Cost Accountant
5 months ago
A reputed Chemical Manufacturing company looking for Cost Accountant in Senior Level in well versed Manufacturing sector;
Analyzing manufacturing operations, equipment availability and utilization
**Key activities and responsibilities**
- Designing and implementing cost accounting systems
- Analyse any changes in goods or services provided in order to determine what effect it has on the cost.
- Analyse manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
- Make estimates of new and proposed product costs.
- Provide management with reports that specify and compare factors that affect prices and profitability of products or services.
- Conduct physical inventories and monitor the cycle count program.
- Estimating new product costs
- Recommending cost-effective solutions
- Product costing
- Inventory valuation
- Overheads calculation
- Plant MIS
- Plant Budgets & Forecasts
- Work on product costing for current and proposed products considering all cost elements.
- Review of Bills of material with physical consumption before BOM finalization in system.
- Calculation of process costs for different types of products.
- Calculation of overheads of plant on standard cost method.
- Calculation of overhead rates for allocation to products.
- Review of the variances (Rate and consumption) and reporting of the same.
- Review the inventory and report any anomalies and aged items.
- Prepare Plant MIS with commentary on variances.
- Prepare cost trends for various category of raw materials and highlight any anomalies or unusual trends.
- Prepare Plant budgets.
- Prepare Forecasts
- Any other task as required by Management
**Experience**
- Experience of 4-5 years in Paint/Pharma/Chemical industry.
- Understanding of Standard cost and Process costing.
- Knowledge of ERP (Manufacturing)
**Academic Qualifications**
- ICWA/CA/CPA
Who can join immediately only apply.
Ability to commute/relocate:
- Dubai: Reliably commute or planning to relocate before starting work (required)
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