الوصف الوظيفي
Job Overview:The Cost Accountant is responsible for analyzing, managing, and reporting the cost structure of the plastic manufacturing process. This role plays a critical part in determining accurate product costing, budgeting, and financial analysis to support the company’s profitability goals. The ideal candidate should have strong knowledge of cost accounting in a manufacturing environment, with a focus on plastics production, and be detail-oriented with excellent analytical skills.Key Responsibilities:Cost Analysis & Reporting:Analyze and report on manufacturing costs, identifying variances between actual costs and budgets/standards.Prepare and present reports on cost performance, inventory valuation, and profitability to management.Ensure that costs are accurately tracked and allocated, ensuring proper financial reporting.Product Costing:Develop and maintain standard costs for all products, factoring in raw materials, labor, and overhead.Analyze product margins and recommend pricing strategies based on cost analysis.Assist in the preparation of cost estimates for new products and product modifications.Inventory Management:Monitor inventory levels and ensure accurate valuation of raw materials, work-in-process (WIP), and finished goods.Conduct periodic physical inventory counts and reconcile variances.Ensure proper control and reporting of scrap, obsolescence, and rework costs.Budgeting & Forecasting:Assist in the preparation of annual budgets and forecasts related to production costs, materials, and labor.Track and analyze actual performance against the budget, identifying key variances and recommending corrective actions.Work with operations and production teams to develop cost-saving initiatives and drive process improvements.Cost Control & Optimization:Identify areas of cost inefficiencies and provide recommendations to reduce waste, control overhead, and improve profitability.Analyze cost behaviors and trends to identify opportunities for savings in production and procurement.Support continuous improvement projects and lean manufacturing initiatives to optimize cost structure.Compliance & Internal Controls:Ensure compliance with internal accounting policies and procedures related to cost accounting.Maintain accurate and up-to-date records of all cost-related data.Assist with audits and ensure the integrity of financial and cost-related information.Collaboration & Cross-functional Support:Collaborate with the production, procurement, and supply chain teams to ensure accurate costing and financial reporting.Provide cost analysis and insights to support decision-making in production planning, pricing, and product development.Support the finance team in month-end closing activities, including the preparation of journal entries and account reconciliations.ERP System Management:Ensure that the cost accounting data in the company’s ERP system is accurate and up-to-date.Assist in system upgrades or implementations as needed, ensuring the cost accounting function is fully integrated.Qualifications & Skills:Bachelor’s degree in Accounting, Finance, or a related field.10 years of experience in cost accounting, preferably in a manufacturing environment.Strong understanding of cost accounting principles, GAAP, and financial reporting.Proficiency in ERP systems and Microsoft Excel for data analysis and reporting.
