Cost Accountant

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First
Basic information
Job role
Accountant
Career level
Mid Career (2-6 years)
Keywords
Cost Accountant - Accounting - Trading
People
Second
Description
  1. Costing & Inventory Control
    • Prepare and maintain the standard cost of products and update it periodically.
    • Monitor daily production costs and analyze material, labor, and overhead expenses.
    • Ensure accurate inventory valuation and reconciliation between physical and system records.
    • Record and analyze cost variances between actual and standard costs.
    • Monitor waste, scrap, and production losses and report deviations.
  2. Financial Reporting & Analysis
    • Prepare monthly cost reports, variance analyses, and profitability reports by product or department.
    • Support month-end and year-end closing related to inventory and cost accounts.
    • Provide cost-related data and analysis for management decision-making.
  3. Budgeting & Forecasting
    • Assist in preparing annual budgets and cost forecasts for the factory.
    • Monitor actual costs against budgets and report deviations.
  4. Internal Controls & Compliance
    • Ensure compliance with company policies, accounting standards, and internal controls.
    • Participate in internal and external audits related to inventory and cost accounts.
  5. Continuous Improvement
    • Recommend cost reduction initiatives and process improvements.
    • Support operational teams in identifying efficiency opportunities in production and material usage.
Requirements
  • Bachelor’s degree in Accounting, Finance, or a related field from a reputable university.
  • Minimum 3–5 years of experience in cost accounting, preferably in a manufacturing or industrial environment.
  • Strong knowledge of cost accounting principles, standard costing, and inventory control.
  • Proficiency in ERP systems (e.g., SAP, Oracle, or Odoo) and Microsoft Excel.
Third
Company information
Industry
Trading
Area
Heliopolis