Senior Cost Control Accountant Full Time

Bow & Ark is seeking an experienced and analytical Senior Cost Control Accountant to join its Finance Department.

The successful candidate will play a key role in managing product costing, inventory control, variance analysis, and financial reporting across manufacturing and retail operations. This position requires a strong understanding of production costing, inventory management, and financial controls within a fast-paced operational environment.

Key Responsibilities

• Develop, maintain, and review cost sheets for products, recipes, packaging, and finished goods.
• Analyze raw material consumption, production yields, and manufacturing variances.
• Monitor standard costs versus actual costs and investigate discrepancies.
• Review production reports and validate material usage against approved recipes and bills of materials (BOMs).
• Conduct monthly cost analysis and identify opportunities for cost reduction and operational efficiency.
• Participate in monthly stock counts and reconcile physical inventory with system records.
• Review inventory movements between warehouses, production facilities, and branches.
• Monitor wastage, losses, and abnormal consumption and provide recommendations for corrective actions.
• Prepare monthly cost control reports, profitability analysis, and management dashboards.
• Support budgeting, forecasting, and annual planning activities.
• Review supplier pricing changes and assess their impact on product profitability and margins.
• Coordinate with Production, Procurement, Warehouse, Operations, and Finance teams to ensure accurate costing and reporting.
• Ensure proper implementation of internal controls related to inventory and production activities.
• Support internal and external audits related to inventory and cost accounting.
• Participate in ERP cost structure updates and process improvement initiatives.
• Assist management in evaluating new products, promotions, and business opportunities from a costing perspective.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• Minimum 5–8 years of experience in Cost Accounting or Cost Control.
• Previous experience in manufacturing, FMCG, food production, retail, or industrial environments is highly preferred.
• Strong understanding of inventory management, production costing, BOMs, and variance analysis.
• Advanced proficiency in Microsoft Excel.
• Experience working with ERP systems for costing and inventory management.
• Strong analytical, reporting, and problem-solving skills.
• High attention to detail and accuracy.
• Ability to work cross-functionally with multiple departments.

What We Offer

• Opportunity to join a growing and dynamic organization.
• Professional work environment with career growth opportunities.
• Exposure to manufacturing, retail, and multi-site operations.
• Competitive salary package and professional development opportunities.