Senior Cost Management Officer - Exciting Challenge

As a Senior Cost Management Officer, you are required to apply principles of cost accounting to provide detailed expense and revenue information beyond that supplied by the general ledger accounting system. In addition, perform product costing for all inventory valuations and income determination and ensure that costing functions are performed in accordance with standard accounting practices.

Roles & Responsibilities:

• Analyze direct and indirect costs to determine proper allocation for recording cost elements; recommend methods for calculating and controlling costs.
• Ensure detailed reconciliation of inventory accounts on a monthly basis and the preparation of financial statements related to inventories and cost of goods sold.
• Ensure that all updates to the stock sub-ledger and general ledger are fully and accurately supported by source documents.
• Coordinate cost accounting activities with relevant personnel/departments, e.g. production, packaging, warehouse, purchasing, marketing, etc.; maintain cost accounting system and cost standards in coordination with departments.
• Monitor, perform and/or audit physical inventories for accuracy.
• Compile cost data for use in developing budget proposals. Follow-up on data received from brewery and ensure prompt verification and rectification of discrepancies as necessary.
• Review standard costs for appropriate updates and changes; highlight major variances from standard cost to management’s attention for action. Assist with annual cost standards review.
• Serve as a resource for information within the company with regard to cost accounting, inter-company pricing, etc.
• Participate in the development, implementation and enhancement of inventory, cost management and related financial systems.
• Perform related duties as assigned.

Requirements:

• Proficient in Excel.
• Good learning attitude and teamwork.
• Minimum 3 years of increasingly responsible financial or fiscal control work experience in Cost Management. You should be operationally hands-on and thrive on working in a dynamic and challenging environment.
• Diploma/ Degree in Finance, Accounting, Business or equivalent qualification recognized by Institute of Certified Public Accountants of Singapore (ICPAS).