Financial Planning Specialist
4 days ago
The Cost Analyst plays a pivotal role in providing valuable insights for decision-making and maintaining financial accuracy within the organization. This role involves meticulous review of monthly job costing, stock assessments, and collaboration with various departments to prepare accurate forecasts, budgets, and cash flow projections.
About the Role
This position is responsible for investigating and following up on material variations, developing scorecard reports, and reviewing monthly job costing reports. Additionally, the successful candidate will conduct monthly stock reviews, support the accountant during the monthly closure process, and prepare quarterly reports for internal and external audits.
Key Responsibilities
- Investigate and follow up on the largest material variations identified on weekly reports.
- Develop and maintain scorecard reports to track key performance indicators related to costs and financial performance.
- Review and analyze monthly job costing reports to track actual costs against budgeted costs.
- Conduct monthly stock reviews to ensure accurate valuation and reporting.
- Support the accountant during the monthly closure process.
- Prepare quarterly reports required for internal and external audits.
- Involvement in standard cost preparation and preparation of underlying data and analysis.
- Coordinate inventory-related activities with management and Inventory Control, including analysis, reporting, cycle count activities; inventory adjustment needs; and ensuring overall inventory accuracy.
- Multi-department cooperation to ensure timely and accurate inventory processing.
- Perform ad-hoc duties as assigned.
Requirements and Qualifications
To be successful in this role, you should have good command of English, strong interpersonal skills, and strong cost accounting knowledge. A minimum of 3 years of experience in accounting/finance, preferably in manufacturing cost accounting, is also required. Additionally, experience with intercompany profit and inventory management, advanced proficiency in Microsoft Excel, and knowledge/experience in Oracle ERP system are highly desirable.
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