Cost Accountant at Graceco Limited

JOB SUMMARY

The position holder determines the actual cost associated with manufacturing products by looking at all expenses within the supply chain. The role involves budget preparation, profitability analysis, reviewing financial records, researching market rate for key business costs, providing data for stable budget developments, using software to allocate indirect costs to internal processes, detailed analysis on suitable cost drivers and evaluation of potential business ventures.

DETAILED JOB DESCRIPTION

Inventory

• Coordinate physical inventory counts and cycle counts
• Investigate cycle counting variances and resolve issues
• Update standard costs in the bill of materials
• Review standard and actual costs for inaccuracies
• Validate the cost of goods sold as part of the month-end close
• Accumulate and apply overhead costs as required by generally accepted accounting principles
• Work with the materials review board to locate and dispose of obsolete inventory

Analysis

• Conduct ongoing process constraint analyses
• Report on breakeven points by products, work canters, and factories
• Report on margins by product and division
• Report on periodic variances and their causes, focusing on spending variances
• Analyze capital budgeting requests
• Perform cost accumulation tasks as a member of the target costing group

Others

• Recommend  standard costs of manufactured goods
• Developing and analysing cost standards
• Establishing costs of business processes such as administration, labour, logistic, etc.
• Performing account reconciliations
• Recommending changes to the company’s processes and policies to reduce cost and maximize profit
• Advising executives and upper management on appropriate costing based on financial data
• Supporting finance team with invoicing and capital expenditure
• Any other responsibility as may be assigned by the Finance & Control Director

REQUISITE QUALIFICATIONS / EXPERIENCE

• B.Sc. in Accounting, Finance, or related courses.
• Relevant certification in Cost Accounting
• Minimum of 2 years relevant experience in manufacturing sector
• Experience working successfully with executive and senior management

REQUIRED SKILLS / ATTRIBUTES

• Strong time management, planning and analytical skills
• Extensive knowledge of accounting and management principles
• Strong computer usage skills, including proficiency in the Microsoft Office suite (Word, Excel, PowerPoint). Proficiency in Gmail and google tools preferred.
• Professional written and verbal communication skills, with excellent client facing skills (external) and the ability to communicate at all levels within the organization (internal).
• Demonstrated conflict resolution skills.
• Ability to learn the business, be a team player and enjoy working in a team-oriented    environment.
• Commitment to ethical behaviour with a willingness to adhere to all company policies and current financial legislation.
• Understands the need for confidentiality in sensitive employee situations and in other business instances, when required.
• An organized problem solver, able to prioritize effectively in a fast-paced environment