Assistant Manager, Cost Accounting

Overview:

The Cost Accounting Assistant Manager supports timely, accurate, and compliant cost accounting processes by maintaining cost data in SAP CO, monitoring manufacturing and departmental costs, and preparing analysis that supports budget control, cost allocation, month-end and year-end close, and product profitability reporting.This role assists the Cost Accounting Manager, HOD, and CFO by producing reliable cost information, identifying cost drivers and variances, coordinating required closing support, and escalating issues that may affect financial accuracy, compliance, or decision-making.

Responsibilities:

This role operates within defined corporate policies and procedures and exercises judgment appropriate to its level of responsibility. The position may influence decisions related to functional operations, processes, or recommendations and escalate matters as required

 

Budgeting and Planning:

• Provide accurate cost, expense, and operational data to support annual budgeting, forecasting, and planning cycles.

Cost and Expense Control:

• Maintain SAP CO cost information and monitor manufacturing and departmental costs to support accurate cost allocation, expense control, and timely issue escalation.

Month- and Year-End Closing:

• Support month-end and year-end close activities by preparing cost accounting schedules, reviewing cost-related entries, and coordinating audit support with internal stakeholders and external auditors.

Cost and Profitability Analysis:

• Analyze production costs, expense trends, cost drivers, and budget variances in coordination with related departments to support cost reduction initiatives and product-level profitability analysis.

• Perform other cost accounting, planning, reporting, and compliance-related duties as assigned and consistent with the role’s scope.

 

Supervisory Responsibilities: No

Qualifications:

(The requirements listed below are representative of the knowledge, skills, and/or ability required and preferred for this position.)

 

Required Education & Experience:

• Bachelor’s degree in accounting or related field

Required Knowledge, Skills, & Abilities:

• SAP experience required.
• Knowledge of applicable bookkeeping and accounting principles, practices, and standards
• Advanced computer skills: MS Office, accounting software, and databases
• High attention to detail and accuracy

Preferred Education & Experience:

• 4+ years of progressive accounting experience, preferably including cost accounting or manufacturing accounting experience.
• Working knowledge of cost accounting principles, manufacturing accounting, and financial reporting processes.
• Automotive or manufacturing industry experience preferred.

Working Conditions:

• Office setting
• Walking within and between buildings