Cost accountant (MJ000018)

Job ResponsibilitiesMonthly Closing Process ManagementEstablish and maintain a standardized, company - wide monthly closing process that encompasses all financial activities, not limited to cost - related aspects. Define clear timelines, responsibilities, and milestones for each step of the closing process. Coordinate with cross - functional teams (including accounts payable, accounts receivable, general ledger, and tax) to ensure alignment and adherence to the monthly closing schedule. Proactively communicate any delays or issues that may impact the closing timeline and work to resolve them promptly. Develop and implement checklists, workflows, and tools to streamline the monthly closing process, reducing manual efforts and minimizing the risk of errors. Regularly review and optimize these resources based on process performance. Ensure the timely preparation and issuance of monthly financial reports, including income statements, balance sheets, cash flow statements, and supporting schedules. Verify the accuracy and completeness of these reports before distribution to management and other relevant stakeholders. Analyze the efficiency of the monthly closing process, track key performance indicators (such as closing cycle time and error rates), and identify opportunities for improvement. Implement process enhancements to reduce closing time while maintaining or improving report quality 2.Cost managementConduct comprehensive cost analysis for all aspects of vaccine production, including raw materials, labor, overheads, and packaging. Identify cost drivers and provide insights to management for cost reduction and optimization. Develop and maintain standard costs for finished vaccines, raw materials, and semi - finished products. Regularly review and update these standards based on changes in production processes, market prices, and other relevant factors. Monitor actual costs against standard costs, investigate variances, and prepare detailed variance reports. Work closely with production, procurement, and other departments to resolve cost discrepancies and implement corrective actions. Participate in the budgeting and forecasting process for production costs, providing accurate cost projections and supporting the development of realistic financial plansDevelop, document, and standardize cost - related month - end closing procedures to ensure consistency, accuracy, and timeliness. Review and update these procedures as needed to adapt to changes in business operations or accounting standards. Lead the cost - related aspects of the month - end closing process, including reconciling cost accounts, verifying cost allocations, and preparing cost - related financial statements and reports. Ensure that all tasks are completed within the established deadlines. Coordinate with other departments, such as production and inventory management, to gather necessary information for the month - end closing. Resolve any issues or discrepancies that arise during the process. Conduct post - closing reviews to evaluate the effectiveness of the month - end closing procedures and identify areas for improvement. Implement recommendations to streamline the process and enhance the quality of financial reporting 3.Fixed asset managementOversee the entire lifecycle of fixed assets, from acquisition to disposal. This includes recording asset purchases, calculating depreciation using appropriate methods (in line with accounting standards and company policies), and maintaining accurate fixed asset registers in SAP HANA. Conduct regular physical inventory counts of fixed assets to ensure that the recorded information in the system matches the actual assets. Reconcile any differences and update the records accordingly. Evaluate the impairment of fixed assets when necessary, considering factors such as obsolescence, damage, or changes in market conditions. Prepare impairment reports and recommend appropriate accounting treatments. Collaborate with the procurement and maintenance teams to ensure that fixed asset acquisitions are properly authorized, and that maintenance costs are appropriately recorded and allocateEnsure compliance with local tax regulations related to fixed asset management, including depreciation methods, asset valuation, and tax deductions. Stay updated on changes in tax laws affecting fixed assets and assess their impact on the company's asset records and financialsInform and collaborate with relevant stakeholders (such as finance leadership, tax team, and operations) regarding any changes required by tax laws in asset management, providing clear guidance on necessary adjustments to processes, records, or reportingFinance related policy management and execution 4.SAP HANA Implementation and UsageTake an active role in the implementation and enhancement of the SAP HANA system, specifically in the areas related to cost accounting and fixed asset management. Work with IT and other stakeholders to configure the system to meet business requirements. Provide training and support to other users on the effective use of SAP HANA for cost - related tasks, such as data entry, report generation, and cost analysis. Ensure that users are proficient in using the system and adhere to established procedures. Monitor and troubleshoot issues with SAP HANA to ensure the accuracy and integrity of cost accounting data. Coordinate with IT to resolve any system - related problems in a timely manner. Continuously explore ways to leverage the capabilities of SAP HANA to improve cost accounting processes, enhance data analytics, and increase efficiencyEnsure that all cost - related and fixed asset data, reports, and user interfaces in SAP HANA are accurately translated and maintained in Chinese, English, and Turkish, catering to the needs of a diverse user base and compliance requirements. 5.OthersExecute accounting operations related to the company’s import and export activitiesHandle general ledger entries, supplier invoices, and delivery notes in accordance with tax and commercial law accounting standardsPreferred Qualifications1.Education & CertificationsBachelor’s degree or higher in Accounting, Finance or a related fieldCPA, ACCA, AICPA or other relevant professional qualification preferred2.ExperienceMinimum of 5 years of progressive finance and accounting experienceAt least 3 years cost management related working experience in a manufacturing environmentBetter to have working experience in both big 4 accounting firms or other international accounting firms, and overseas subsidiary, multinational company, or international environment Familiarity with both local accounting standards and IFRS3.SkillsStrong knowledge of local statutory and tax regulationsHands-on experience with SAP systemExcellent analytical and problem-solving skillsAbility to manage multiple priorities and work independentlyStrong communication and interpersonal skills to effectively collaborate with cross-cultural teamsProficiency in MS Office, including Excel, PowerPoint, Word4.Personal AttributesProactive and result-oriented mindsetHigh ethical standards and integrityAdaptability to work in a fast-paced, dynamic environmentStrong sense of ownership and accountability5.LanguageProficiency in English and Turkish6.Other requirementsFor male candidates, military service should be completed or exemptValid driver’s license with the willingness to drive as neededCandidates based in Ankara or willing to relocate to Ankara are preferred