Perform risk analysis and provide recommendations for internal control enhancements; provide effective analysis and understanding of COGS actual results, budget development and variance reporting to senior management by developing insightful reporting.
Analyze purchase price variance, material usage and labor variances and make recommendations from the analysis. Generate weekly cost of goods sold and other costing reports and make recommendations from the data.
The Cost Accountant is responsible for the accurate costing of raw materials, WIP & finished goods within the Companys ERP system. This includes monthly maintenance of standard costs, correction of costing errors, setting up new part numbers and the annual standard setting of labor and overhead rates. The ability to analyze, investigate and make proper conclusions of unusual inventory activity or inconsistencies is critical.
Ensure sound costing in adherence to financial legal requirements and nas. Ensure compliance of factory with nestle regulations and best practices through leading the compliance network in the factory.