Cost and Monitoring Accountant at Steel & Tube

Job Description

The Cost and Monitoring Accountant will be responsible for developing and maintaining cost accounting systems, analysing production costs, and monitoring financial performance to ensure profitability.

Experience:
• 5+ years

Qualifications:
• Bachelor’s degree in Accounting, Finance, or related field; CPA or CMA certification preferred

Responsibilities:
• Develop and maintain cost accounting systems, including standard costing, variance analysis, and inventory valuation.
• Analyze production costs and prepare cost reports, including cost of goods sold, gross margin analysis, and product profitability.
• Monitor financial performance and identify areas for improvement, such as cost reduction opportunities and process improvements.
• Collaborate with production and operations teams to identify and implement cost-saving initiatives.
• Prepare monthly financial reports, including income statements, balance sheets, and cash flow statements.
• Perform cost-benefit analysis of new products and initiatives, and provide recommendations to senior management.
• Ensure compliance with all accounting principles, standards, and regulations.
• Participate in the budgeting and forecasting process, and provide input on financial performance metrics.
• Develop and maintain relationships with external auditors and other stakeholders

Authority:
• Reports to the Finance controller

Interfaces: (titles of people you deal with, e.g., from other departments, sections, customers)
• Heads of department
• Procurement Team,
• Plant and Factory Managers

Safety:
• Ensure cleanliness in and around the workplace.
• Facilitate security of company staff and property.
• Promote health and safety at the workplace.
• Encourage teamwork for the purpose of a smooth and prosperous management
• Help create a culture and atmosphere of hard work and high personal integrity.
• Safeguard the company’s systems and Terms and Conditions of employment.