Kiun (Kimberly)

EA Personnel Reg. No.: R1984508