Cost Accountant

Job Title: Cost Accountant

Minimum Qualifications:

• Any Graduation, MBA/PG Diploma in Business Mgmt (Finance), Inst. of Cost & Works Accountants (Cost & Works Accountant), Chartered Financial Analyst, Chartered Accountant
• Any Nationality

Vacancy: 1 Vacancy

Job Description:

• Analyze and allocate costs to various departments and projects, ensuring accurate representation of financial data.
• Prepare detailed cost reports that help management make informed pricing and budgeting decisions.
• Collaborate with cross-functional teams to evaluate cost-saving opportunities and improve operational efficiency.
• Conduct regular audits of financial records to identify discrepancies and recommend corrective actions.
• Develop and maintain standard costing systems that reflect the actual costs of production.
• Monitor and report on inventory costs, ensuring compliance with financial policies and regulations.
• Assist in the preparation of budgets and forecasts, providing insights based on historical data and market trends.
• Support month-end and year-end closing processes by ensuring timely and accurate financial reporting.
• Utilize advanced Excel functions and accounting software to streamline data analysis and reporting.
• Provide training and support to other staff members regarding cost accounting practices and methodologies.

Desired Candidate Profile:

• Bachelor's degree in Accounting, Finance, or a related field, with a strong foundation in cost accounting principles.
• A minimum of 3-5 years of relevant work experience in cost accounting or financial analysis within a manufacturing environment.
• Professional certifications such as CMA (Certified Management Accountant) or CIMA (Chartered Institute of Management Accountants) are highly preferred.
• Proficiency in accounting software (e.g., SAP, Oracle) and advanced Excel skills to analyze and visualize data effectively.
• Strong analytical skills with the ability to interpret complex financial data and make strategic recommendations.
• Excellent communication skills to articulate financial concepts and collaborate with non-financial teams.
• Attention to detail and a high level of accuracy in financial reporting and analysis.
• Ability to work independently and manage multiple projects under tight deadlines in a fast-paced environment.
• Proactive mindset with a focus on continuous improvement and cost optimization initiatives.
• Fluency in English; knowledge of additional languages might be beneficial in multinational settings.