Assistant Manager Costing

Preferred candidate profile

5 years of cost accounting experience, preferably in manufacturing or production environments.

• Design, develop, and maintain cost accounting systems and procedures, ensuring accuracy and control in data collection and reporting.
• Perform cost analysis and allocation, including direct costs (materials, labour) and indirect costs (overhead), using appropriate cost allocation techniques. Conduct routine inventory management activitiescycle counts, reconciliation, valuation, reserve adjustments for obsolete stock, and calculation of COGS.
• Execute variance analysis: compare actual vs. standard/budgeted costs and report discrepancies with actionable insights.
• Support budgeting and forecasting, incorporating cost data into projections and financial planning.
• Produce cost reports (e.g., gross margin, standard cost updates) to aid management in pricing, cost control, profitability analysis, and strategic decisions.
• Partner closely with departments like production, procurement, finance, and operations to gather cost data and drive cost-efficient practices.
• Identify and recommend cost control and reduction initiatives. Ensure compliance with accounting standards (e.g., GAAP or IFRS) and maintain strong internal controls.

Required Qualifications & Skills

• Bachelor's degree in Accounting, Finance, Commerce, or a related discipline.
• Good understanding of cost accounting principles, inventory valuation methods, and financial reporting.
• Proficiency with accounting software tally and Excel