Cost Analysis and Reporting:
- Analyse R&D / PreProduction material movement for correct expense charge and consumption
- Collaborate cross-functionally with various business partners to resolve material receiving, PO charging or aged goods received not invoiced issues
- Perform R&D / PreProduction item costing and cost roll up in ERP
- Support transition from R&D / PreProduction phase to Production Phase costing activities, including item cost, work definition roll up and revaluation impact analysis
- Perform regular reconciliations to ensure the accurate valuation of Production costing activities
- Develop and maintain cost accounting systems, including R&D / PreProduction costing and expense reporting
- Perform New Product Introduction (NPI) standard costing functions in the ERP
- Collaborate cross-functionally with various business partners to resolve inventory standard costing issues related to missing or incorrect cost definition setup
- Provide standard cost revaluation impact analysis for Engineering Change Orders (ECOs)
- Analyze Work in Process (WIP) and make adjustments as needed
- Perform monthly review of intercompany trade accounts
- Perform monthly and quarterly financial closing activities including journal entries and reconciliations in relation to costing (including and not limited to R&D PreProd expenses & inventories, production costing and perpetual inventories, R&D used tax, sales giveaways, E&O, warranty, deferred COGS)
Inventory Management:
- Manage and reconcile R&D / PreProduction material records with physical counts.
- Assist in reconciliation perpetual inventory records with physical counts
Financial Support:
- Ensure compliance with accounting standards and company policies
- Explain monthly balance sheet fluctuations to ensure compliance with US GAAP and company policies
Process Improvement:
- Identify and recommend opportunities for cost reduction and process efficiency
- Collaborate with various departments to ensure accurate and timely data collection
Job Requirement:
- Bachelor degree in Accounting, Finance, or a related field. CPA or CMA certification
- Proven experience as a Cost Accountant or in a similar role
- Knowledge of Generally Accepted Accounting Principles (GAAP)
- Experience with ERP systems (e.g., SAP, Oracle, NetSuite) is highly desirable
- Analytical and problem-solving skills
- Proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUP)
- Communication and interpersonal skills
- Ability to work independently and as part of a team
- Prolonged periods of sitting at a desk and working on a computer
- Ability to work under pressure and meet deadlines
- Must be able to maintain a high level of accuracy and attention to detail
