Senior Cost Accountant

2 months ago

กรงเทพมหานคร, Thailand Ouster Full time

Several years of cost-estimating experience (standard setting or forecasting), as well as knowledge of accounting software, especially invoicing and month-end close tools is required.

**Responsibilities**
A key member of the accounting and finance team who will be responsible for all cost accounting-related functions.

Key Activities include:

- Driving the standard cost setting process in the ERP system - updating standard costs on a quarterly or semi-annual basis and as required by policy, which includes the review and analysis of material, direct & indirect labor, subcontractor cost, and other overhead costs incurred in the operating department.
- Running the inventory accounting process and cost set up in the accounting system
- Inventory Control
- Collaborating with Operations to run cycle counting and physical inventory counts and monitoring variances
- Reviewing Operations control process to track and highlight any issues, working with Operations
- Inventory transaction accounting
- Monitoring accounting (ERP) system transactions and ensuring system set up to account for inventory correctly and enable reporting
- Process Accounting entries related to inventory Movements including Intercompany material movement
- Ensuring integrity of the accounting relating to Inventory transactions reconciling Inventory and Accrual balances related to Inventory
- Other Cost of Goods Sold / Variance Accounting
- Responsible for COGS Reserve calculations, such as
- Excess and Obsolete (“E&O”)
- Warranty
- Responsible for tracking variances, including
- Purchase Price Variance
- Work order variance
- Perform month-end / Quarter / Year end close activities including
- the preparation and review of inventory module close, journal entries, account reconciliation, and analysis of results along with required documentation and back up to satisfy External and Internal auditing
- Coordinate with both external and internal auditors to complete financial audits and quarterly reviews
- Support the Controller in managerial reporting and SEC filings and other ad hoc projects as needed
- Process Improvement
- Maintain and improve cost accounting processes. Provide input and recommendations for streamline processes and update the cost accounting policies and procedures
- Draft or update accounting process and technical memos related to cost accounting (e.g., E&O reserve, standard cost revision, warranty reserve).
- Analysis
- Provide detailed analysis of financial data, key performance Indicators for manufacture overall performance.
- Contribute to the annual and mid-year financial planning processes.
- Perform ad hoc analysis to anticipate trends, explain actual vs. prior period vs. forecast results from operations.
- Collaborate with purchasing and fulfillment team on operational issues.

**Requirements**:

- Bachelor’s degree in accounting or finance (CPA or other professional certification (e.g., Cost Management certification) is preferred)
- 5+ years of experience with progressive cost accounting roles, preferably in a public company or auditing/accounting firm
- Possess a solid understanding of workflows and systems
- Experience with an ERP system such as NetSuite or Oracle (Netsuite is preferred)
- Proficient in Microsoft Office products (Excel, Word, PowerPoint and Outlook) with advanced Excel skills and creative ability to use them
- Ability to work independently, coordinating priorities to meet deadlines. Must have the ability to set own pace and prioritize multiple projects and deadlines and adapt to changing work priorities
- Strong work ethic, capacity to get projects complete independently, and consistent performance with a sense of urgency and commitment
- Proactive and creative approach to problem-solving
- Demonstrate ability to work well with accounting and finance team globally
- Communicate effectively with management and business partners
- Strong fluency in English; ability to effectively interact, verbally and in writing

**Education**
- Bachelor’s degree in Accounting or Finance
- MBA or CPA (or other Professional Qualification) is preferred

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