Cost Accounting Analyst

Job Description

<h3>Job Description</h3><p>Job Description<p><p><p>The ideal candidate must be actively Pursuing The Chartered Professional Accountant </p><p></p><p></p><p></p><p>This Position is on Site 5 days per week</p><p></p><p><strong>Full job description</strong></p><p><br />The ideal candidate will be responsible for analyzing costs and providing insights that drive financial decision-making within the organization. This role requires a strong understanding of financial concepts, accounting principles, and proficiency in various accounting software. The Cost Analyst will play a key role in budgeting, forecasting, and financial reporting while ensuring compliance. Must have SAP, for data collection and reporting.</p><p><strong> </strong></p><p><strong> </strong></p><p><strong> </strong></p><p><strong>Responsibilities</strong></p><p>Conduct thorough cost analysis to identify trends, variances, and opportunities for cost reduction.</p><p>Prepare detailed financial reports and presentations to communicate findings to management.</p><p>Collaborate with cross-functional teams to gather data for budgeting and forecasting processes.</p><p>Monitor cash flow and assist in cash flow analysis to ensure financial stability.</p><p>Perform account reconciliations including balance sheet reconciliation and general ledger reconciliation.</p><p>Analyze accounts payable and accounts receivable to optimize cash management.</p><p>Utilize ERP systems and accounting software such as SAP, for data collection and reporting.</p><p>Analyzing changes in COGS due to product design, raw materials, <span >operational/manufacturing</span> methods, to determine effects on cost</p><p>Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs</p><p>Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.</p><p><strong> </strong></p><p><strong> </strong></p><p><strong>Skills</strong> <strong>& Qualifications</strong></p><p>Strong knowledge of financial concepts including budgeting, forecasting, cost management, and cash flow analysis.</p><p>Proficiency in accounting software such as SAP.</p><p>Minimum of 2 solid years of Cost Accounting in a Manufacturing Environment</p><p>Must have a strong Cost systems background, have excellent analytical skills; sound understanding of accounting principles.</p><p>University Degree or College Diploma and Actively pursuing CMA / CGA Designation, or equivalent experience.</p><p></p><p>The Company provides a very good benefit Package</p></p></p></p>