Cost Analyst

Home to the world's best loved and trusted hygiene, health, and nutrition brands. Our purpose defines why we exist: to protect, heal and nurture in the relentless pursuit of a cleaner, healthier world. We are a global team united by this purpose. Join us in our fight to make access to the highest quality hygiene, wellness, and nourishment a right and not a privilege.

**Finance**:

- Our Finance team is not just another department; we're strategic partners and catalysts for change, who use our expertise to drive sustainable growth and create and protect value for Reckitt. With a strong emphasis on cross-functional collaboration and partnership, our inclusive, diverse and energised team breaks down traditional barriers, enabling you to thrive in a dynamic environment where you and your ideas matter. From leveraging insights and analysis to make data-driven decisions - to spearheading sustainable business practices that contribute to consistent and reliable business growth - we are unwaveringly passionate about making a meaningful impact, and always doing the right thing.

**About the role**:
The purpose of this role is to ensure accurate, timely, and insightful financial information that supports effective business decision‑making. This includes managing all aspects of cost control, budgeting, forecasting, and financial analysis. The role drives cost efficiency through detailed variance analysis, standard cost management, and process improvement initiatives, while ensuring strong compliance with accounting standards and regulatory requirements. Additionally, it safeguards company assets and inventory through rigorous controls, reconciliations, and participation in audits and physical counts, leveraging advanced data analysis tools and ERP systems to enhance financial transparency and operational performance.

**Your responsibilities**:

- Cost Analysis & Reporting: Analyze, monitor, and report on project, departmental, and company-wide costs to support effective financial decision-making.
- Variance Analysis: Perform detailed variance analysis by comparing standard (expected) costs against actual results, identifying root causes and providing actionable insights.
- Budgeting & Forecasting: Support the preparation of annual operating budgets, financial forecasts, and project-based cost models to ensure accurate financial planning.
- Process Improvement: Recommend, implement, and monitor cost-reduction strategies and improvements in operating procedures.
- Data Analysis: Utilize advanced Excel and ERP systems (e.g., SAP) to analyze complex datasets and create financial dashboards.
- Inventory & Pricing: Evaluate inventory expenses and support the definition of pricing structures for products or services.
- Standard Cost Management: Timely establish, maintain, and update standard costs for inventories, including cost estimation for new products.
- Write off process: Manage product destruction and write-off processes in compliance with Thai Revenue Department regulations, ensuring accurate control, reconciliation, and alignment between physical quantities and system records.
- Fixed asset: Control and monitor fixed assets and related project budgets; manage acquisition, capitalization, depreciation, disposal, impairment, and reconciliation in accordance with accounting standards.
- Audit & Compliance: Support internal and external audits, ensuring compliance with internal control policies and relevant accounting and regulatory requirements.
- Month end close activities: Perform cost-related account reconciliations and prepare journal entries to ensure accurate and timely month-end closing.
- Asset & Inventory Control: Participate in fixed asset and inventory counts to verify asset existence, condition, and accuracy of financial records.

**The experience we're looking for**:

- Education: Bachelor’s degree in accounting or finance.
- Experience: Between 3 - 5 years’ proven experience as a cost analyst or cost accountant.
- Technical Skills: Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP, SUMIFS etc) and, often, experience with ERP systems (SAP) and other systems.
- Analytical Abilities: Strong skills in quantitative analysis, financial modeling, and cost accounting principles and problem-solving abilities
- Communication: Ability to communicate financial findings effectively to non-financial stakeholders. Good command of written and spoken in English.
- Working: Aptitude to succeed in a stressful and deadline-oriented environment

**The skills for success**:

- Strong analytical and financial‑modeling skills
- Advanced Excel and ERP (SAP) proficiency
- High attention to detail and accuracy
- Effective communication with cross‑functional teams
- Problem‑solving mindset and process‑improvement focus
- Strong organizational and time‑management skills
- Ability to work under pressure and meet deadlines
- Commitment to compliance, control, and data integrity

**What we offer**:

- With inclusion at th