Cost Accounting Supervisor

COST ACCOUNTING SUPERVISOR

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.

• Minimum 3 years of experience in Cost Accounting / Costing, preferably at Supervisor level in a manufacturing industry.

• Strong understanding of Cost Accounting and Manufacturing Accounting processes.

• Experienced in calculating and analyzing Cost of Goods Manufactured (COGM) and Cost of Goods Sold (COGS).

• Experienced in standard costing, actual costing, cost variance analysis, and cost control.

• Experienced in product cost calculation, price setting, and cost variance analysis.

• Good understanding of manufacturing processes, production costs, direct and indirect costs, overhead allocation, and inventory costing.

• Able to analyze material, labor, and manufacturing overhead costs and identify cost variances.

• Strong analytical, problem-solving, leadership, and teamwork skills.

• Good knowledge of Microsoft Office, especially Microsoft Excel.

• Fluent in English, both oral and written.

Job Description

• Supervise and review daily cost accounting activities and ensure the accuracy and completeness of cost-related financial data.

• Calculate and analyze product costing, COGM, and COGS based on production activities and financial data.

• Prepare and maintain standard cost and actual cost calculations for products.

• Analyze cost variances between standard and actual costs, including material, labor, and manufacturing overhead variances.

• Monitor and control manufacturing costs to support cost efficiency and profitability.

• Review and control product price setting based on cost structure, production costs, and other relevant factors.

• Analyze production costs and provide recommendations for cost reduction and cost improvement.

• Monitor and analyze inventory valuation, material consumption, and production-related costs.

• Prepare and analyze monthly cost accounting reports and provide insights regarding cost performance and variances.

• Check and verify financial transactions and accounting records related to manufacturing and cost accounting activities.

• Support the preparation and analysis of forecast and actual financial reports, particularly those related to manufacturing costs and profitability.

• Coordinate with Production, Purchasing, Warehouse, Finance, and other related departments to ensure accurate cost data and proper cost allocation.

• Supervise, guide, and evaluate the performance of the Cost Accounting team.

• Ensure compliance with applicable accounting policies, company procedures, and internal controls.

• Support the accounting closing process and ensure timely completion of monthly and annual closing activities.

• Perform other accounting and financial analysis tasks as assigned by management.

Preferred Qualifications

• Experience in electronics, electrical, automotive, medical device, or other discrete manufacturing industries is preferred.

• Experience using ERP systems and accounting systems.

• Experience in budgeting, forecasting, and financial analysis is an advantage.

• Experience in cost reduction / cost-down projects is an advantage.