Cost Accountant

About the job Cost Accountant

Job Description : Our client is seeking a detail-oriented and analytical Cost Accountant to join their finance team. As a Cost Accountant, you will be responsible for analyzing costs, identifying cost-saving opportunities, and providing valuable insights to improve our company's financial performance. Your expertise in cost analysis, budgeting, and financial reporting will play a crucial role in supporting strategic decision-making and optimizing operational efficiency.

Responsibilities :

• Analyze product costs, production expenses, and operational performance to identify areas for cost optimization and process improvement.
• Develop and maintain cost accounting systems and processes, ensuring accurate and timely recording of costs and expenses.
• Conduct regular cost variance analysis and provide insights on deviations from budget and forecast.
• Prepare cost reports and financial statements, highlighting key cost drivers and trends.
• Collaborate with cross-functional teams to develop and monitor cost standards and cost allocation methodologies.
• Assist in the preparation of annual budgets, forecasts, and financial plans, providing cost-related inputs and recommendations.
• Support month-end and year-end closing activities, including reconciling cost accounts and analyzing variances.
• Perform inventory analysis and reconcile inventory records to ensure accuracy and proper valuation.
• Participate in the evaluation of product pricing strategies and the development of pricing models.
• Work closely with operations teams to improve cost accounting processes and ensure accurate product costing.
• Monitor and assess the effectiveness of cost control measures and provide recommendations for improvement.
• Assist in internal and external audits related to cost accounting and inventory valuation.
• Stay up to date with industry trends, regulations, and best practices in cost accounting.

Requirements :

Preferred Qualifications :