Cost Accountant

3 weeks ago


Singapore Smartt Precision Mfg Pte. Ltd. Full time

Responsibilities:

  • Develop & maintain cost accounting system, including standard costing, variance analysis, and cost allocation methodologies.
  • Analyse manufacturing processes to identify cost reduction opportunities and implement efficiency improvements.
  • Collaborate with cross-functional teams to ensure accurate costing of products and services.
  • Prepare monthly, quarterly, and annual cost reports for management review.
  • Monitor inventory levels and reconciles discrepancies between physical and book counts.
  • Lead cost-related projects/families, such as new product cost analysis and cost modelling.
  • Ensure compliance with regulatory requirements and internal controls related to cost accounting.
  • Responsible for maintaining accurate costing processes for production and materials.
  • Responsible for standard costs for raw materials, packaging, machinery and finished goods and update variance analyses.
  • Analyse manufacturing costs, overheads, purchase price and COGS variances.
  • Manage cost-related budgets and perform variance analyses.
  • Generate periodic reports for management, analysing factors affecting product prices and profitability.
  • Any ad-hoc duties as assigned.
  • Provide guidance and support to junior members of the finance team.

Requirements:

  • Bachelor's degree in Accounting, Finance, or related field. CPA or CMA Certification is preferred.
  • Minimum of 10 year of experience in cost accounting or cost control, preferably in the semiconductor manufacturing industry.
  • Solid understanding of manufacturing processes, cost drivers, cost accounting principles and financial analysis techniques.
  • Proficiency in cost accounting software Microsoft Excel, and ERP system (e.g., SAP, etc.).
    Strong analytical and problem-solving skills, with the ability to analyse complex data, identify trends, and communicate insights effectively.
  • Detail-oriented with a high degree of accuracy.
    Good communication and interpersonal skills, with ability to collaborate with cross-functional teams and present financial information to stakeholders at all levels.
  • Ability to work independently, prioritize tasks, and meet deadlines in fast-paced environment.
  • Ability to speak other languages an advantage.

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