Cost & Operations Accountant
Executive Placements · Adelaide
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Start free — we apply for you →Our client is seeking a Cost & Operations Accountant to join their manufacturing environment. The successful candidate will be responsible for product costing, inventory accounting, manufacturing financial analysis, operational reporting and financial controls.
This role will work closely with Production, Supply Chain, Procurement, Quality, Regulatory and Finance teams to provide accurate financial insights that support profitability, cost optimisation, operational efficiency and sound financial decision-making. Key Responsibilities
Develop, maintain and review standard costs for raw materials, packaging, WIP and finished goods.
Analyse product costs, manufacturing variances and gross margins.
Review Bills of Materials (BOMs) and production routings to ensure accurate costing.
Monitor material usage, yield and manufacturing overhead variances.
Support new product development through cost modelling and profitability analysis.
Manage inventory valuation and reconciliations across raw materials, packaging, WIP and finished goods.
Ensure inventory costing complies with IFRS and internal policies.
Investigate inventory discrepancies, stock losses, obsolescence and expired stock.
Analyse production yields, batch performance, waste, scrap and rework costs.
Identify opportunities for process improvements and cost savings.
Assist with capital expenditure evaluations and manufacturing investment decisions.
Prepare manufacturing budgets and operational forecasts.
Monitor actual performance against budgets and forecasts and provide meaningful variance analysis.
Support month-end and year-end financial reporting.
Assist with financial modelling and scenario analysis.
Ensure adherence to internal controls, accounting policies and financial governance requirements.
Minimum Requirements
Bachelor’s Degree in Accounting, Finance, Cost & Management Accounting or a related field.
3–5 years’ experience in costing, manufacturing finance or management accounting.
Experience within pharmaceutical, nutraceutical, FMCG or similar manufacturing environments.
Strong understanding of inventory accounting, product costing and manufacturing variances.
Solid analytical and financial reporting skills.
Strong Excel and financial systems/ERP experience.
High level of accuracy and attention to detail.
Ability to work collaboratively with operational and production teams.
Key Performance Areas
Inventory accuracy and control
Cost and manufacturing variance management
Gross margin perfor
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