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