Accounting Analyst

At Panduit, we don’t just offer a job – we offer a career where your contributions directly impact our customers, the environment and our company’s success. You’ll have the opportunity to grow, innovate, and be a part of an inclusive team that celebrates both individual and collective achievements. If you’re ready to elevate your career and help us deliver exceptional experiences to our customers, apply today and make your mark with Panduit!

Supports an accounting or transactional process (Accounting, A/P, A/R, Credit, or Payroll). This includes preparation, review, and reconciliation of various transactions and/or financial reports in accordance with accounting policies and management direction. Responsible for timely completion of required training applicable to the position and regular and effective application of such training in the performance of the position.

Responsibilities:

Cost Analysis: Analyse absorption variances by comparing actual manufacturing costs to budgeted costs, identifying the factors contributing to variances, and proposing corrective actions. Forecasting and Budgeting: Collaborate with relevant departments to forecast manufacturing variance & support expenses for upcoming periods and develop annual budgets. Monitor performance against these budgets and provide Budget vs Actual reports to management. Product Costing: Calculate and maintain accurate product costs, incorporating direct materials, direct labour, and overhead expenses. Validate the accuracy of cost data in product bills of materials (BOMs). Cost Variance Reporting: Prepare detailed reports on manufacturing cost variances, highlighting key drivers and trends. Present variance analysis to management and provide insights for decision-making. Cost Optimization: Collaborate with cross-functional teams to identify opportunities for cost optimization, process improvements, and efficiency enhancements throughout the manufacturing process. Verify cost saving resulted from carrying various Leans / process improvement projects which is to be included in the division KPI reporting Compute Return on Investment (ROI), as an investment evaluation tools to assess the financial performance and attractiveness of a particular investment opportunity Inventory Management: Work closely with the inventory management team to ensure accurate costing of inventory items and address any discrepancies. Lead annual stock take exercise for various warehouse locations, which include planning and coordination; pre-stock takes preparations and post-stock take reporting. To act as a financial advisor to the Plant Manager, working in close collaboration. Monitor and control capital expenditure (Capex) to ensure alignment with approved budgets and business objectives

Requirements:

Bachelor’s degree in accounting/ ACCA / Finance, or a related field Proven experience (typically 8+ years) as an Accounting Analyst or in a similar costing role within the manufacturing industry. Strong understanding of absorption costing, variance analysis, forecasting, and budgeting. Proficiency in ERP systems (General Ledger, Cost Management and Fixed Assets), with the ability to extract and analyse data. Proficiency in Microsoft Application, Oracle & Business Objects will be an added advantage Excellent analytical skills and attention to detail, with the ability to interpret complex data and present actionable insights. Solid knowledge of manufacturing processes and inventory management. Strong leadership and communication skills, with the ability to work collaboratively across departments.

Work Shift

Office (Singapore)