Summary: Analyze and report on production costs, inventory variances, and budget performance to drive cost efficiency. Support month-end closing, annual budgets and periodic forecasts. Ensure compliance with U.S. GAAP and local standards. Collaborate cross-functionally to optimize accounting processes and controls. Essential Functions: • Cost Accounting & Analysis: Prepare and analyze monthly cost reports, including standard cost variances, production costs, and inventory valuation; Monitor and reconcile cost of goods sold (COGS), overhead allocation and manufacturing expenses; Identify cost-saving opportunities and recommend efficiency improvements. (30%) • Support month-end and year-end closing processes, ensuring accuracy and compliance with U.S. GAAP and local regulations; Prepare ad-hoc financial analyses for cross-functional teams. (20%) • Inventory Management: Oversee inventory control processes, including cycle counts, physical inventory audits, and reconciliation; Analyze inventory turnover, obsolescence and write-offs. (10%) • Budgeting & Forecasting: Assist in developing annual budgets and periodic forecasts for production costs and operational expenses; Track budget and forecast performance and provide actionable insights to management. (25%) • Ensure compliance with internal controls, company policies, German and tax statutory requirements; Assist internal and external auditors with cost-related inquiries. (10%) • Other tasks assigned by supervisor. (5%) Qualifications: • BS and above in Accounting / Finance • 3+ years of cost accounting experience in large multi-plant manufacturing companies • Solid understanding and experience in standard costing and financial planning & analysis • Excellent communication skills in written and spoken German and English • Experience of SAP is preferred