- Determine fixed costs (e.g., salaries, rent, and insurance) in addition to planning and recording variable costs (e.g., purchases of raw material and operations costs).
- Review standard and actual costs for inaccuracies.
- Analyze and report profit margins.
- Assist in month-end and year-end closing.
- Identify and recommend cost-effective solutions and cost-savings
- Develop and maintain the cost accounting system, documents, and records of the organization.
- Prepare and complete internal cost audits.
- Comply with Generally Accepted Accounting Principles (GAAP) for financial statements.
- Analyze any changes in goods or services provided in order to determine what effect it has on the cost.
- Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
- Make estimates of new and proposed product costs.
- Reviews daily manufacturing accounting entries.
- Reviews cost and variance trends; researches significant variations and recommends appropriate responses.
should possess excellent analytical skills along with the ability to combine different data and calculate profit margins. –should also be able to create detailed reports that present cost-effective solutions for our company. should build updated databases and manage cost information to maximize profitability for our company. Previous cost accounting experience1-3 years of working experienceAbility to effectively communicate with non-finance staff, including those in the warehouse and factoryExcellent interpersonal and communication skills, both written and verbalStrong attention to detailSelf-motivated and forward-thinkingExcellent working knowledge of computer software including Excel and other production/costing software and ERP systems, Prefer Odoo