Sr. Costing Accountant

A Senior Cost Accountant manage, analyze, and report on production costs, inventory valuation, and budgetary control to drive the company profitability.

Main Responsibilities:

• Monitor and analyze production costs, direct and indirect materials, labor, and overheads.
• Maintain and validate Bill of Materials (BOM) and routing information in the ERP system.
• Perform periodic cost roll-ups and standard cost updates based on approved changes.
• Prepare detailed cost variance analysis reports, highlighting key fluctuations.
• Reconcile inventory valuation for raw materials, work-in-progress, and finished goods.
• Coordinate monthly and year-end closing activities related to cost of goods sold (COGS).
• Analyze cost structures and recommend improvements to reduce production expenses.
• Track scrap, rework, and non-conformance costs with appropriate justifications.
• Support annual budgeting and forecasting of manufacturing cost centers.
• Perform profitability and margin analysis by product, customer, and region.
• Assist internal and external auditors with cost-related inquiries and documentation.
• Evaluate the impact of price changes, exchange rates, and utility consumption on product costing.
• Prepare reports to support pricing, quotations, and tenders for both local and export markets.
• Collaborate with warehouse, production, and maintenance teams for accurate cost inputs.
• Ensure compliance with internal controls, costing policies, and audit recommendations.

We are looking for a candidate with the following:

• Bachelor’s degree in Accounting, Finance, or Industrial Management.
• Minimum of 5-8 years of experience in the same field.
• Advanced Microsoft Excel and costing tools
• Strong knowledge of ERP systems (preferably Microsoft Dynamics AX)
• Analytical thinking, attention to detail, and manufacturing cost control