Senior Cost Accountant

Job Summary

We are seeking a detail-oriented and knowledgeable Cost Accountant to join our finance team. The ideal candidate will have strong experience in inventory valuation, ERP systems, and a solid understanding of excise, VAT, and withholding taxes.

Key Responsibilities

• Responsible for recording all inventory transactions in the general ledger and in ERP or accounting systems, ensuring proper classification and valuation of stock
• Understanding of costing method across manufacturing stages—raw material issues, work-in-progress, and finished goods—to ensure consistent and accurate stock valuation
• Conduct internal audits and implement controls to prevent inventory shrinkage
• Ensure proper classification and analyze inventory costs by applying valuation methods (FIFO, LIFO, Average Cost) and ensure correct cost of goods sold (COGS) calculation
• Understand and follow excise tax, VAT, and withholding tax regulations
• File inventory reports and declarations with the Ministry of Revenue at excise tax
• Utilize Goods Receipt Notes (GRNs) to verify and record incoming inventory against purchase orders
• Evaluate inventory systems and procedures, recommending improvements for accuracy and efficiency
• Post inventory and cost records accurately into Peachtree accounting software
• Support management with insight into production efficiency

Qualifications & Requirements

• Bachelor’s degree in Accounting, Finance, or related field
• Proven experience in cost accounting and inventory management
• 3 and above years’ relevant work experience, including at least 2 years as cost accountant in manufacturing industry
• Solid understanding of excise tax, VAT, and withholding tax regulations
• Experience filing inventory reports with tax authorities
• Proficiency in Peachtree and ERP systems
• Knowledge of GAAP and inventory valuation methods