Requirements
Bachelor’s degree in Commerce, Accounting, Finance, or a related field.4–7 years of relevant experience, with strong experience in cost accounting within a manufacturing environment.Strong knowledge of standard costing, actual costing, BOMs, manufacturing overhead allocation, inventory valuation, and variance analysis.Good understanding of raw material, WIP, and finished goods inventory accounting.Experience with ERP systems; Odoo experience is highly preferred.Advanced Microsoft Excel skills.Strong analytical, numerical, and problem-solving skills with excellent attention to detail.Ability to understand factory operations and translate operational performance into financial impact.Strong communication skills and ability to work effectively with operational departments.Previous experience in plastics, rubber, extrusion, or similar manufacturing industries is an advantage.CMA or equivalent certification is considered a plus.
Description
The Senior Cost Accountant is responsible for overseeing and controlling operational, production, and financial costs across Intertrade’s manufacturing operations. The role combines responsibilities of cost accounting, budgeting, financial control, and operational performance analysis to ensure accurate cost tracking, efficient resource utilization, and profitability improvement.The Senior Cost Accountant plays a key role in supporting management decision-making by providing reliable financial and operational analysis related to production, materials, inventory, efficiency, waste, and budgeting. The position acts as a central link between Finance, Production, Planning, Purchasing, Warehouse, and Operations to strengthen financial control and operational performance across the factory.Key ResponsibilitiesRecord, monitor, and analyze all production costs, including raw materials, direct labor, utilities, and manufacturing overhead.Prepare and maintain accurate product cost sheets for manufactured products.Calculate and analyze standard cost vs. actual cost variances and investigate significant deviations.Review material consumption and compare actual usage against production output and BOM standards.Monitor scrap, waste, rework, and production losses and evaluate their operational and financial impact.Calculate and analyze manufacturing KPIs such as cost per unit, material yield, cost variance, waste %, production efficiency, and machine utilization impact on cost.Ensure proper allocation of costs across products, departments, machines, and cost centers.Analyze operational expenses and identify abnormal costs, inefficiencies, and cost-saving opportunities.Support management in evaluating product profitability, margins, pricing decisions, and factory performance.Support the preparation and monitoring of operational and departmental budgets.Track actual spending against budgets and investigate cost overruns and significant variances.Participate in forecasting and financial planning related to production and operations.Prepare monthly cost control, variance, and operational performance reports for management review.Reconcile raw materials, WIP, and finished goods inventory between ERP, Warehouse, Production, and Finance records.Monitor inventory transactions, material consumption, and material movements through Odoo ERP.Participate in physical stock counts and cycle counts and investigate discrepancies between physical and system inventory.Ensure all cost-related transactions are accurately recorded, traceable, and properly supported by documentation.Work closely with Production, Planning, Purchasing, Warehouse, Quality, and Finance to improve cost accuracy and operational efficiency.Provide management with analytical reports and actionable recommendations to support operational and strategic decision-making.Identify and support cost reduction and continuous improvement initiatives across factory operations.Participate in improving costing systems, ERP workflows, reporting structures, and internal controls.Support management in evaluating operational performance and factory efficiency trends.