Job Description

OVERVIEW

• Cost analysis, target costing, margin analysis and tracking of cost of underlying activities.
• Update standard costs in bill of material (BOM) and review standard & actual costs.
• Coordinate Inventory taking.
• Month End closing and preparation of reports.
  
  

DUTIES AND RESPONSIBILITIES

• Assist in a cost accounting system updates.
• Review the controls needed for data accumulation and reporting systems.
• Coordinate physical inventory taking.
• Investigate & coordinate reconciliation of cycle counting variances and resolve issues with process owners.
• Assist in setting up the manufacturing costing and stock valuation method in accordance with accounting policies.
• Verifying the bill of material (BOM)and performing validation on the monthly manufacturing costing data
• Update standard costs in bill of material (BOM) and review standard & actual costs for inaccuracies.
• Review production overhead and variances to ensure accuracy of product costing.
• Assist in product margins analysis and cost centres/plants.
• Report on periodic variances and their causes.
• Ensure all category stock movement and ending balance tally with accounting inventory ledger account.
• Review reports prepared by junior executives.
• Attend auditors’ queries.
• Any other duties or tasks as assigned by superior.
  
  

REQUIREMENTS

Education:

• Bachelor Degree in Accounting, Professionalism Qualification, i.e. ACCA or CIMA or its equivalent
  
  

Work Experience:

• Minimum 5 years working experience.
  
  

Technical and Professional Knowledge:

• Knowledge in accounting.
  
  

Certification / License Requirement:

N/A