Cost Accountant

About the role

The Cost Accountant at JK Tradelink Group - Kandy Plastics (Pvt) Ltd analyzes, monitors and controls production costs, ensures accurate product costing and inventory valuation, and provides management with reliable financial insights. The position is full-time, based in Sri Lanka, and reports to the Finance Manager / Head of Finance.

Key responsibilities

• Develop and maintain standard costing systems, calculate product costs (raw materials, direct labour, overheads) and prepare cost sheets and profitability reports.
• Analyze actual versus budgeted and standard costs, investigate variances and recommend corrective actions.
• Monitor raw material, WIP and finished goods inventory, coordinate with stores and production, reconcile stock and track wastage and scrap.
• Assist in annual budgets and cost forecasts, prepare monthly cost and management reports, and monitor manufacturing expenses and gross profit margins.
• Work with production, procurement and warehouse teams to identify inefficiencies and recommend cost-reduction measures; review overhead allocation and absorption rates.
• Support internal and external audits, ensure compliance with accounting standards and strengthen internal controls.

Required profile

• Bachelor's degree in Accounting, Finance or a related discipline.
• Part or full qualification in CIMA, ACCA, CA Sri Lanka or an equivalent; management or cost accounting qualifications are an advantage.
• Minimum 2-4 years of cost accounting experience, preferably in a manufacturing or industrial setting.
• Experience in product costing, inventory valuation, variance analysis and cost control; exposure to manufacturing processes is highly advantageous.

Required skills

• Strong knowledge of cost accounting principles and practices.
• Advanced Microsoft Excel and experience with ERP/accounting systems.
• Inventory management and reconciliation, analytical and numerical skills, attention to detail and ability to work independently.