Manufacturing Cost Accountant Specialist
3 weeks ago
At The Legends Agency, we are seeking a highly skilled Manufacturing Cost Accountant to join our finance team.
Job Description:We are looking for an experienced professional to manage and oversee all aspects of factory cost accounting, including cost management, budgeting, forecasting, inventory management, and financial reporting. The ideal candidate will have expertise in SAP, stock counts, and a CIMA qualification with a focus on manufacturing.
Main Responsibilities:- Monitor and control manufacturing costs to ensure they are within budgeted limits.
- Analyze cost variances and implement corrective actions to address deviations.
The successful candidate will also be responsible for preparing and managing annual budgets and financial forecasts, generating accurate and timely financial reports related to manufacturing costs, budget adherence, and other key metrics.
Additionally, the role involves overseeing UF inventory levels, ensuring accurate valuation, conducting regular inventory reviews and adjustments to maintain accuracy, and supporting the assessment and preparation of Capital Expenditure (Capex) projects.
In this challenging role, you will have the opportunity to identify and implement cost-saving measures and process efficiency improvements, as well as recommend and drive changes to improve cost management practices.
Key Performance Indicators (KPIs):- Cost Variance: Measure and manage the difference between budgeted and actual costs.
- Inventory Turnover Ratio: Track how often inventory is sold and replaced over a specified period.
- Product Cost: Ensure accuracy of product costing and alignment with Bill of Materials (BOMs).
- Budget Accuracy: Assess the degree to which actual spending aligns with the budgeted figures.
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{"title": "Manufacturing Specialist"}
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