BDCost Accountant
Mar. 2020Singapore, SingaporeCosting | Pricing and Transfer Pricing | Parity and Purchase Price Variance | Intercompany Payment | Inventory Reserve | Audit | Compliance | Report Generation | Data Integrity | Process Improvement | Clear and Effective Communication Skills – Written and Verbal | Problem Solving Mindset | Strong Interpersonal Skills | Strong Qualitative and Quantitative Skills | Methodical | Cross-Functional Collaboration | Team Collaboration | Leadership
Ensure accurate costing and pricing within the Regional Distribution Centre (RDC) and the APEX (Dropship) model. This includes overseeing the daily, monthly, and annual costing processes, as well as Transfer pricing and maintaining fixed pricing for intercompany customers and sourcing vendors. Other core responsibilities encompass calculating and analyzing monthly Cost of Goods Sold (COGS), maintaining correct intercompany mark up percentage, Purchase Price Variances (PPV) and parity variances to ensure financial accuracy and operational efficiency.
• Support global standard costing updates in collaboration with the regional finance, Greater Asia Countries (GAR) and other operations team.
• Analyse manufacturing costs and prepare monthly reports comparing standard cost vs actual cost.
• Monthly and quarterly posting of provision on Inventory Reserves (Excess, Obsolete, LCM and Expired/Block stocks)
• Monthly analysis on the release of block invoices for interco payment.
• Timely and accurate preparation of Monthly Accounts Reconciliation (BS) on inventory accounts, Inventory Stock On Hand (SOH).
• Generate reports, perform and review on FOC transactions.
• Review and prepare annual and monthly revaluation impact.
• Prepare monthly journal and journal listing.
• Coordinate with internal and external auditors on inventory accounts.
• Analyse and review monthly goods in transit (GRIR) transactions.
• Prepare, analyse and post monthly PII (Profit In Inventory)
• Product Costing and re-costing.
• Assist on Fixed Assets Tagging