Job Title: Production Accounting Manager

Type of the Contract: UDC, Full-Time

Department: Finance

Place of Work: Artisans Angkor Headquarters, Siem Reap

Reports to: Finance Director/Managing Director

Direct Reports: Cost Controller; Inventory Controller; Cost & Inventory Accountant

The Production Accounting Manager is responsible for leading production accounting, product costing, inventory accounting, and related financial controls across Artisans Angkor’s production operations and inventory locations. The role ensures that raw materials, work in progress (WIP), finished goods, production consumption, cost of goods sold (COGS), and manufacturing cost variances are accurately recorded, reconciled, analyzed, and reported in SAP Business One. The position works closely with Production, Stock Center/Warehouse, Procurement, Commercial, and Finance teams to strengthen cost visibility, inventory integrity, month-end closing, audit readiness, and management decision-making.

1. Production, WIP & Inventory Accounting Control

• Own the accounting control over the full production and inventory flow from raw material receipt and issuance, production consumption and stage-based WIP through completion, transfer to finished goods, Stock Center, and other inventory locations.
• Ensure production and inventory transactions are complete, accurate, properly supported, and recorded in the correct period in SAP B1, including receipts, issues, returns, transfers, WIP movements, finished goods receipts, scrap, damage, rework, and approved adjustments.
• Review and reconcile raw materials, WIP, finished goods, and other inventory balances between production records, job cards/batch records, warehouse records, physical counts, SAP B1, and the general ledger.
• Lead Finance participation in cycle counts and year-end physical inventory counts; investigate variances and ensure corrective actions are completed.
• Monitor aged or unusual WIP, negative stock, unrecorded consumption, damaged/obsolete stock, unusual inventory movements, and other exceptions requiring accounting or operational follow-up.
• Ensure appropriate month-end and year-end cut-off for production and inventory movements.

2. Product Costing & Variance Management

• Lead product costing and maintain reliable cost structures for raw materials, direct labor, outsourced work, and production overhead allocation.
• Coordinate periodic standard cost updates and ensure approved costing methods are applied consistently across relevant product categories and production activities.
• Analyze actual versus standard cost and identify significant material, labor, overhead, usage, purchase price, yield, and other production cost variances.
• Determine and support the appropriate accounting treatment of production and inventory cost variances, including amounts attributable to inventory/WIP and amounts recognized in COGS, in line with company policy and applicable accounting standards.
• Provide product cost, gross margin, and variance analysis to support management decisions, pricing, budgeting, forecasting, and profitability review.

3. Month-End Closing, Reporting & Planning

• Lead monthly closing for production accounting, inventory, WIP, standard cost variances, and COGS within the Finance closing timetable.
• Prepare and review journal entries, reconciliations, schedules, and supporting working papers for production costs and inventory accounts.
• Prepare concise monthly management reporting on inventory, WIP, COGS, gross margin, cost variances, damaged/obsolete stock, and significant exceptions, with clear explanations and recommended actions.
• Ensure material unexplained differences are investigated, resolved, or formally escalated to the Finance Director on a timely basis.
• Support budgeting, rolling forecasts, and financial analysis with production cost assumptions, inventory trends, and cost projections.

4. Internal Control, Audit & Compliance

• Maintain effective internal controls over production accounting, inventory, and costing, including segregation of duties, approvals, supporting documentation, and audit trails.
• Ensure accounting treatment and operating practices comply with Artisans Angkor accounting policies, approved SOPs, and applicable financial reporting requirements.
• Prepare audit schedules and supporting evidence for inventory existence and valuation, WIP, COGS, standard costing, and production cost variances; respond to audit requests on time.
• Follow up audit findings and control gaps relating to inventory, WIP, costing, damaged stock, and production documentation until agreed actions are completed.
• Support the development, implementation, training, and periodic review of relevant Finance policies, SOPs, and production/inventory control procedures.

5. SAP B1 & Process Improvement

• Act as the Finance process owner for production costing and inventory accounting requirements in SAP Business One.
• Review key master data and transaction data affecting costing and inventory valuation, including item codes, warehouses, cost structures/BOMs where applicable, cost centers, and account mapping.
• Work with SAP/IT and operational teams to improve data accuracy, controls, automation, exception reporting, and Finance reporting.
• Support testing and implementation of approved system or process changes affecting production, inventory, costing, and related financial reporting.

6. Team Leadership & Cross-Functional Coordination

• Lead, coach, and review the work of the Cost Controller, Inventory Controller, Cost & Inventory Accountant, and other team members assigned under Production Accounting.
• Set clear responsibilities, closing deadlines, reconciliation standards, and follow-up actions for the Production Accounting team.
• Work closely with Craft Production, Silk Production, Procurement, Stock Center/Warehouse, Commercial/Retail, and other Finance functions to ensure accurate and timely information flow.
• Provide practical guidance and training to relevant operational users on Finance requirements for production, WIP, inventory movements, costing, and supporting documentation.
• Escalate significant control issues, unresolved variances, unusual transactions, or material financial exposures to the Finance Director promptly.

Key Performance Expectations

• Timely and accurate monthly closing of inventory, WIP, COGS, and production cost variance accounts.
• Complete reconciliations with no material unexplained differences between physical/operational records, SAP B1, and the general ledger.
• Consistent, supportable standard costing and clear monthly variance analysis with timely corrective follow-up.
• Strong audit readiness, complete supporting documentation, and timely closure of agreed audit/control actions.
• Improved production and inventory data quality, discipline, and cross-departmental compliance with approved procedures.

Education:

Master or Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. Professional accounting qualification or relevant advanced study is an advantage.

Experience:

Minimum 3 to 5 years of relevant accounting experience, including at least 2 years in a supervisory or management role. Strong experience in manufacturing, production costing, inventory accounting, or a similar environment is preferred.

Technical Knowledge:

Strong knowledge of cost accounting, including standard costing, WIP and inventory valuation, COGS, variance analysis, month-end closing, reconciliations, and internal controls. Practical knowledge of financial reporting standards applicable to inventory and production costs is required.

Systems:

Strong working knowledge of SAP Business One or a comparable ERP system, together with advanced Microsoft Excel skills. Experience improving ERP-based costing and inventory controls is an advantage.

Management & Communication:

Strong analytical, problem-solving, supervisory, and cross-functional coordination skills. Able to challenge unusual transactions professionally, communicate findings clearly, and drive corrective actions to completion.

Languages:

Good working proficiency in Khmer and English, both written and spoken, is preferred.

Probation Period & Review

This position includes a 90-day probation period, during which performance, technical capability, leadership, and progress against agreed priorities will be reviewed.