A factory accountant manages financial operations, including cost accounting, budgeting, inventory valuation, and financial reporting for the manufacturing unit. They ensure accurate production costing, regulatory compliance, and assist with audits while collaborating with cross-functional teams to optimize financial performance.
• Preparation and reporting of accounting and financial data related to Manufacturing Operations
• Manufacturing cost accounting involving investigation, analysis of costs and variances, follow up and reporting, including structured monthly reports.
• Maintains and is responsible for budgeting and cost control using agreed company cost investigation methods.
• Implements and maintains standardized reports for inventory, labour and waste variances, service and quality.
• Support national and on occasion international manufacturing operations as required.
• Drive accountability for adherence to standard practice back to the management team to ensure the provision of accurate information and the appropriate use of reports prepared for the business.
• Stock take follow-up and analysis; and preparation, evaluation and reconciliation of stock takes.
• Analyse variance of cumulative works orders
• Prepare and analyse labour usage reports
• Temporary labour reporting
• Raw material and WIP reporting (including aging)
• Assist Manufacturing Manager in interpretation and analysis of factory activity.