Cost Accounting Specialist

2 days ago

Zhob District, Balochistan, Pakistan beBee Careers Full time
Cost Accounting Specialist
This role involves managing and analyzing financial data to optimize operations. As a Cost Accountant, you will play a key part in the company's financial management. You will be responsible for gathering and analyzing data that affects business decisions. Your expertise will help identify areas for cost reduction and improvement.
The primary responsibilities of this position include:
Data Analysis & Collection (20%)
* Analyze product changes, raw materials, manufacturing methods, or services to assess their impact on costs
* Maintain the cost accounting system and generate insightful reports
* Record actual costs versus standards to facilitate better expenditure control
Cost Monitoring & Reporting (20%)
* Conduct inventory audits and oversee cycle count programs
* Reconcile finished goods and analyze cost variances
* Establish cost standards for materials and labor
Inventory Cost Management (20%)
* Track and reconcile raw materials, work-in-progress, and finished goods stock
* Coordinate physical counts and cycle counts in a warehouse to ensure inventory accuracy
Month-End & Year-End Close Support (20%)
* Assist in closing the general ledger
* Examine production costs and support budget forecasts
* Compare past data for improved future projections
Strategic Cost Improvements (20%)
* Suggest and implement cost-saving strategies
* Drive process improvements and identify operational opportunities
* Collaborate with cross-functional teams to address performance gaps

You need to have:

  • A Bachelor's degree in Accounting
  • At least 2 years of experience in Cost Accounting within a manufacturing or operations environment
  • Strong knowledge of cost systems and excellent analytical skills
  • Advanced Excel skills and proficiency in Outlook and Word
  • Experience with MAPICS or similar manufacturing/production accounting software is advantageous
  • Excellent communication skills and the ability to work with technical and non-technical teams
  • Experience working with engineering and manufacturing personnel on the development and analysis of cost standards
  • Proven ability to prepare accurate and timely financial reports

We offer:

  • An opportunity to influence pricing, profitability, and efficiency directly
  • Closely interacting with production, engineering, and leadership teams
  • Paid professional development opportunities, tuition reimbursement, and in-house training programs

Benefits include:

  • Company-paid dental insurance, term life insurance, and long-term disability insurance
  • Low-cost medical options, prescription, vision, and voluntary insurance
  • A Health Savings Account with generous annual company contributions
  • A 401(k) Retirement Savings Plan with a valuable company matching contribution
  • A Generous Paid Time Off (PTO) program
  • Paid holidays
  • Discounted company products and services
  • A wellness incentive program where you can earn up to $610

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