Cost & Inventory Accountant

Posted:
10/16/2024, 5:00:00 PM

Location(s):
Liaoning, China

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Accounting

Costing & Inventory Accountant

Position Overview

As a Plant Cost Accounting Accountant in a shared services environment, you will be responsible for accounting aspects of costing and inventory for multiple plant locations.

Responsibilities

Cost Accounting:

▪    Deal with all inventories and cost related manual adjustment

    Ensures calculation and review of relevant accruals and reserves, such as obsolete and slow-moving inventory, freight, and other related accruals.

▪   Perform period end close – absorption accounting, PPV capitalization, variance analysis.

▪   Deal with the month-end close process, ensuring all account reconciliations are performed.

▪   Collaborate with finance teams at each plant location to ensure consistent costing practices and policies.

▪   Support internal and external audits and compliance to accounting standards.

▪     Identify areas for process improvement in a shared services environment and develop and implement solutions.

▪   Collaborate with cross-functional teams to streamline processes and enhance efficiency.

▪     Stay updated on industry best practices and technological advancements in cost accounting within a shared services model.

Qualifications

▪     Fully qualified Cost Accountant with 3 – 5 years of relevant experience in accounting for manufacturing locations or have auditing experience in Big Four audit firm.

▪     Proven experience as plant accountant, cost accounting and inventory management, preferably within a shared services or multi-plant environment.

▪   Strong knowledge of cost accounting principles, inventory valuation methods, and financial analysis.

▪   Experience working with ERP systems and advanced MS Excel skills for data analysis and reporting.

▪   Excellent analytical skills with attention to detail and accuracy.

▪     Strong communication and interpersonal skills to collaborate with cross-functional teams and present complex information in a clear and concise manner.

▪   Ability to multitask, prioritize, and meet deadlines in a fast-paced shared services environment.