Job Openings
Cost Accountant
About the job Cost Accountant
JOB RESPONSIBILITIES:
- Prepare detailed cost reports that include material, labour, and overhead costs associated with precious metals recycling processes.
- Lead and reconcile inventory records for raw materials, work-in-progress, semi-finished goods, and finished goods while ensuring accurate valuation of precious metals.
- Perform regular inventory reconciliations by comparing physical counts with ERP system data and investigate and resolve any variances.
- Contribute to the development of budgets and forecasts for production costs, identify variances, and recommend corrective actions.
- Collaborate with operations teams to improve inventory accuracy and streamline related processes.
- Support internal and external audits by providing documentation and analysis related to inventory, costing, and compliance.
- Coordinate with Business Development teams to track supplier costs and evaluate the cost-effectiveness of raw material sourcing.
- Analyze production data to identify cost trends, assess material yields, and evaluate the profitability of recycling operations.
- Assist in the monthly financial closing process, including inventory valuation, cost allocation, and account reconciliations.
- Generate reports on cost variance and margin analysis to identify opportunities for cost improvement.
- Provide financial insights and ad-hoc reports to management to support strategic initiatives.
- Apply knowledge of Incoterms to ensure accurate landed cost calculations and assess risk allocation in supplier agreements and international shipments.
JOB REQUIREMENTS & QUALIFICATIONS:
- Bachelors degree in Accounting, Finance, or a related field.
- Professional certifications (e.g., ACCA, CPA, or CMA) are a plus.
- Familiarity with Incoterms (e.g., FOB, CIF, DDP).
- 2-4 years of experience in cost accounting, preferably in the manufacturing, recycling, or precious metals industry.
- Strong knowledge of cost accounting principles and inventory management.
- Proficiency in accounting software (Deskara & Autocount & ERP).
- Advanced Excel skills for data analysis and reporting.
- Analytical mindset with attention to detail and problem-solving skills.
- Ability to work independently and collaborate with cross-functional teams.