Cost Accountant

Job Description

Quasar, a global B2B medical device manufacturer is looking to Cost Accountant, who will join our Finance Department at Chonburi. This job primarily involves managing and analyzing various costing aspects of the business, such as inventory reports, physical inventory counts, fixed assets calculations, manufacturing cost monitoring, and product profitability analysis. The role also includes preparing various reports related to labor and production efficiency, OH absorption rates, and cost variances. The position requires strong attention to detail and the ability to perform various costing-related tasks as assigned.

Position Location

Responsibilities

  • Performing inventory report: Conducting regular physical inventory counts to accurately track and report inventory levels.
  • Fix assets calculation and Fix assets report: Calculating the value of fixed assets and preparing a detailed report on their depreciation, useful life, and disposal.
  • Monitoring and reviewing manufacturing cost: Reviewing the manufacturing cost, identifying the areas of inefficiencies, and taking necessary corrective actions to reduce the overall cost.
  • Preparing product profitability, costing, and variance report: Analyzing the cost of producing a product, calculating its profitability, and preparing a report detailing the variance between the actual cost and the estimated cost.
  • Performing physical count inventory: Physically counting and verifying the actual inventory levels against the recorded inventory levels to identify any discrepancies and take corrective actions.
  • Reviewing the OH absorption rate: Reviewing the overhead absorption rate, identifying the causes of variances, and recommending appropriate actions.
  • Preparing the labor and production efficiency report: Analyzing the labor and production efficiency, identifying areas of improvement, and making necessary recommendations to increase efficiency.
  • Other costing-related work as assigned: Handling any other costing-related tasks assigned by the management.

Requirements

  • A Bachelor’s degree in Accounting or Finance
  • At least 5 years of experience in cost analysis or cost accounting in a manufacturing business environment
  • Experience in the medical device industry will be considered an advantage
  • Strong communication skills in English; fluency in Chinese will be considered an advantage
  • Proficient in the use of ERP software and MS Excel
  • Strong analytical and problem-solving skills
  • Excellent interpersonal and communication skills

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