Cost Accountant

**Cost Accounting**

**Job Summary**:
The **Cost Accountant** is responsible for gathering, analyzing, and controlling the costs associated with the company's production and operations. The primary function is to ensure that costs are accurately recorded and reported, providing key information for strategic decision-making. This role involves calculating product costs, preparing cost reports, and implementing systems to improve operational efficiency and profitability.

**Main Responsibilities**:
**Production Cost Calculation**:

- Calculate direct and indirect costs of manufactured products or services rendered, including materials, labor, and manufacturing overhead.
- Develop and maintain detailed cost sheets and cost databases.
- Prepare cost reports for products and services to facilitate pricing and profit margin decisions.

**Inventory Control**:

- Monitor raw materials, work-in-progress, and finished goods inventories.
- Ensure proper recording of inventory costs, including periodic adjustments and valuation.
- Collaborate in conducting physical inventories and reconciling inventory discrepancies.

**Cost Analysis**:

- Analyze the variance between actual costs and standard or budgeted costs, identifying the causes of deviations.
- Propose corrective actions and process improvements to reduce costs and enhance operational efficiency.
- Prepare periodic reports on production costs and trends, providing recommendations to senior management for resource optimization.

**Cost Budget Preparation**:

- Participate in preparing the annual cost budget and mid
- to long-term cost planning.
- Collaborate with other departments, such as production and purchasing, to establish cost budgets based on demand and production projections.

**Operational Cost Control**:

- Monitor and control daily operational costs, identifying areas of opportunity for optimization.
- Ensure that indirect production costs, such as factory overhead, are correctly allocated.

**Costing and Analysis of New Projects**:

- Perform cost analysis for new products, services, or projects, helping to determine the financial viability of these initiatives.
- Provide key insights on the impact of new projects on production costs and company profitability.

**Process Improvement and Efficiency**:

- Identify opportunities for continuous improvement in cost control and operational efficiency.
- Work with cross-functional teams to implement more effective processes and reduce waste or inefficiencies.

**Compliance with Accounting Standards**:

- Ensure that cost accounting practices comply with national and US GAAP.
- Ensure that cost accounting procedures are consistent and transparent.

**Support for Internal and External Audits**:

- Collaborate with internal and external auditors by providing the necessary documentation for cost audits.
- Ensure that cost accounting information is well-organized and accessible for audits and reviews.

**Other Related Tasks**:

- Participate in special projects related to cost optimization and operational efficiency.
- Support the accounting team with additional tasks as needed.

**Qualifications**:

- **Bachelor's degree** in Accounting, Finance, Business Administration, or a related field.
- **Certifications** in Cost Accounting or Finance (e.g., CPA, CMA) are a plus.
- **Intermediate to Advanced English** proficiency.
- **2-4 years of experience** in cost accounting, financial analysis, or similar roles.
- **Experience working with accounting software and ERP systems** (e.g., SAP, Oracle, Microsoft Dynamics).
- **Knowledge of cost accounting principles**, standard costing, and cost methodologies.
- **Experience with data analysis tools** and advanced spreadsheet skills (Microsoft Excel, Power BI, etc.).
- **Knowledge of local and international tax and accounting regulations**.
- **Familiarity with budgeting and cost forecasting**.
- **Excellent analytical skills** and attention to detail.
- **Ability to identify and solve problems** related to cost management.
- **Communication skills** to present cost reports to senior.

**Location**:
Ramos Arizpe, Coahuila

**Language**:

- English (required)

Work Location: In person