About This Role
This role is for a detail-oriented and analytical Cost Accountant to join a finance team. The core responsibility is cost analysis, inventory control, and supporting business performance through accurate costing and insightful financial analysis. The position requires close collaboration with operations, warehouse, and cross-functional teams to ensure inventory accuracy, cost efficiency, compliance with accounting standards and internal controls, and to drive process improvements.
Responsibilities
- Set up systems and processes for the costing function, including the full range of Cost Accounting activities
- Develop financial system improvements, upgrades, and controls
- Conduct financial analysis including variance, work in progress, and factory expenditure
- Review and analyze standard cost variances for material usage, labor variance, manufacturing overhead costs, production yields, inventory valuation, product costing, and product pricing
- Coordinate and conduct physical inventory counts and periodic cycle counts, including reconciling differences and making financial and inventory adjustments
- Develop operations Key Performance Indicators (KPIs)
- Monitor factory's operation and overhead expenses against budget and justification
- Update and maintain standard costing, bills of materials (BOMs), overhead absorption rates
- Evaluate process deficiencies, formulate corrective action plans, and develop process improvements and procedure controls
- Perform month-end closing activities in conjunction with the corporate deadline
- Prepare month-end closing with COGS (Cost of Goods Sold) schedules and financial reports aligned with margin fluctuations
- Assist in preparation of monthly financial statements, income statements, balance sheets, and cash flow statements
- Record and complete General ledger month-end closing activities
- Maintain accounting journals, reviewing and posting journal entries, account reconciliation, and fixed assets schedule
Requirements
- Bachelor's Degree in Finance or Accounting
- Professional qualifications such as ACCA, CIMA, or CPA are highly preferred
- Minimum of 2-5 years of cost accounting experience within a manufacturing or industrial operation
- Advanced Microsoft Excel proficiency
- Working knowledge of ERP platforms
- Strong analytical capabilities and cost accounting principles and practices
- Ability to work collaboratively with cross-functional teams and work under pressure
- Attention to detail, problem-solving skills, and communication skills
- Demonstrate traits of teamwork, integrity, and accountability
- Proficient in Mandarin to effectively communicate with the Holding company
