Senior Specialist (Cost Accountant)

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Raya Foods; one of Raya’s subsidiaries is hiring a Senior Specialist (Cost Accountant).

What will you do?

• Perform month end close activities related to cost accounting.
• Prepares estimates of new and proposed product cost.
• Participate in stock counting process.
• Conduct monthly reports for Inventory (ending inventory, physical count, requested goods).
• Manage purchasing prices for incoming raw material, equipment, services, and supplies.
• Ensure that all production costs are properly taken in the cost of sales and inventory costs.
• Analyzing the overhead costs and variable costs of the company to ensure smooth accountancy.
• Commit to maximizing efficiency at all levels without compromising quality.
• Review standard and actual costs for inaccuracies and analyzing the variances.
• Validate the cost of goods sold as part of the month-end close.
• Analyze overhead and variable costs to identify trends, variances, and opportunities for cost savings.
• Regularly review and compare standard costs versus actual costs, investigating any discrepancies and reporting on variances.
• Work with management to implement cost-saving initiatives and process improvements without compromising product quality or operational efficiency.
• Ensure all costs are accurately included in the cost of sales and inventory valuations.
• Generate monthly reports on cost accounting activities, including inventory reports, cost breakdowns, and variance analyses.
• Provide recommendations based on cost analysis to support decision-making processes across departments.
• Ensure adherence to accounting principles, internal controls, and company policies.

What will you need?

• Result Orientation.
• Operational Awareness.
• Building Networks.
• Coaching & Mentoring.
• Customer Centricity.

Technical Skills:

• Hands-on experience with accounting software.
• Excellent knowledge of Oracle system.
• FMCG Experience is preferable (Food & Beverage).

Education:

• Bachelor’s degree (B.A.) in Accounting, Finance, Business Administration or any related discipline.

What is unique about Raya?

• Are you an eager learner? Raya believes in its employees, so we aim to continuously provide learning & development plans for all of our employees to ensure their personal and career development.
• Are you looking for career progression? Raya is an entity where you can grow whether horizontally or vertically as we offer internal transfer opportunities.
• Are you looking for a rewarding environment? Raya's top achievers are awarded annually with an international 5 days trip.
• Are you looking for an opportunity to give back to the community? Raya encourages their employees to give back to the community through different ongoing CSR programs and initiatives.
• Are you a foodie? Exclusive discounts for Raya employees at Raya’s Restaurants.