Senior Cost Accountant

2 days ago

Central Region, Singapore ALL MARKET SINGAPORE PTE. LTD. Full time $90,000 - $120,000 per year

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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