About this role
<p>.</p><div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Job Purpose</H2> </div><div><p>To perform manufacturing cost accounting, inventory accounting, and cost analysis while ensuring accurate financial reporting and effective manufacturing cost control.</p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Accountability Areas</H2> </div><div><p>Manufacturing Cost Accounting:</p> <ul> <li>Record, review, and validate manufacturing cost transactions related to materials, labor, overheads, scrap, rework, and production orders.</li> <li>Support product costing activities, including standard cost maintenance, BOM costing, routing cost validation, and cost roll-up support.</li> <li>Monitor cost allocation to production orders, cost centers, and manufacturing activities.</li> <li>Support monthly cost closing activities and ensure accurate cost reflection in financial records.</li> </ul> <p>Inventory & Material Cost Control:</p> <ul> <li>Support inventory valuation, material consumption analysis, and stock movement validation.</li> <li>Review material usage against BOM and highlight abnormal consumption, wastage, or variance.</li> <li>Support inventory reconciliations between system records, production reports, and physical stock.</li> <li>Assist in cycle counts, stock takes, inventory adjustments, and related variance investigation.</li> </ul> <p>Production Variance Analysis:</p> <ul> <li>Analyze material, labor, overhead, scrap, rework, and underutilization variances.</li> <li>Prepare variance reports by product, production line, cost center, and manufacturing area.</li> <li>Coordinate with production, planning, warehouse, and engineering teams to understand variance drivers.</li> <li>Highlight unusual cost movements and escalate risks to finance and factory management.</li> </ul> <p>Manufacturing Performance Reporting:</p> <ul> <li>Prepare regular reports on production cost, conversion cost, material cost, labor efficiency, overhead absorption, scrap, rework, and factory utilization.</li> <li>Support preparation of cost bridges, cost trend analysis, and manufacturing KPI dashboards.</li> <li>Provide accurate financial inputs for factory performance reviews and management reporting.</li> <li>Track actual manufacturing cost against budget, standard cost, and forecast.</li> </ul> <p>Month-End Closing Support:</p> <ul> <li>Support month-end and year-end closing activities related to manufacturing cost accounting.</li> <li>Validate production order settlement, cost center postings, inventory movements, and accruals.</li> <li>Prepare supporting schedules for manufacturing cost, inventory, and variance accounts.</li> <li>Ensure closing tasks are completed accurately within tight reporting timelines.</li> </ul> <p>Controls, Compliance & Audit Support:</p> <ul> <li>Follow approved costing policies, internal controls, SOPs, and approval workflows.</li> <li>Support internal and external audit requirements related to inventory, costing, and manufacturing expenses.</li> <li>Maintain proper documentation for cost calculations, reconciliations, and variance explanations.</li> <li>Identify control gaps in manufacturing cost recording and escalate for corrective action.</li> </ul></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Role Accountability</H2> </div><div><p>HR Proficiency:</p> <ul> <li>Ability to obtain updated soft and technical skills related to the job.</li> </ul> <p>Delivery:</p> <ul> <li>Perform the planned activities to meet the operational and development targets as per delivery schedules.</li> <li>Utilize resources effectively to achieve objectives within efficient cost and time.</li> <li>Provide a periodic report formatted by detailing the deviation and execution of planned tasks.</li> </ul> <p>Problem-Solving:</p> <ul> <li>Solve any related problems arise and escalate any complex operational issues.</li> </ul> <p>Quality:</p> <ul> <li>Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.</li> </ul> <p>Business Process Improvements:</p> <ul> <li>Coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.</li> </ul> <p>Compliance:</p> <ul> <li>Comply to related policy and procedures and work instructions.</li> </ul> <p>Health, Safety, and Environment:</p> <ul> <li>Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.</li> </ul></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Academic Qualification</H2> </div><div><div>Bachelor Degree in Accounting and Finance or Any relevant field</div></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Work Experience</H2> </div><div><div>2 to 4 Years</div></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Technical / Functional Competencies</H2> </div><div><div>Cost Accounting</div><div>Cost Accounting Best Practices</div><div>Cost Accounting Systems</div><div>Cost Analysis</div><div>Industrial Cost Analysis</div></div></div></div>