Cost Accounting Manager

Job Description

• Develop, manage, and monitor the organization's annual budget and long/short-term financial forecasts.
• Manage and develop the company's product pricing procedures and cost accounting systems to ensure accurate product/service costing.
• Lead month-end closing operations and ensure timely financial reporting.
• Conduct profitability analysis by specific areas.
• Analyze and report fluctuations of COGM components.
• Establish KPIs and monitor organizational performance against financial goals.
• Review and monitor all inventory transactions.
• Manage the accurate recording of all related financial events, from the procurement of raw materials to the sale of manufactured products to customers.
• Control production consumption and analyze deviations from standard consumption levels.
• Manage the accurate and appropriate allocation of expenses to relevant cost centers, and auditing records, and ensure the reasonable absorption of overhead costs into production.
• Participate in business planning, including mergers, acquisitions, and investments.
• Advise on the financial impact of business strategies and initiatives.
• Maintain compliance with internal controls, policies, and accounting standards.
• Liaise with external auditors and regulatory bodies to ensure financial compliance.

Requirements:

• Bachelor’s degree in Accounting, Finance, or a related field (a Master’s degree is preferred).
• At least 5 years of experience in management accounting, financial analysis, or a related role.
• Proven track record of managing budgets, forecasts, and financial models.
• Comprehensive understanding of all conventional costing methods and the ability to design computational models.
• Experience in leading and developing teams.
• Excellent communication and presentation skills, proficiency in English, both written and verbal, for effective communication and reporting.
• Strong analytical and problem-solving abilities.
• Proficiency in accounting software and advanced Excel skills; familiarity with ERP systems is a plus.
• Ability to manage multiple priorities and meet tight deadlines.