Senior Costing Accountant
Role Overview
Perform product costing, manufacturing cost accounting, inventory valuation, and cost analysis to support accurate financial reporting and operational decisions.
Key Skills for This Role
Full Job Posting
Job purpose
Perform product costing, manufacturing cost accounting, inventory valuation, and cost analysis to support accurate financial reporting and operational decisions.
Product costing and cost control
- Own product costing, including standard costs, bills of materials, routings, labor rates, and overhead allocations.
- Perform cost roll-ups and reviews, analyze actual-to-standard variances, and assess material use, labor efficiency, scrap, rework, and overhead.
- Identify cost-reduction opportunities and support manufacturing efficiency improvements.
Inventory and financial reporting
- Manage inventory valuation, work-in-progress, production order settlements, and manufacturing inventory accounting.
- Review inventory movements and adjustments; support month-end and year-end close.
- Prepare manufacturing cost reports, inventory reconciliations, and management analyses.
Analysis and business partnering
- Analyze manufacturing variances and support budgets, forecasts, cost plans, and corrective actions.
- Partner with production and cross-functional teams on costing, inventory accuracy, and operational performance.
- Provide analysis for new products and process improvements and explain cost movements to management.
Controls and improvement
- Maintain costing and reconciliation documentation and support audits and inventory counts.
- Comply with accounting standards, company policies, internal controls, and relevant safety and quality procedures.
- Review processes and identify opportunities to improve controls, automate reporting, and strengthen data accuracy.
Qualifications and experience
- Bachelor’s degree in Accounting and Finance or a relevant field.
- 4 to 6 years of work experience.
- Technical or functional competencies include financial accounting, reconciliation, and financial reporting.
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