Cost Accountant

ACCA Careers


Date: 3 weeks ago
City: Karachi
Contract type: Full time
Cost Analysis And Reporting

  • Develop and maintain cost accounting systems and processes.
  • Prepare detailed cost reports for various products, including raw materials, labor, and overhead.
  • Analyze production costs and variances, and provide recommendations for cost control and reduction.
  • Prepare and present monthly, quarterly, and annual cost reports to management.

Budgeting And Forecasting

Assist in the preparation of annual budgets and forecasts related to product costs.

  • Monitor budget performance and provide variance analysis.
  • Collaborate with the production and procurement teams to develop cost estimates for new products.

Inventory Management

  • Monitor and analyze inventory levels, and ensure accurate inventory valuation.
  • Perform regular inventory reconciliations and investigate discrepancies.
  • Implement and maintain standard costing practices.

Financial Analysis

  • Conduct financial analysis to support pricing decisions and profitability analysis.
  • Develop and analyze cost models for new products and production processes.
  • Provide financial support for product development and process improvement initiatives.

Compliance And Controls

  • Ensure compliance with internal controls, accounting standards, and regulatory requirements.
  • Assist with internal and external audits related to cost accounting.
  • Develop and implement cost control policies and procedures.

Qualifications

  • 3-5 years of experience in cost accounting, preferably within the pharmaceutical or pesticides industry.
  • Must have experience of developing P&L of Factory
  • Must have experience in product costing in factory
  • Strong analytical skills and attention to detail.
  • Proficiency in financial software and ERP systems, with specific experience in FIG being an advantage.
  • Excellent communication and collaboration skills.

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