Accounting Assistant

RESPONSIBILITIES:

COST ACCOUNTING AND INVENTORY

• Ensures that all inventories are monitored and reconciled.
• Ensures that the company’s controls and procedures are adhered to by calculating and monitoring actual production cost in comparison with standard cost and providing analysis for any deviations from standards.
• Conducts regular cycle and annual count and reconciliation of inventory balances in coordination with the Supply Chain team
• Determines reasonable provision for inventory losses and obsolescence
• Computes actual product cost and calculates manufacturing variances; ensures that variances are analyzed and explained
• Product cost simulation
• Landed Cost Computation
• Prepares and reconciles inventory movement control
• Assists in the annual budgets and long term forecasts
• Coordinate with Manufacturing, Purchasing, Sales and Marketing team for information needed for the Budget – Operations Budget, capacity utilization, sales forecast and review of RM PM
• Reviews and validates Cost Estimates for new and existing SKUs.

FIXED ASSETS BUDGET, CONTROL AND MONITORING

• Ensures that all fixed asset acquisitions, disposition, depreciation are appropriately budgeted, recorded, monitored and physically controlled and accounted for
• Coordinate and provide schedules at year-end audit for all areas of responsibility.

Qualifications

Bachelor's degree or equivalent in Finance or Accounting

6 months to 1 year of relevant experience

Proficient in Microsoft Excel

Strong quantitative financial skills

RESPONSIBILITIES:

COST ACCOUNTING AND INVENTORY

• Ensures that all inventories are monitored and reconciled.
• Ensures that the company’s controls and procedures are adhered to by calculating and monitoring actual production cost in comparison with standard cost and providing analysis for any deviations from standards.
• Conducts regular cycle and annual count and reconciliation of inventory balances in coordination with the Supply Chain team
• Determines reasonable provision for inventory losses and obsolescence
• Computes actual product cost and calculates manufacturing variances; ensures that variances are analyzed and explained
• Product cost simulation
• Landed Cost Computation
• Prepares and reconciles inventory movement control
• Assists in the annual budgets and long term forecasts
• Coordinate with Manufacturing, Purchasing, Sales and Marketing team for information needed for the Budget – Operations Budget, capacity utilization, sales forecast and review of RM PM
• Reviews and validates Cost Estimates for new and existing SKUs.

FIXED ASSETS BUDGET, CONTROL AND MONITORING

• Ensures that all fixed asset acquisitions, disposition, depreciation are appropriately budgeted, recorded, monitored and physically controlled and accounted for
• Coordinate and provide schedules at year-end audit for all areas of responsibility.

Qualifications

Bachelor's degree or equivalent in Finance or Accounting

6 months to 1 year of relevant experience

Proficient in Microsoft Excel

Strong quantitative financial skills