Cost Accountant at HRBP Solutions

Duties & Responsibilities

• Establishing and updating Standard costs of manufactured and purchased items
• Ensuring minimal variance between actual and standard costs
• Advising on product profitability and pricing structures, evaluating sanctions and monitoring contract prices renewals
• Preparation of financial reports for decision making including the Monthly Budget Control
• Report (MBCR), Cost of Sales Budgets and Inventories Cash Flow Budget
• Modeling of costs and sales data for purposes of decision making by management
• Participate in Work-In-Process, Engineering Stocks and Finished Stocks periodic stock take exercises verification of fixed assets and project evaluations.
• Reviewing and analyzing weekly and monthly operating costs against budget and analyzing any significant variances.
• Update standard costs in the bill of materials
• Review standard and actual costs for inaccuracies
• Validate the cost of goods sold as part of the month-end close
• Accumulate and apply overhead costs as required by generally accepted accounting principles
• Report on breakeven points by products, work centers, and factories
• Report on margins by product and division
• Report on periodic variances and their causes, focusing in particular on spending variances
• Analyze capital budgeting requests
• Perform cost accumulation tasks

Qualifications & Skills

• Bachelor’s degree in Business/ Finance
• CPA(K)/ACCA qualification is mandatory
• Minimum 5 years’ experience in manufacturing industry mostly handling cost
• Experience in interpreting and analyzing financial data is essential
• High numeric abilities
• Advanced computer skills
• Working knowledge of SAP software
• Ability to read, interpret data and create reports and presentations as required.
• Good organizational skills
• Must demonstrate people management ability