Cost Accountant & Inventory controller
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Key skills for this role
About the Role
Analyze cost data, oversee inventory control, conduct financial reporting, and support audits while requiring a Bachelor's degree and proficiency in accounting software.
Key Skills for This Role
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Overview
- Analyze and interpret cost data, preparing reports to pinpoint areas of cost reduction and efficiency gains, providing actionable insights for management.
- Oversee inventory valuation and control, ensuring accuracy in inventory records and implementing strategies to minimize obsolescence and shrinkage.
- Conduct monthly, quarterly, and annual closing activities, including the preparation of journal entries, reconciliations, and financial statements related to cost accounting and inventory.
- Develop and maintain standard costs for materials, labor, and overhead, and analyze variances to identify and address discrepancies.
- Manage and reconcile inventory transactions, including receipts, issues, and adjustments, to maintain accurate inventory levels.
- Participate in physical inventory counts and cycle counts, investigating and resolving any discrepancies found.
- Collaborate with production, purchasing, and sales teams to gather data and provide costing information for decision-making.
- Develop and implement inventory control procedures and policies, ensuring adherence to best practices and regulatory requirements.
- Prepare cost analyses for new products, projects, or processes, providing valuable information for pricing decisions and profitability assessments.
- Support internal and external audits, providing necessary documentation and explanations related to cost accounting and inventory.
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