Costing Accountant

8 hours ago

Singapore HYC (SINGAPORE), INC. PTE. LTD. Full time

RESPONSIBILITIES:

- Define and maintain cost accounting policies and costing standards for raw materials, tools, hardware, labor, labor and material burden, WIP and finished goods
- Develop, maintain and update cost accounting models and systems, standard costs to advise management on price changes in order to maintain and maximize profit margins
- Analyze production costs and understand impact to costs of goods sold on the company's financial reports, which affects the company's bottom line, and recommend changes
- Detailed analysis on gross margins related to a company's products, purchases and inventory
- Understand P&L and balance sheet accounts to understand the main cost drivers of the business, and the impact coming from cost adjustments
- Analyze cost accounting data and for preparation of regular reporting including gross margin analysis by site, by manufacturing process, by customer, by parts groupings
- Assist with cycle counts/physical inventories/stock reconciliations
- Close collaboration with IT on changes to ERP resulting from cost adjustments
- Play an active role in costing for new products/projects

**REQUIREMENTS**:

- Related work experience and a Bachelor’s degree in Accounting or Finance. An accreditation such as certified public accountant (CPA) or certified management accountant (CMA), as well as a master’s degree in business administration (MBA) are preferred
- Knowledge of IFRS, US-GAAP in relation to Cost Accounting Standards
- Finance background, exposure to cost accounting, internal controls, inventory/stock management with an innate ability to combine different data, calculate profit margins & create detailed cost-effective solution reports
- Strong time management and possess effective interpersonal communication skills
- Possess excellent analytical skills, meticulous and attentive to details
- Advanced Microsoft Excel skills is essential.
- Microsoft Office (Excel, Word, Power-point), Ms Project

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