COST CONTROLLER

Requirements:

Bachelor’s Degree in Accounting or Finance
At least 5 years experience in a manufacturing environment
Must have a strong cost accounting background and have excellent analytical skills
Experience working with engineering and manufacturing personnel on development and analysis of cost standards
Sound understanding of accounting principles
Strong experience in working with Excel
Minimum English skills

Responsibilities:

Planning, collecting and analyzing data to determine costs of the business activity such as raw material purchases, inventory and labor
Ensure that inventories ledger balances reconcile with TB and GL and all related accounts are under control and movements explained
Maintain the correct valuation of inventories and COGS (purchasing cost, production cost and discharge cost when sold)
Calculate the monthly actual production cost and reviews variances against standard cost and plan
Involved in the budgeting process for production cost
Follows-up the execution of the production budget
Update standard costs in the bill of materials
Validate the cost of goods sold as part of the month-end close
Report on margins by product, by product group and by customer
Quarterly review of inventories ageing and calculation/update of allowances (obsolete, NRV, other)
Prepares financial forecasts, estimations regarding the balance sheet and financial performance
Builds business scenarios or financial simulations as a result of potential management decisions
Consolidate month-end results into the profitability report for management