Cost Accountant - AI and Robotics Company

About Us : We are a leading AI and robotics company at the forefront of technological innovation, dedicated to creating cutting-edge solutions that revolutionize industries. As we continue to grow, we are seeking a talented Cost Accountant to join our team and drive financial excellence within our organization. Job Description : The Cost Accountant will be responsible for managing and analysing product costs, inventory valuation, Bill of Materials (BOM) accuracy and costing, and variance analysis. The ideal candidate will have a strong understanding of cost accounting principles and the ability to collaborate with cross-functional teams to enhance cost efficiency and financial accuracy across products and projects. Key Responsibilities 1. Cost Accounting, Analysis & Reporting o Calculate and analyse product costs, including direct labour, materials, and overhead allocations. o Develop and maintain product/project cost models, budgets and cost assumptions based on approved BOMs, development requirements and available commercial information. o Prepare detailed monthly cost reports and highlight key cost movements, variances and cost drivers. o Monitor cost trends and identify potential cost risks, inefficiencies and opportunities for improvement. o Support management with product cost and profitability analysis. 2. Bill of Materials (BOM) Management o Ensure the accuracy and completeness of BOMs for all products and projects. o Collaborate with the engineering, production, and procurement teams to update and maintain BOM records. o Analyze BOM changes and their impact on product costs, project budgets and profitability. o Perform regular audits of BOMs against actual usage and procurement costs and investigate discrepancies. 3. Inventory Valuation & Reconciliation o Ensure accurate costing and valuation of inventory, work-in-progress, and finished goods. o Perform regular physical inventory reconciliations and investigate discrepancies. o Assist in establishing and maintaining inventory costing methods aligned with company policies. 4. Variance Analysis o Analyze material, labour, and overhead variances, and provide explanations for significant deviations. o Recommend actions to improve cost control and reduce variances. 5. Financial Reporting o Assist in the month-end closing process by preparing cost accounting entries. o Ensure accurate and timely reporting of cost accounting activities for financial statements. 6. Process Improvement o Identify and recommend process improvements to enhance the accuracy of cost data and streamline workflows. o Collaborate with the operations and procurement teams to optimize cost management. 7. Audit Support o Support internal and external audits by preparing cost-related schedules and providing necessary documentation. 8. GST & Finance Compliance Support o Support GST preparation and filing, including reviewing GST transactions and ensuring accurate GST treatment. o Reconcile GST accounts and investigate discrepancies prior to filing. o Maintain supporting documentation and assist with GST queries or audits. 9. Other Responsibilities o Perform other finance-related duties and projects as assigned by management. Qualifications & Skills • Bachelor’s degree in Accounting, Finance, or related field (CPA/CMA preferred). • 3+ years of experience in cost accounting, preferably in a tech or manufacturing environment. • Strong knowledge of cost accounting methodologies, BOM management, and inventory control. • Experience with ERP systems and advanced proficiency in Microsoft Excel. • Excellent analytical, problem-solving, and organizational skills. • Strong attention to detail with the ability to work under tight deadlines. • Effective communication and collaboration skills. How to Apply : Please submit your resume, cover letter, and LinkedIn profile detailing your qualifications and interest in the position to careers@dconstruct.ai.