Cost Accountant

Role & responsibilities:-

• Develop and maintain cost accounting policies and controls that ensures accurate cost allocation, tracking and reporting
• Study and collect data to determine costs of business activities such as raw material purchases, inventory, labor, and overheads
• Prepare costing for projects during bidding
• Prepare pre-production costing and actual costing for all projects
• Review and analyze standard and actual costs for variances monthly
• Prepare monthly manufacturing expense report for all MKU facilities
• Prepare periodic inventory reserves reconciliation, analyzing inventory for risk, and monitoring with support from internal stakeholders
• Prepare and analyze stock ageing report, stock allocation report
• Prepare, analyze and report monthly gross margin analysis by customer, part number and production jobs
• Prepare monthly plant wise reports on reworks and rejections
• Analyze changes in product design, raw materials, manufacturing methods, or services to determine effects on costs
• Assist in month-end and year-end closing by analyzing inventory and preparing supplemental reports as needed

Support the budgeting and forecasting process by providing cost-related inputs and analyzing cost trends and impacts

Preferred candidate profile

• Strong knowledge on cost accounting principles and practices
• Strong analytical skills with expertise in Excel and Data Visualization tools
• Experience in product margin analysis and understanding of key cost drivers and profitability metrics