Cost Accountant
My client, a semiconductor manufacturer, is seeking a Cost Accountant to support cost accounting initiatives, financial reporting, month-end close, and audit readiness.
Responsibilities:
- Analyze inventory accounting and COGS to ensure accurate and timely financial reporting.
- Maintain and update product cost data, including standard costs, BOMs, and routings.
- Estimate standard costs for new products and input material and packaging costs into SAP.
- Collaborate with operations, engineering, and purchasing to ensure cost and routing data is accurate and aligned with production processes.
- Support inventory management through regular cycle counts, physical inventory audits, and reconciliation to the general ledger.
- Partner with the materials review board to evaluate and maintain reserves for obsolete or excess inventory.
- Prepare and post journal entries; reconcile balance sheet accounts and resolve outstanding items.
- Participate in month-end close activities, ensuring deadlines are met and data is accurate.
- Track capital expenditures and manage project records from approval through asset retirement in SAP.
- Conduct fixed asset audits and manage transfers from construction-in-progress (CIP) to final assets.
- Assist with budgeting and forecasting, including annual standard cost development and variance analysis.
- Prepare labor and overhead rates and allocate site-level spending to appropriate business units.
- Document accounting procedures and internal controls to support compliance and efficiency.
- Contribute to special projects and continuous improvement initiatives as assigned.
Requirements:
- Bachelor's degree in Accounting or Finance
- 1-3 years of cost accounting experience
- Proficiency in SAP
- Strong knowledge of US GAAP and Cost Accounting Standards
FAQs
Congratulations, we understand that taking the time to apply is a big step. When you apply, your details go directly to the consultant who is sourcing talent. Due to demand, we may not get back to all applicants that have applied. However, we always keep your CV and details on file so when we see similar roles or see skillsets that drive growth in organisations, we will always reach out to discuss opportunities.
Yes. Even if this role isn’t a perfect match, applying allows us to understand your expertise and ambitions, ensuring you're on our radar for the right opportunity when it arises.
We also work in several ways, firstly we advertise our roles available on our site, however, often due to confidentiality we may not post all. We also work with clients who are more focused on skills and understanding what is required to future-proof their business.
That's why we recommend registering your CV so you can be considered for roles that have yet to be created.
Yes, we help with CV and interview preparation. From customised support on how to optimise your CV to interview preparation and compensation negotiations, we advocate for you throughout your next career move.