Cost accountant

HIRING COST ACCOUNTANT FROM MANUFACTURING INDUSTRY

As a cost accountant, you will collect, analyse, and report on cost accounting data.

Objectives of this role

Create a system to precisely calculate the activity rate for both standard and actual costing. Develop strategies to reduce costs and study product pricing Prepare product cost reports by collecting information and data points from various departments within the organisation. Investigate discrepancies in product costing and perform PEC (period-end close) activities, including settlement of Internal & maintenance order. Conduct regular variance analysis, to accounting practices and ensure compliance with the standard cost.

Your tasks

Examine costs of production to determine the most efficient methods of production. Ensure accurate classification of expenses for conversion cost calculation. Research material costs to ensure the accuracy of RM consumption in accounting system. Analyse manufacturing costs and prepare periodic reports comparing standard prices to actual production costs. Participate in physical inventory counts to ensure the accuracy of inventory records.(value) Monitor the accumulation of all direct labour, overhead and other manufacturing-related expenses. Work closely with other SAP modules to ensure seamless integration. Proven ability to analyse business requirements and help in effective SAP CO solutions. Atomisation of CO related process for faster & accurate data.

Required skills and qualifications

A bachelor's or master's degree in finance or commerce with a specialisation in Costing 3+ years of experience in the accountancy field or an equivalent role. Proficiency in accounting software like Excel, word, PPT and well-acquainted with SAP S4 HANA. Exceptional ability to think critically and make decisions based on data analysis. Excellent communication and presentation skills in discussing Costing reports with company stakeholders.

Preferred skills and qualifications

Relevant certifications in Cost Accountant. Strong understanding of SAP CO modules and their integration with other SAP modules. Passion for numbers and competence in assessing larger datasets. Aptitude for mathematics, statistics, and various cost analysis techniques. Unswerving critical, analytical, and interpretation capabilities. Willingness to work in a team or individually, as required.