Senior Financial Accountant and Cost Manager
5 days ago
We are seeking a highly skilled Senior Financial Accountant and Cost Manager to join our team at Icds Recruitment Consultants Ltd.
Job DescriptionAbout the Role
The Senior Financial Accountant and Cost Manager will be responsible for preparing journal entries related to manufacturing accounting to support accurate and timely financial statements in accordance with US GAAP and corporate financial policies. This will include preparing account reconciliations to ensure proper balance sheet valuation, with appropriate accounting treatment for potential risk.
In addition, the successful candidate will be responsible for margin variance analysis (including PPV, Production and Absorption variances) and monitoring variances to standard cost and investigating significant differences.
The role will also involve participating in other monthly close activities in the area of responsibility, including calculating standard costing of products in SAP, reviewing updates to BOMs, Routings, etc., as necessary.
Key Responsibilities- Financial Reporting: Prepare accurate and timely financial reports, including income statement and balance sheet.
- Cost Accounting: Implement cost accounting procedures to ensure accurate tracking and reporting of costs.
- Financial Analysis: Conduct financial analysis to identify trends and areas for improvement.
- Process Improvement: Identify opportunities for process improvement and implement changes to increase efficiency and effectiveness.
- Leadership: Provide leadership and guidance to junior staff members.
To be successful in this role, you will need:
- A professional accounting qualification (ACCA/CIMA/ACA).
- Minimum 5 years' experience in cost accounting, preferably within a manufacturing environment.
- Excellent analytical and problem-solving skills.
- Ability to work accurately and efficiently under pressure.
- Strong communication and interpersonal skills.
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