Plant Accountant - Manufacturing Plant

SUMMARY:
Job Summary: As the Factory Accountant, plant accountant, Cost Accountant , you will be responsible for managing and overseeing the financial operations of our manufacturing facility . This role requires a proactive professional with strong technical accounting skills and experience in a manufacturing environment. The Factory Accountant will ensure accurate cost allocation, budget monitoring, and financial reporting, thereby supporting effective decision-making and operational efficiency at the factory level.

POSITION INFO:
Key Responsibilities:

• Cost Accounting & Analysis:
• Oversee and manage all aspects of cost accounting, including material, labor, and overhead costs.
• Prepare detailed cost reports, analyze variances, and recommend cost-control measures.
• Collaborate with production and procurement teams to monitor and allocate manufacturing costs accurately.
• Financial Reporting:
• Maintain the general ledger for the factory and ensure timely and accurate month-end, quarter-end, and year-end closings.
• Prepare financial statements and management reports that reflect the financial performance and position of the factory.
• Assist with the preparation of budgets and forecasts, comparing actual results to budgeted figures.
• Inventory & Fixed Assets Management:
• Ensure proper accounting for inventory and raw materials in accordance with local standards.
• Track and reconcile fixed assets, ensuring proper capitalization, depreciation, and disposal procedures are followed.
• Compliance & Internal Controls:
• Ensure adherence to statutory requirements and internal accounting policies and procedures.
• Coordinate and support external audits, providing necessary documentation and analysis.
• Continuously monitor and enhance internal controls within the factory’s financial processes.
• Process Improvement:
• Identify opportunities to streamline accounting processes and enhance reporting efficiency.
• Implement best practices and support the integration of new financial systems or ERP solutions.
• Collaboration & Communication:
• Liaise with production managers, procurement teams, and other relevant departments to support financial decision-making.
• Communicate financial insights and recommendations to senior management to drive operational improvements.
• Provide training and guidance to junior accounting staff as needed.

• Education:
• Bachelor’s Honors degree in Accounting, Finance, or CIMA qualification..
• Experience:
• Minimum of 3-5 years of accounting experience, with a strong preference for candidates with a background in manufacturing or industrial environments.
• Proven experience in cost accounting, inventory management, and financial reporting.

• Technical Proficiency:
• Strong understanding of manufacturing cost structures and principles.
• Proficient in accounting software and ERP systems (e.g., SAP, Oracle, or similar).
• Advanced MS Excel skills.
• Analytical & Problem-Solving Skills:
• Excellent analytical capabilities with attention to detail and accuracy.
• Ability to interpret complex financial data and provide actionable insights.
• Communication & Interpersonal Skills:
• Effective communicator with the ability to collaborate across departments.
• Capable of presenting financial information clearly to both technical and non-technical audiences.
• Organizational Skills:
• Strong time management and organizational skills with the ability to handle multiple priorities and meet deadlines.
• Adaptability:

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