Cost Accounting Assistant

Job Summary

Additionally, the role assists in supervising the cost accounting team and upholding company policies and standards.

Key Responsibilities

• Consolidation and Reporting: Prepare and consolidate cost of sales and inventory reports for raw materials and packaging materials (RMPM) across all GBPI plants and toll manufacturers.
• Variance Analysis: Analyze and validate consumption and inventory reports, highlighting significant variances for resolution.
• Journal Review: Review and approve journal entries related to cost of sales, ensuring accuracy and compliance.
• Cost Analysis: Prepare monthly cost analysis reports and compute average product costs to support financial planning.
• Toll Manufacturer Monitoring: Review toll fee billings and evaluate production reports, including Gross Profit (GP), cripples, exchange reports, and bread allocations for GBPI and toll manufacturers.
• Inventory Oversight: Supervise and participate in month-end, quarterly, and year-end physical inventory counts for RMPM, spare parts, consumables, trade items, and finished goods.
• Disposal Cost Review: Validate costs related to the disposal of RMPM, spare parts, consumables, and finished goods.

• Management Reporting: Assist in preparing and reviewing the monthly Management Reporting Package (MRP).
• Budget Preparation: Support the cost section in budgeting and forecasting processes.

• Safety and Compliance: Actively participate in safety, health, and environmental programs while promoting adherence to good housekeeping practices.
• Resource Accountability: Maintain responsibility for company-provided equipment and materials.
• Other Tasks: Undertake additional duties as assigned by management.

Qualifications

• Bachelor’s degree in Accountancy or equivalent.

• Proficient in Microsoft Excel, Word, and PowerPoint.
• Familiarity with Oracle systems is an advantage.

• At least 2 years of experience in a similar role.
• Strong knowledge in:
• Preparation and analysis of financial statements.
• Cost of sales and inventory reconciliation.

• Excellent interpersonal and communication skills, both written and verbal.
• Strong analytical and problem-solving abilities.
• Familiarity with ISO, HACCP, and HALAL standards is preferred.