Cost Accountant at Adept Systems

Cost Accountant

Cost Analysis and Monitoring:

• Analyze costs related to tyre procurement, maintenance, repairs, retreading, and disposal across different yards.
• Identify cost-saving opportunities and inefficiencies in tyre usage and maintenance processes.

Budgeting and Forecasting:

• Develop and manage budgets for tyre procurement and maintenance for each yard.
• Forecast tyre replacement needs based on usage patterns, wear rates, and operational requirements.

Inventory Management:

• Monitor tyre inventory levels at each yard to ensure optimal stock levels and minimize overstock or shortages.
• Track tyre movements between yards, including transfers, installations, and disposals.
• Conduct periodic stock reconciliations and ensure accurate records in the company’s ERP system.

Financial Reporting:

• Prepare detailed cost reports, including tyre consumption, maintenance costs, and cost allocation by yard or vehicle fleet.
• Provide insights into tyre performance metrics (e.g., cost per kilometer, tyre lifespan) to support decision-making.
• Assist in preparing monthly, quarterly, and annual financial statements related to tyre management.

Tyre Lifecycle Management:

• Monitor tyre usage and performance across different vehicles and terrains to optimize lifecycle costs.
• Collaborate with operations teams to implement tyre maintenance schedules, rotations, and retreading programs.

Vendor and Contract Management:

• Work with procurement teams to evaluate tyre suppliers and negotiate cost-effective contracts.
• Monitor vendor performance and ensure compliance with agreed pricing and quality standards.

Compliance and Process Improvement:

• Ensure compliance with company policies, accounting standards, and regulatory requirements in tyre-related transactions.
• Develop and implement standardized processes for tyre cost tracking and reporting across yards.

Collaboration and Communication:

• Work closely with yard managers, fleet supervisors, and maintenance teams to align tyre management with operational needs.
• Provide training or guidance to yard staff on cost-conscious tyre usage and reporting procedures.

Cost Accountant Job Qualifications

• Bachelor’s degree in accounting, Finance, or any other related field.
• Professional certifications (e.g., CPA, CMA) are a plus.
• Minimum of 5 years of experience in cost accounting, preferably in logistics, transportation, or manufacturing industries with tyre or fleet management exposure.
• Proficiency in ERP systems (e.g., SAP, Oracle, or similar) and inventory management software.
• Advanced knowledge of Microsoft Excel for data analysis (pivot tables, VLOOKUP, etc.)
• Familiarity with tyre management software or fleet management systems is an advantage.