Management accountant & Payroll manager
HAIMEI PLASTIC PRODUCTS PTY LTD
12.2019 - 12.2021
- Analysing and allocating direct and indirect costs (materials, labour, overhead)
- Maintaining and updating standard costing systems
- Monitor actual vs. standard costs and investigate variances
- Tracking and value raw materials, work-in-progress (WIP), and finished goods
- Assisting in inventory management and stock valuation
- Analysing scrap, waste, downtime, and production efficiency
- Providing insights on batch costing and job-order costing
- Preparing annual budgets and rolling forecasts
- Working with production and procurement teams to forecast production costs
- Monitor budget performance and provide variance analysis reports
- Create management reports: profitability by product line, factory performance, cost trends
- Present monthly and quarterly financial performance to plant managers or operations heads
- Ensure compliance with costing standards, financial policies, and audit requirements
- Implement and monitor internal controls over manufacturing processes
- Support ERP system implementation