Cost Accountant

Role & responsibilities

• Implementing cost standards for materials and labor
• Recovery Analysis of the product
• Process costing of the plant
• Determine the standard cost and compare it with the actual cost to determine the variances.
• Ascertains the reasons for the occurrence of these variances for taking suitable action.
• Other reporting requirements as advised from time to time.
• Reconciling beginning raw materials, work-in-progress and finished-goods stock
• Analyzing organizational data and assessing rates of labour & overhead.
• Updating and preparing monthly or quarterly reports for senior management.
• Submitting costing reports to management every month or quarter
• Guiding costing staff by answering questions and coordinating activities
• Monthly MIS for costing.
• Monthly Average Cost of all processes
• Submission of yield report monthly.
• Monitor and review data and information to detect and assess problems and make recommendations to resolve issues
• Identify variances between actual and budgeted financial results at the end of each reporting period
• Should have knowledge of cost reduction programme control

Preferred candidate profile

Candidate should have experience into the cost accountancy with relevant experience

Perks and benefits

Medical benefits

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