Cost Accountant at Khenpro Global Services

Job Summary

• The Cost & Inventory Accountant is responsible for monitoring, analysing, and reporting cost and inventory movements across production, central kitchen/ bakery, warehouse, and outlets.
• This role ensures accurate recording of raw materials, work-in-progress, finished goods, and wastage, while supporting cost control initiatives and ensuring compliance with internal processes for a fast-moving confectionery and QSR operation.

Key Responsibilities
Inventory Management & Reporting:

• Track inventory levels of raw materials, packaging, and finished products across factory, warehouse, and outlets.
• Conduct regular stock counts (daily/weekly/monthly) and reconcile variances with store, production, and outlet teams.
• Monitor and report daily product dispatches, returns, spoilages, and transfers.
• Maintain accurate inventory records and ensure FIFO/FEFO compliance.

Cost Accounting & Analysis:

• Maintain cost sheets and update standard recipes/BOMs for all menu items.
• Track production yield, ingredient usage, and variances vs standard recipes.
• Analyse production cost, labour cost, and overhead absorption to determine accurate unit costs.
• Monitor wastage, over-portioning, shrinkage, and recommend cost-saving measures.

Reporting & Compliance:

• Prepare daily, weekly, and monthly inventory & cost reports for management.
• Assist in month-end closing activities relating to stock valuation and COGS.
• Support internal and external audits by providing accurate cost/inventory data.
• Ensure compliance with company SOPs, hygiene standards, and financial controls.

Operational Collaboration:

• Work closely with production, supply chain, procurement, finance, and outlet teams.
• Support procurement with price monitoring and supplier cost analysis.
• Train outlet/store staff on documentation, stock controls, and inventory systems.

Qualifications

• B.Sc Degree / HND qualification in Accounting, Finance, or a related field.
• 2 - 4 years relevant experience in QSR, bakery / confectionery, FMCG, manufacturing, or retail environment.
• Proficiency in MS Excel; experience with POS, ERP, inventory or accounting software.
• Professional certification (ICAN/ACCA) is an advantage.

Key Skills & Competencies:

• Strong knowledge of inventory control & cost accounting principles.
• Excellent data analysis and reporting skills.
• High attention to accuracy and detail.
• Strong communication & cross-department collaboration skills.
• Ability to work under pressure in fast-paced environment.
• Integrity, discipline, and strong ethical values.

Personal Attributes:

• Highly analytical and organized.
• Honest and reliable.
• Proactive and process-driven.
• Strong sense of ownership and accountability.