As a Senior Cost Accountant, you will play a pivotal role in our financial operations by providing insightful cost analysis and ensuring financial integrity throughout our organization. You will collaborate closely with cross-functional teams to analyze costs, assess financial performance, and provide strategic recommendations to enhance profitability and operational efficiency.
Key Responsibilities:
Cost Analysis and Reporting: Conduct thorough analysis of manufacturing costs, overheads, and variances to identify opportunities for cost savings and efficiency improvements. Prepare detailed cost reports and financial forecasts.
Budgeting and Forecasting: Assist in the development of annual budgets and financial forecasts. Monitor budget variances and provide timely explanations and corrective actions.
Inventory Management: Oversee inventory valuation, reconciliations, and analysis. Collaborate with supply chain and operations teams to optimize inventory levels and minimize carrying costs.
Financial Controls: Establish and maintain robust financial controls related to cost accounting processes. Ensure compliance with regulatory requirements and internal policies.
Process Improvement: Identify opportunities for process improvement in cost accounting procedures. Implement best practices to streamline operations and enhance accuracy and efficiency.
Cross-functional Collaboration: Work closely with finance, operations, and procurement teams to align cost management strategies with business objectives. Provide financial insights and support to senior management and department heads.
Requirements:
Bachelor's degree in Accounting, Finance, or a related field. CPA or CMA certification preferred.
Proven experience as a Cost Accountant or similar role, with at least [number] years in a senior or lead capacity.
Strong knowledge of cost accounting principles, financial analysis, and reporting.
Experience with ERP systems (e.g., SAP, Oracle) and advanced proficiency in MS Excel.
Excellent analytical skills with the ability to translate complex data into actionable insights.
Strong attention to detail and accuracy in financial reporting.