Cost Accountant

Responsibilities

• Use Excel functions (including VLOOKUP, SUM, pivot tables, and other commonly used tools) to process and analyze financial and inventory data.
• Prepare cost reports, variance analyses, and summary sheets for management review.
• Maintain accurate and up-to-date financial spreadsheets and databases.
• Perform daily verification of financial documents including invoices, receipts, purchase orders, and delivery notes.
• Assist in internal audits to ensure compliance with company policies and financial regulations.
• Handle accounting entries related to cost of goods sold (COGS), operating expenses, and inventory adjustments.
• Reconcile accounts receivable and payable on a regular basis.
• Investigate and resolve discrepancies between customer/supplier statements and company records.
• Ensure timely and accurate matching of payments to invoices.
• Review and audit expense claims, procurement requests, and payment vouchers for accuracy and proper authorization.
• Identify cost-saving opportunities and report unusual spending patterns.
• Participate in and assist with physical inventory counts (monthly, quarterly, or as scheduled).
• Perform variance analysis between physical counts and system records.
• Process accounting entries for inventory adjustments, write-offs, or transfers.
• Quickly learn and adapt to new business operations, processes, and relevant financial regulations.
• Continuously improve skills and stay updated on best practices in cost accounting and inventory control.
• Work closely with warehouse, procurement, and sales teams to ensure accurate cost capture.
• Cooperate actively with the Finance Manager and comply with all work assignments.
• Demonstrate strong professionalism and support team goals.

Qualifications

• Bachelor’s degree or diploma in Finance, Accounting, or Auditing is preferred.
• Professional certification (e.g., ICA, ACCA, CIMA – level 1 or 2) is an added advantage.
• Recent experience in a financial-related role (e.g., accounts assistant, cost clerk, or similar position).
• Hands-on experience with accounts receivable/payable reconciliation, expense audits, and accounting processing.
• Practical experience in inventory management or physical stock counts, including variance analysis and related accounting entries.
• Proficient in Excel and Word, with ability to skillfully apply VLOOKUP, SUM, SUMIF, pivot tables, and other common functions/tools for data processing and analysis.
• Familiarity with financial software is a plus.
• Basic understanding of double-entry accounting and cost principles.

How to Apply

Interested applicants should send their CVs via email and state "COST ACCOUNTANT" as the email subject.