Job Purpose

To perform manufacturing cost accounting, inventory accounting, and cost analysis while ensuring accurate financial reporting and effective manufacturing cost control.

Key Accountability Areas

Manufacturing Cost Accounting:

• Record, review, and validate manufacturing cost transactions related to materials, labor, overheads, scrap, rework, and production orders.
• Support product costing activities, including standard cost maintenance, BOM costing, routing cost validation, and cost roll-up support.
• Monitor cost allocation to production orders, cost centers, and manufacturing activities.
• Support monthly cost closing activities and ensure accurate cost reflection in financial records.

Inventory & Material Cost Control:

• Support inventory valuation, material consumption analysis, and stock movement validation.
• Review material usage against BOM and highlight abnormal consumption, wastage, or variance.
• Support inventory reconciliations between system records, production reports, and physical stock.
• Assist in cycle counts, stock takes, inventory adjustments, and related variance investigation.

Production Variance Analysis:

• Analyze material, labor, overhead, scrap, rework, and underutilization variances.
• Prepare variance reports by product, production line, cost center, and manufacturing area.
• Coordinate with production, planning, warehouse, and engineering teams to understand variance drivers.
• Highlight unusual cost movements and escalate risks to finance and factory management.

Manufacturing Performance Reporting:

• Prepare regular reports on production cost, conversion cost, material cost, labor efficiency, overhead absorption, scrap, rework, and factory utilization.
• Support preparation of cost bridges, cost trend analysis, and manufacturing KPI dashboards.
• Provide accurate financial inputs for factory performance reviews and management reporting.
• Track actual manufacturing cost against budget, standard cost, and forecast.

Month-End Closing Support:

• Support month-end and year-end closing activities related to manufacturing cost accounting.
• Validate production order settlement, cost center postings, inventory movements, and accruals.
• Prepare supporting schedules for manufacturing cost, inventory, and variance accounts.
• Ensure closing tasks are completed accurately within tight reporting timelines.

Controls, Compliance & Audit Support:

• Follow approved costing policies, internal controls, SOPs, and approval workflows.
• Support internal and external audit requirements related to inventory, costing, and manufacturing expenses.
• Maintain proper documentation for cost calculations, reconciliations, and variance explanations.
• Identify control gaps in manufacturing cost recording and escalate for corrective action.

Role Accountability

HR Proficiency:

• Ability to obtain updated soft and technical skills related to the job.

Delivery:

• Perform the planned activities to meet the operational and development targets as per delivery schedules.
• Utilize resources effectively to achieve objectives within efficient cost and time.
• Provide a periodic report formatted by detailing the deviation and execution of planned tasks.

Problem-Solving:

• Solve any related problems arise and escalate any complex operational issues.

Quality:

• Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.

Business Process Improvements:

• Coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.

Compliance:

• Comply to related policy and procedures and work instructions.

Health, Safety, and Environment:

• Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.

Academic Qualification

Work Experience

Technical / Functional Competencies