Cost Controller - Fresh Graduate

Cost Accountant – Job Description

Job Summary

Detail-oriented Cost Accountant, preparing cost reports, developing cost-control systems, and supporting strategic decision-making. Skilled in cost allocation, budgeting, variance analysis, and improving financial accuracy to enhance operational efficiency and profitability.

Key Responsibilities

• Collect, classify, and analyze cost information related to production, operations, and company activities.
• Prepare monthly and quarterly cost reports, including cost summaries, variances, and financial performance insights.
• Monitor cost centers and ensure accurate allocation of direct and indirect costs.
• Conduct variance analysis between actual and budgeted costs and provide corrective action recommendations.
• Support the development of annual budgets and financial forecasts based on historical data and operational needs.
• Assist in pricing decisions by calculating product/service costs and evaluating profitability margins.
• Review and reconcile inventory records, including raw materials, WIP, and finished goods.
• Coordinate with procurement, production, and finance departments to ensure cost accuracy and consistency.
• Participate in internal audits and ensure compliance with accounting policies and internal controls.
• Maintain financial documentation and support management with actionable cost-saving insights.

Key Achievements

• Improved cost accuracy by implementing standardized cost allocation methods.
• Reduced operational expenses through identifying inefficiencies and recommending corrective measures.
• Enhanced monthly closing time by streamlining cost reporting procedures.

Skills & Competencies

• Cost Analysis & Cost Control
• Budgeting & Forecasting
• Standard Costing
• Variance Analysis
• Financial Reporting
• Inventory & Stock Control
• ERP Systems (SAP / Oracle / Odoo)
• Advanced Excel (Pivot Tables, VLOOKUP, Power Query)
• Strong Analytical & Problem-Solving Skills
• Accuracy & Attention to Detail