Job Description

Role & responsibilities Costing Analysis & Reporting: Perform regular cost analysis for products, services, and operational activities, identifying trends and areas for improvement. Prepare detailed cost reports, including variance analysis, for review by senior management and other departments. Support the budgeting and forecasting processes by providing accurate cost projections and updates. Cost Control & Optimization: Monitor and evaluate departmental costs and work to identify cost-reduction opportunities. Implement cost-saving initiatives across operations without compromising product quality or efficiency. Analyze manufacturing and operational processes to recommend changes aimed at improving cost-effectiveness. Cost Methodology & Pricing Support: Assist in developing and implementing cost structures, including standard costs, job order costing, and process costing. Work closely with the sales and production teams to support accurate pricing strategies based on cost data. Assist in pricing product bids and cost analysis for new or existing projects. Inventory & Supply Chain Costing: Ensure accurate costing of inventory, including the valuation of raw materials, work-in-progress, and finished goods. Support the procurement and inventory management teams to track and control costs related to materials and supplies. Ensure that inventory-related costs are accurately reflected in financial reports. Collaboration with Cross-Functional Teams: Work closely with the operations, production, and procurement departments to gather cost data and provide insights for decision-making. Collaborate with other departments to resolve cost-related issues and support process improvements. Provide costing support to the finance team in monthly and quarterly closings. Costing Systems & Process Improvements: Ensure accurate and timely input of data into costing systems, ensuring data integrity. Recommend improvements in costing systems, procedures, and tools to enhance reporting accuracy and process efficiency. Identify and implement best practices for the costing process to increase operational efficiency. Team Leadership (for Senior Manager role): Supervise and mentor junior team members, offering guidance and support in their professional development. Delegate tasks, track team performance, and ensure that deadlines are met. Foster a collaborative work environment focused on continuous improvement in the costing function. Compliance & Regulatory Requirements: Ensure that all costing practices are compliant with relevant accounting standards and company policies. Keep abreast of changes in costing regulations or accounting standards and implement necessary changes in the companys costing processes. Preferred candidate profile Strong analytical and numerical skills Knowledge of cost accounting methods (standard costing, job order costing, process costing) Ability to manage and prioritize multiple tasks in a fast-paced environment Leadership capabilities (for Senior Manager position) Advanced Excel skills and proficiency with financial software Strong written and verbal communication skills Ability to work effectively in a team environment Ready to work for 6 days working Perks and benefits Best in Industry for deserving candidates