Costing Executive
Costing Executive
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Job Description
Cost Analysis & Reporting
Conduct detailed cost analysis and generate reports that identify variances between standard and actual costs.
Gather and evaluate product costing data to support internal controls and financial integrity.
Prepare monthly reports on cost consumption for informed business decisions.
Costing Data Management
Maintain and update both actual and standard costs ensuring BOMs are accurate and current.
Periodically review and revise standard costs to reflect changes in operations and market dynamics.
Variance Investigation
Analyze discrepancies between expected and actual costs offering explanations and recommending corrective measures.
Present variance findings and costsaving opportunities to management.
Budgeting & Forecasting Support
Contribute to annual budgeting exercises by supplying relevant cost data and analysis.
Track realtime costs versus budget forecasts and recommend adjustments for improved financial outcomes.
Process Optimization
Partner with departments such as production and procurement to streamline costing procedures and enhance efficiency.
Recommend strategic improvements to costing systems and practices based on analytical findings.
AdHoc Analysis
Deliver costrelated insights and special reports upon request.
Support audits or internal reviews related to cost data and compliance.
- Education: Degree in Accounting Finance or a relevant discipline. Professional certifications (e.g. ACCA CPA) are a plus.
- Experience: Minimum 2 3 years of experience in cost accounting or financial analysis within a manufacturing setup. Handson experience with standard costing and variance analysis preferred.
Skills:
Strong analytical and numerical abilities with a thorough understanding of cost accounting.
Proficient in Microsoft Excel particularly in data analysis pivot tables and complex formulas.
Familiarity with ERP systems and BOM management is advantageous.
Employment Type
Full Time
