Cost Accounting Manager/ Semiconductor/ Inventory Management (REF:TYL) - #1164245

Responsibilities

Cost Accounting and Inventory Management

• Responsible for periodic cost accounting close, balance sheet reconciliation review (inventory), variances analysis for financial reporting and flux review.

• Collaborate with cross-functional teams to analyze manufacturing cost variances, product margin and drive improvement initiatives to improve operational efficiency and product margin.

• Review margin report on weekly basis to identify product group/items with unreasonably low margin/loss making/missed billings/missed COGS etc.

• Review work orders and manufacturing variances periodically, identify root causes and drive for solutions to improve variances.

• Support annual cost roll exercise, review cost data and cost simulation.

• Support global team to develop and implement effective costing methodologies and processes to enhance accuracy and efficiency.

• Work with Inventory Control team for quarterly E&O review exercise.

• Support inventory management for annual physical counts and daily cycle counts activities.

• Review and ensure inventory transactions are approved and performed in accordance with Finance policies and procedures.

• Business partnering with Operations to drive efficiency and integrity in inventory transactions.

• Review published reports (weekly sales, gross margin analysis, inventory report, manufacturing costs analysis, work order variances dashboard etc), highlight and drive business for improvement if deviated trend is noted.

• Monitor and evaluate key performance indicators (KPIs) to assess the effectiveness of cost management strategies.

Financial Planning and Analysis (FP&A)

• Support annual operating plan (AOP) and forecast flash process for Singapore manufacturing plant, align budget/forecast target with global goals.

• Work with business units on resources and capacity planning for manufacturing costs budget.

• Participate in the quarterly business review, perform cost variances analysis against forecast.

• Provide detailed cost reports and forecasts, identifying trends and proposing strategies to minimize cost variances.

Others

• Maintain strong internal controls and compliance with Sarbanes-Oxley (SOX) regulations.

• Support US GAAP, SOX, tax and statutory audits.

• Drive continuous improvement initiatives to improve operational efficiency and eliminate non-value added activities.

• Partner with IT and project team to resolve and enhance cost accounting system and processes related to end to end supply chain and manufacturing process.

• Review monthly survey and annual census for EDB reporting

Requirements

• Recognized degree, ACCA graduate or other equivalent professional accounting qualification.

• At least 8 years of cost accounting experience in a manufacturing environment.

• Audit experiences from established public practices will be an advantage.

• Strong management accounting knowledge and analytical skills.

• Independent, mature, self-motivated and possess ‘can-do’ attitude.

• High attention to details, organizational skills, and problem-solving abilities.

• Advanced proficiency in Microsoft applications (Excel/Powerpoint), other data analysis tools (Power BI) and ERP systems (preferably Oracle Cloud).

• Excellent communication and interpersonal skills, with ability to collaborate across departments.

HOW TO APPLY:

Interested applicants, kindly send your resume in MS WORD format to ref24#trustrecruit.com.sg or please click on “Apply Now”.

We regret only shortlisted candidates will be notified.

Important Note: Trust Recruit Pte Ltd is committed to safeguarding your personal data in accordance with the Personal Data Protection Act (PDPA).

Please read our privacy statement on our corporate website www.trustrecruit.com.sg.

Trust Recruit Pte Ltd

EA License No: 19C9950

EA Personnel: Teah Yan Lin (Rolland)

EA Personnel Reg No: R23115528