As a Director, Cost and Inventory in a shared services environment, you will be responsible for overseeing and managing accounting aspects of costing and inventory for multiple plant locations.

Cost Accounting:

• Ensures calculation and review of relevant accruals and reserves, such as obsolete and slow-moving inventory, freight and other related accruals.
• Perform period end close – absorption accounting, PPV capitalization, variance analysis.
• Maintain / set up annual standard costing systems for plant locations.
• Analyze actual costs versus standard costs, identify variances, and provide explanations and recommendations to management.
• Collaborate with finance teams at each plant location to ensure consistent costing practices and policies.
• Manage the month-end close process, ensuring all account reconciliations are performed.
• Support internal and external audits and compliance to accounting standards.
• Prepare and present consolidated financial reports, including cost analysis and inventory valuation.

Process Improvement

• Identify areas for process improvement in a shared services environment and develop and implement solutions.
• Collaborate with cross-functional teams to streamline processes and enhance efficiency.
• Stay updated on industry best practices and technological advancements in cost accounting within a shared services model.

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