
Senior Cost Accountant
1 week ago
Senior Cost Accountant
Role: Monthly COGS Close and Analysis
The main purposes are to:
Accurate and timely monthly, quarterly, and annual closing of the COGS accounts.
Deliver effective support to the Financial Controller in validating the COGS accounts for periodic reporting.
Provide insightful monthly performance analysis to facilitate understanding and decision-making by senior management.
Maximize efficiency and identify opportunities to reduce product costs through close collaboration with other functional teams both internally and externally.
This includes the following elements :
Responsible for Month-end closing of Product and Other COGS
Validate and ensure accuracy and completeness of Product and Other COGS accounts
Perform reconciliation of Interco Sales accounts
Maintain schedules and prepare journal entries for COGS accruals & adjustments and Purchase Price Variance (PPV) allocation
Validate inventory balances and maintain inventory records
Prepare monthly variance analysis of forex accounts against prior periods and forecast
Verify accuracy of vendor invoices for other COGS and price adjustments
Systems database maintenance
SAP Master Data maintenance of Product cost and Intercompany Prices
SAP Master Data maintenance of Vendor and Customer
Drive SAP and other process improvement projects
Maintain and update documentation and flowchart of supply chain process
Other ad-hoc accounting projects or duties as and when assigned
Job Requirements
A recognized degree in Business/Accountancy/Finance
At least 4 years of working experience in cost accounting in MNCs
Highly self-motivated with a positive attitude
Must be meticulous and have an analytical mind
Possess effective communication and people skills
Possess strong skills in MS Excel (Pivot tables, V-Lookups, Power Query, Power Pivot)
Experience with SAP, Power BI and TM1
Good organization skills
Responsible and highly adaptable
Team player
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