Senior Cost Analytic Accountant at Monsanto Company

Main Purpose of the Job: Performing actual cost calculation for all inventories of the entity; raw materials, purchased goods and produced finished / semi-finished products and by-products, other low value materials;
Monitoring of inventory transactions and reconcile differences between US GAAP and local accounting monthly and propose adjustments;
Ensure adequate accounting controls and procedures in costing and inventories are effective;
 

Ensure costing model for actual cost calculation applied in the company is effective and in line with accounting and tax regulations;
Control the accuracy of inventory, participating in physical inventory counting; reflect differentials in accounting books and records (deficit, surplus, kind mixing); regulate differentiation between actual assets and accounting data, which have been revealed during physical inventory counts;

Key activities and responsibilities include:

1. Actual cost calculation

• Reflecting data in the system to determine costs of raw materials, purchased goods and produced finished/semi-finished products and by-products; Support data in system with required internal documents.
• Accumulate and apply overhead costs as required by accepted accounting principles and local company accounting policy;
• Calculate the cost of goods sold as part of the month-end close. Post necessary adjustments in the system.
• Cooperate with production and engineering teams, ensuring inputs receiving and accuracy in primary documentation; alignment with records in the system;

2. Inventory

• Monthly stock reconciliation;
• Help to investigate counting variances and resolve issues;
• Participate in physical inventory counts and ensure proper reflection of results in accounting books
• Account for other materials and low value items, ensure timely write off and correctness of balances;
• Support transactions in system with required internal documents.

3. Analysis and Reporting

• Reconcile differences between US GAAP and local accounting on a monthly basis and propose adjustments;
• Participate in activities during month end close of the General Ledger;
• Analyzing changes in manufacturing processes and reflect them in Cost Accounting model;
• Conduct ongoing process constraint analyses and initiate mitigating actions.

4. Projects

• Lead the project of maintaining Local Cost Accounting model; Initiate changes in Accounting policy and/or Cost Accounting model to enhance accuracy and controls.
• Support projects regarding COGS, inventories, spare parts etc. in accounting area.

Qualifications / Experience

• Bachelor’s degree in Accounting or related business field
• 5+ years of accounting/finance experience, min. 3 years as cost accountant, preferably in multinational companies within manufacturing environment
• Experience with SAP, strong Excel user, working experience with large databases
• Experience in the agriculture, manufacturing or seed industry is an added advantage
• Experience in cost accounting and financial analysis
• Experience in Inventory management
• Good level in English language
• Proven ability to work cross-functionally within the company through strong influencing and leadership skills.
• Strong project Management and organization skills and ability to handle multiple projects
• Strong listening skills & capable to influence and align internal and external needs towards actionable business tactics & strategies on a proactive basis.
• Should be willing to work on an 18-month renewable contract