Costing Specialist

Posted:
5/8/2025, 1:41:22 PM

Location(s):
Shanghai, China

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Accounting

•    To provide efficient handling of costing activities, the general accounting activities of branch.
•    To ensure compliance with IFRS, local legislation and Sandvik processes and regulations in the accounting area.

Main Responsibilities

  • Develop the ways of working in costing and general accounting area.

  • Costing calculation and profitability check, including but not limited to standard costing, provision & accruals, inventory valuation, etc. to ensure all the cost items are timely booked and financial reports are accurately stated.

  • Monitor warranty, overdue, OSMI, claims, consignment stock, etc. and ensure accounting hygiene.

  • Support on implementation of group financial reporting policies and procedures on Division level.

  • Work closely with operation team to validate all the open projects as well as jobs and ensure the Orders / WIP are well tracked.

  • Performs general accounting activities of branch, including the preparation, maintenance and reconciliation of ledger accounts and financial statements such as balance sheets, profit-and-loss statements and capital expenditure schedules.

  • Prepares, records, analyzes and reports accounting transactions and ensures the integrity of accounting records for completeness, accuracy and compliance with accepted accounting policies and principles.

  • Conducts or assists in the documentation of accounting projects.

  • Special projects when required.

Required Competencies

  • Finance and Accounting knowledge

  • Good learning capability

  • Can-do attitude

  • Attention to detail

  • Effective communication

  • Sandvik Business understanding

  • Analytical thinking

  • Problem solving

  • Accountability

  • Teamwork

  • Good English skills

  • 3+ years relevant work experiences, preferably from multinational company

  • Bachelor degree majored in Accounting / Finance or Equivalent work experience