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.