Cost Accountant

Costing & Inventory Control: Prepare and maintain the standard cost of products and update it periodically. Monitor daily production costs and analyze material, labor, and overhead expenses. Ensure accurate inventory valuation and reconciliation between physical and system records. Record and analyze cost variances between actual and standard costs. Monitor waste, scrap and production losses and report deviations. Financial Reporting & Analysis: Prepare monthly cost reports, variance analyses and profitability reports by product or department. Support month-end and year-end closing related to inventory and cost accounts. Provide cost-related data and analysis for management decision-making. Budgeting & Forecasting: Assist in preparing annual budgets and cost forecasts for the factory. Monitor actual costs against budgets and report deviations. Internal Controls & Compliance: Ensure compliance with company policies, accounting standards, and internal controls. Participate in internal and external audits related to inventory and cost accounts. Continuous Improvement: Recommend cost reduction initiatives and process improvements. Support operational teams in identifying efficiency opportunities in production and material usage.

Desired Candidate Profile

Bachelor s degree in Commerce, Accounting, Finance, or a related field from a reputable university. Minimum 3 years of experience in cost accounting, preferably in a manufacturing or industrial environment. Strong knowledge of cost accounting principles, standard costing, and inventory control. Proficiency in ERP systems (e.g., SAP, Oracle, or Odoo) and Microsoft Excel.