
Senior Costing Specialist
5 days ago
The incumbent plays a pivotal role in optimizing cost management processes, influencing key business decisions and driving success.
Key Responsibilities:- Develop and maintain robust standard cost models to ensure accuracy and efficiency in cost calculations across diverse manufacturing operations.
- Perform detailed analysis of actual costs, investigating discrepancies and variances to provide actionable insights for cost optimization strategies.
- Conduct thorough variance analysis, highlighting key drivers and collaborating with stakeholders to implement corrective actions where needed.
- Manage and resolve cost-related queries, variances between Standard, Actual and other discrepancies promptly, ensuring accurate financial reporting.
- Coordinate with teams across multiple plants to gather data, harmonize cost accounting practices and streamline reporting processes.
- Work closely with business, commercial and product managers, providing valuable cost insights and fostering collaborative decision-making.
- Qualified Cost Accountant with a robust background and a minimum of 8-12 years of extensive experience in cost accounting, variance analysis and standard cost management within diverse manufacturing environments.
- Proven expertise in driving actual costing methodologies and spearheading cost optimization strategies.
- Advanced proficiency in SAP systems with a track record of effectively leveraging SAP modules for comprehensive cost analysis, financial reporting and process improvement initiatives.
- Exceptional skills in tools for complex data analysis, financial modeling and generating insightful reports to drive decision-making at executive levels.
- Ongoing verbal and written communication skills, adept at effectively conveying complex financial concepts to stakeholders across various functions.
- Strong capability in mentorship, demonstrated by successfully guiding and developing junior staff to enhance team performance and professional growth.
- This role offers the opportunity to work collaboratively with cross-functional teams to drive business success and contribute to the organization's growth.
This position requires strong analytical and problem-solving skills, as well as excellent communication and interpersonal skills. The successful candidate will be able to adapt to changing priorities and deadlines, while maintaining a high level of professionalism and integrity.
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Cost Optimization Specialist
5 days ago
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