Summary
Date Posted: Monday, July 15 2024, Base Salary: Not Disclosed

JOB DETAILS:
The Cost Accountant will conduct costing analysis and forecasting for management information in decision-making.

Duties and Responsibilities:
• Plan, Study, and collect data to determine costs of business activities such as raw material purchases, inventory and labor.
• Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost.
• Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs.
• Recording cost information for use in controlling expenditures.
• Making cost estimates of new and proposed products.
• Providing management with reports specifying and comparing factors affecting cost and profitability of products or services.
• Assisting in the end of month close of the General Ledger.
• Compile documentation on standard costs and company production costs.
• Reviewing prices of products to keep them in line with the expected margins considering the changes in costs and market forces. Carry out costing for Special Order Products to determine a price to charge.
• Prepare periodic Costing and Production Reports to analyze production performance and its effect on Product costs and Company expenditure.
• Carry out cost center analysis and reporting to manage company costs against budget.
• Establish and maintain a robust Activity Based Costing system to guide Financial Reporting and variance analysis.
• Recommend and participate in the execution of process improvement projects.
• Educate the operational and production teams on the management of costs and associated cost drivers.
• Compile and present financial forecasts to assist planning & decision-making.
• Prepare financial analysis for new ventures.
• Analyze company project performance and ROI.
• Conduct risk assessment and advise on ways to minimize financial risks.
• Maintain the Cost Accounting System.
• Construct data accumulation systems.
• Maintain the Company’s ERP.
• Lead and supervise the costing team.

Experience, Skills and Qualifications:
• Bachelor’s Degree (or equivalent) in BBA, B.COM, or an Accounting related field.
• Aptitude to learn and adapt with a creative approach to problem-solving in a fast-moving environment.
• At least 2 years’ experience in a similar position.
• Excellent computer skills and a good understanding of SAP BI.
• Confidence, Integrity, Trustworthy, Respectful, Team Player and Innovator.

Work Hours: 8

Experience in Months: 24

Level of Education: Bachelor Degree

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