Functions/Responsibilities

Coordinate with Engineering and Plant Manager to analyses equipment availability and utilization to maximize productivities and efficiencies.

• Maintain cost accounting and cost ledger in the ERP System.
• Perform life cycle cost-benefit analysis for all purchased or manufactured parts.
• The Cost Accountant will work with Customer Service and share the responsibility of the MRP System for CUA operation to allow maintaining an adequate and cost-efficient Inventory Level.
• Analyze monthly inventory valuations (perpetual Inventory and cycle counts) for all associated warehouses for CUA.
• Apply Activity Based Costing (ABC Accounting) for all purchased and manufactured parts and maintain Bill of Material if necessary.
• Implement Cost Standards for materials, Labor and Overhead for CUA
• Assist the Controller to prepare the Yearly Business Plan (BP) Material Cost (COGS) and other Manufacturing Overhead Costs.
• Work with the Controller to set a Cost System where every produced part will have a cost and overhead expenses leading to a profitable production.
• Prepare monthly cost of goods sold and production reports.
• Define various product and operational cost (Raw materials, Labor & Overhead)
• Perform month-end cost accounting close and reconciliation:
• Monthly Inventory Reconciliation (Beginning, Raw materials Purchases (Parts), Cost of Goods Sold (Parts Sales), work-in-progress/Finished goods (When Manufacturing exist), Ending Inventory). Recommend adjusting JE. to the Controller to balance perpetual inventory to GL inventory.
• Maintain all corporate assets in the assets/depreciation program
• Must be aware of statutory and regulatory requirements