Cost Analyst

About the company:

Our client is a leading chemical manufacturer and distributor with over 60 years of experience, specializing in the manufacturing, processing, and distribution of industrial chemicals, serving industries such as Oil & Gas, Pharmaceuticals, Water & Waste Treatment, Mining, Petrochemicals, and Rubber & Gloves. The company provides high-quality chemical solutions with advanced testing facilities and supply chain services.

Qualifications:

• Financial expertise: A Bachelor's degree in Accounting, Finance, or a related field, with professional certifications such as ACCA, CIMA, or CPA being highly valued.
• Proven experience: At least 5 years of experience in product costing, preferably within the manufacturing industry, demonstrating a strong background in cost accounting and financial analysis.
• Technical proficiency: Advanced skills in Microsoft Excel and experience with ERP systems, with knowledge of Navision being a significant advantage.
• Analytical prowess: Strong problem-solving skills and the ability to analyze complex data to drive informed decision-making.
• Effective communicator: Excellent interpersonal skills to collaborate with cross-functional teams and present financial insights clearly.

Job Description:

As a Cost Accountant specializing in costing, you will play a pivotal role in analyzing financial data, developing cost structures, and providing insights to support strategic decision-making. You will collaborate with cross-functional teams to ensure accurate cost accounting, enhance financial efficiency, and contribute to achieving the company's financial goals.

• Capturing of Cost: Develop and maintain cost models to accurately calculate product, plant, or project costs.
• Lead cost analysis: Conduct in-depth evaluations of raw materials, production processes, and finished goods to identify cost-saving opportunities and improve efficiency.
• Optimize inventory management: Monitor inventory valuation, conduct audits, and assess production yield to enhance cost efficiency and accuracy in stock reporting.
• Deliver insightful reporting: Prepare management accounts for comprehensive costing reports and provide valuable insights to support management decisions and audit processes.
• Spearhead process improvements: Identify and implement enhancements in costing procedures and financial controls, working closely with cross-functional teams to strengthen cost management strategies.
• Drive budgeting excellence: Collaborate with the sales, plant, and finance team to prepare annual budgets, forecast costs, and align cost control measures with overall financial objectives.
• Other duties as assigned by Superior.