ABOUT YOUR ROLE:
Provides financial information to management by researching and analyzing accounting data; prepares reports; supervises and maintains regular accounting processes.
YOUR RESPONSIBILITIES WILL INCLUDE:
- Ensuring compliance with relevant accounting standards, tax regulations, and industry-specific guidelines
- Daily task costing ( update standard cost for new items, checking inventory and expense and propose journal reclassify to RTR team by weekly basis )
- Performing month-end cost accounting close and ensure all deadlines are met (month end schedule cut off, liaise with Wh and Ops team for reconciliation raw materials, work-in-progress and finished-goods stock, recons stock on hand in system vs production report, month end closed costing ERP system )
- Controls inventory including evaluation of product cost, bill or material accuracy, period physical inventory, etc.
- Preparing and calculate for scrap analysis
- Preparing and calculate for cost of good manufacture & cost of goods sold reports
- Maintaining cost accounting system and cost ledger (reconciliation system vs journal entries adjustment)
- Analyzing inventory valuations
- Analyzing & Monitoring unit cost variance (Comparing actual costs to standard costs to identify deviations and investigate the reasons behind them)
- Analyzing and liaising with GPD team related inventory standard cost (establishing and maintaining standard costs for products or services in ERP system)
- Liaise with the FPA team regarding Report analysis on margins by product and product line (Calculating the costs associated with producing specific products or services & eEvaluating profitability by analyzing cost structures against selling prices)
- Supporting and responsible for ad hoc requirement related costing ( regional report, internal & external audit )
- Responsible for managing the hardcopy/ supporting document with proper and tidy filling.
- Utilizing various accounting and cost management software to input, track, and analyze cost-related data.
