Cost Accountant & Inventory controller

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.