Cost Accountant – Manufacturing

at Polyfoam Limited
Location Dar es Salaam, Tanzania, United Republic of
Date Posted August 26, 2023
Category Accounting
Audit
Finance
Production / Manufacturing
Job Type Full-time
Currency TZS

Description

The cost accountant position is responsible for all aspects of Manufacturing and Production costing analysis and inventory for all business locations.

The cost accountant is responsible for comparing standard cost to actual cost and identifying and explaining variances by customer, part number and production jobs. The cost accountant must also work closely with engineering and manufacturing personnel to resolve variances and adjust Bills of Materials (BOM’s).

Roles & Responsibilties 

  •  Develop and maintain cost accounting system that ensures accurate costing
  • Produce daily production, variance and ad hoc reports
  • Review and analyze standard and actual costs for variances and prepare reports
  • Update standard costs and ensure accuracy in the Bill of Materials (BOM’s)
  • Prepare, analyze and report monthly gross margin analysis by customer, part number and production jobs
  • Analyze changes in product design, raw materials, manufacturing methods, or services to determine effects on costs
  • Study and collect data to determine costs of business activities such as raw material purchases, inventory and labor
  • Responsible for account reconciliation of physical inventories and cycle counts
  • Prepare periodic inventory reserves reconciliation, analyzing inventory for risk, and monitoring with support from internal stakeholders
  • Assist in month-end and year-end closing by analyzing inventory and preparing supplemental reports as needed
  • Work on special projects as required
Required profile for job ad : Cost Accountant - ManufacturingRequirements

  • Bachelor's degree in Accounts
  • 3-5 years experience in Manufacturing industry
  • Experience on ERP and accounting software
  • Experience in preparing excel reports
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