Cost Accountant

Main Responsibilities

• Collaborate with team members and contribute to accounting and organizational goals.
• Update, maintain and analyze standard costs, including completing cost updates when there are changes or additions to bills of materials (BOM) and routings.
• Perform variance analysis (purchase price, labor efficiency, overhead absorption) and provide actionable insights to management.
• Support monthly close by preparing journal entries, reconciliations, cost allocation reports, and other tasks as needed to assist the controller.
• Collaborate with operations and supply chain to monitor and explain material usage, scrap, and production variances.
• Conduct inventory accounting: reconcile physical counts to the general ledger, analyze inventory reserves, and ensure compliance with corporate policy. Participate in year-end inventory count.
• Prepare and analyze cost reports to support management decision-making.
• Assist with budgeting and forecasting of manufacturing costs.
• Partner with auditors during financial reviews related to cost accounting.

Main challenges & complexity

• Managing and reconciling large volumes of manufacturing and inventory data.
• Explaining cost variances to both finance and non-finance stakeholders.
• Supporting decision-making in a fast-paced, dynamic manufacturing environment.
• Balancing corporate compliance requirements with plant-level operational needs.

Communication

• Internal contacts: Controller, Accounting team, Operations, Plant Management and Sales staff.
• External contacts: Vendors, auditors, and customers.

Knowledge

• Education / diplomas: Bachelor’s Degree in Accounting, Finance, or related field preferred
• Professional background: At least 3-5 years in a manufacturing or plant environment in accounting department
• Languages: English
• Tools & software: Advanced proficiency in Excel, experience with ERP/accounting systems, and familiarity with accounting systems experience.
• Functional skills requirement: Strong analytical and problem-solving skills; understanding of standard costing, variance analysis, and inventory accounting.
• Soft skills: Excellent communication, attention to detail, ability to work across functions, high integrity, and ability to manage multiple priorities under tight deadlines.

Why Join The Team

• Play a critical role in driving profitability and operational efficiency.
• Gain exposure to cross-functional teams in a manufacturing environment.
• Opportunities for professional development and advancement in finance and operations.
• Contribute directly to business success through cost savings and performance improvements.