Junior Manufacturing Accountant at Ascentech Services Limited

Description 

• Our client is seeking a dynamic and detail-oriented Junior Accountant to join their accounting team in the manufacturing sector.
• This role will provide support in various financial activities, ensuring accuracy and compliance with accounting standards.
• The Junior Accountant will have the opportunity to gain valuable experience in manufacturing accounting processes and contribute to the financial success of the company.

Key Responsibilities

• Cost Accounting Support: Assist in gathering and analyzing cost data related to manufacturing processes, including materials, labor, and overhead. Support in calculating and monitoring product costs to ensure accuracy and profitability.
• Inventory Management: Aid in maintaining accurate inventory records, including tracking raw materials, work-in-progress, and finished goods. Assist in conducting periodic inventory counts and reconciliations.
• Accounts Payable: Assist in processing vendor invoices, matching them with purchase orders and receiving documents. Help ensure timely and accurate payments to suppliers and vendors.
• Accounts Receivable: Support in invoicing customers for goods shipped or services rendered. Assist in monitoring accounts receivable balances and following up on overdue payments.
• General Ledger Entries: Assist in recording daily financial transactions in the general ledger, including journal entries, accruals, and adjustments.
• Financial Reporting Assistance: Support in preparing financial statements, including balance sheets, income statements, and cash flow statements. Assist in analyzing financial data and preparing variance analysis reports.
• Compliance and Audit Support: Assist in ensuring compliance with accounting standards, company policies, and regulatory requirements. Support in providing documentation and information for internal and external audits.
• Taxation Support: Aid in gathering information and preparing documentation for tax filings, including sales tax, use tax, and corporate income tax returns.

Qualifications

• Bachelor's Degree in Accounting, Finance, or a related field.
• 3 years work experience.
• Some relevant internship experience or coursework in accounting, preferably in a manufacturing environment.
• Basic understanding of cost accounting principles and inventory management concepts.
• Proficiency in Microsoft Excel and other accounting software (e.g., QuickBooks, SAP).
• Strong analytical and problem-solving skills, with attention to detail.
• Ability to work effectively in a fast-paced, team-oriented environment