Job description: Cost Accountant Bakson Group is well equipped to provide a high quality of personalized care for all your health and medical requirements. The Cost Accountant will be responsible for overseeing and analyzing the cost structure of the company\'s operations. This includes managing and maintaining cost accounting systems, performing cost variance analysis, and working closely with the production and finance teams to ensure accurate costing and financial reporting. The role aims to improve cost efficiency and support strategic decision-making processes. Key Responsibilities:1. Cost Analysis and Reporting:
Develop, maintain, and analyze cost accounting systems.
Prepare regular cost reports and financial statements.
Analyze production costs, labor expenses, and material costs to identify trends and variances.
Provide detailed cost analysis for new product launches and existing product lines.
2. Budgeting and Forecasting:
Assist in the preparation of budgets and forecasts.
Monitor budget performance and prepare variance reports.
Collaborate with department heads to develop cost-effective strategies.
3. Inventory Management:
Oversee inventory valuation and control.
Conduct regular physical inventory counts and reconcile discrepancies.
Ensure accurate recording of inventory transactions.
4. Process Improvement:
Identify areas for cost reduction and process improvements.
Implement best practices in cost accounting and financial reporting.
Participate in cross-functional teams to optimize production efficiency.
5. Compliance and Audit:
Ensure compliance with internal controls, policies, and procedures.
Support internal and external audits by providing required documentation and explanations.
Maintain accurate and organized financial records.
6. Financial Analysis:
Perform financial analysis to support business decisions.
Provide insights on cost drivers and profitability.
Assist in pricing strategies and margin analysis.
Qualifications:
Education: CMA (ICWA).
Experience: Minimum of 4-5 years of cost accounting experience in a manufacturing environment, preferably in the pharmaceutical industry.
Skills:
Strong analytical and problem-solving abilities.
Proficiency in cost accounting software and ERP systems (e.g., SAP, Oracle).
Advanced Excel skills and familiarity with financial modeling.
Excellent communication and interpersonal skills.
Attention to detail and high level of accuracy.
Ability to work independently and as part of a team.
Knowledge of GAAP and regulatory requirements.
Job Type: Full-time Pay: \xe2\x82\xb940,000.00 - \xe2\x82\xb960,000.00 per month Benefits:
Cell phone reimbursement
Commuter assistance
Health insurance
Internet reimbursement
Provident Fund
Schedule:
Day shift
Monday to Friday
Supplemental pay types:
Yearly bonus
Work Location: In person
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