Senior Cost Accountant

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Senior Cost Accountant

  •   1 Vacancy
  • 101 Views

Experience

5 Year

Employee type

Full Time

Position

Intermediate

Offer Salary

Attractive

Job Description

The Senior Cost Accountant plays a key role in ensuring production cost efficiency and financial performance. The position focuses on monitoring, analyzing, and controlling production and operational costs.

Key Responsibilities

Cost Monitoring & Analysis

  • Monitor and analyze production costs, including raw materials, labor, and manufacturing overhead.
  • Track and review operational expenses to ensure cost efficiency.
  • Identify cost drivers and recommend improvements.

Cost Records & Inventory Management

  • Develop, maintain, and update cost sheets and cost records.
  • Ensure accurate inventory valuation and costing systems.
  • Conduct cost reconciliations regularly (monthly, quarterly, annually).

Budgeting & Variance Analysis

  • Compare actual costs against budgets and standard costs.
  • Perform variance analysis and clearly explain deviations.
  • Recommend corrective actions to address cost overruns.

Reporting & Decision Support

  • Prepare detailed cost reports for management.
  • Analyze cost trends and highlight cost-saving opportunities.
  • Assist in setting standard costs and contribute to pricing strategies.

Audit & Compliance

  • Support internal and external audits related to cost and inventory accounting.
  • Ensure compliance with company policies and accounting standards.
  • Strengthen internal controls related to cost accounting.

Cross-Department Collaboration

  • Work closely with production, procurement, and finance teams to ensure accurate cost tracking.
  • Participate in budgeting, forecasting, and financial planning activities.

Risk Management

  • Identify financial and operational risks related to cost management.
  • Propose practical mitigation measures to improve efficiency and profitability.

Additional Duties

Perform other duties assigned by the immediate supervisor.

Educational Qualification

BA Degree in Accounting & Finance or related field.

Experience

  • 5–7 years of experience in cost accounting or cost control.
  • Manufacturing industry experience is strongly preferred.
  • Practical experience in budgeting, forecasting, and production cost monitoring.

Required Skills

  • Strong knowledge of cost accounting and inventory control systems.
  • Good understanding of production processes.
  • Proficiency in ERP systems.
  • Advanced Microsoft Excel skills.
  • High integrity, confidentiality, and professionalism.
  • Strong analytical and problem-solving ability.

How to Apply

Interested and qualified candidates are invited to submit:

  • Application letter
  • Updated CV
  • Supporting academic and experience credentials

📧 Email: dedevacancy1@gmail.com

Please clearly write “Senior Cost Accountant” in the subject line of your email.

Only shortlisted candidates will be contacted.Key Responsibilities

Skills
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