Senior Cost Analyst

 

Responsibilities:
Cost Analysis and Reporting
•    Developing cost standards for materials and labor
•    Design and implement cost management processes and use appropriate costing methodologies to recognize, determine, accumulate, and report costs of business activities such as cost of goods sold, inventory, labor usage, etc.
•    Analyzes, examines and interprets accounting data, records, and reports to determine past costs, identify improperly recorded costs, and reallocates the cost to ensure they are recorded in the appropriate cost structure.
•    Business partnering with Supply chain identifying and developing various reports and analyzing variance to drive efficiencies and information needs across the company
•    Designing and implementing the Material Management system
•    Validate and analyze inventory and cost of goods sold, prepare journal entries, and reconcile inventory balances as part of the month-end close.
•    Assisting in month-end cost accounting close
•    Performing life cycle cost-benefit analysis
•    Analyzing inventory valuations, planning and managing cycle count and annual physical inventories

 

Cost Accounting
•    Perform variance analysis between actual and standard costs.
•    Monitors analyze and report on inventory valuation, production and various other costs.
•    Provide productivity analysis.
•    Review reporting for trends and investigate abnormalities
•    Collection of data to determine costs of business activity such as raw material purchases, labor costs. and Overhead cost.
•    Analyzing changes in product design (ECN), raw materials, manufacturing methods or services provided, to determine effects on cost
•    Partner with Operations to update and review standard and actual costs.
•    Review monthly manufacturing cost activity during monthly close cycle
•    Monitor cycle counting processes and variances
•    Partner with operations to be and onsite resource for physical inventory counts
•    Partner with operations to review and analyze overstock and obsolete statement quarterly
•    Contribute to developing yearly operation plans, budgets, and estimating new product costs, including economic analysis.
•    Maintaining Cost Accounting System
•    Perform other related duties as required to meet the goals and objectives of the company and finance department.
•    Creating, updating, and maintaining financial models and detailed forecasts of the company’s future operations.
•    Comparing historical results against budgets and forecasts and performing variance analysis to explain differences in performance and make improvements going forward.

 

Qualifications:
•    Bachelor’s degree or higher in Finance / Accounting.
•    7-15 years in accounting costing, inventory in industrial factory.
•    Punctuality, data accuracy, planning and communication skill. 
•    Good command in English.
•    Can use Microsoft office program, excel in advance level including SAP.