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Senior Financial Analyst Position
2 weeks ago
A Cost Management Specialist is responsible for overseeing the cost accounting function to ensure accurate calculation of product costs, manufacturing overheads, and cost of goods sold (COGS).
Main Responsibilities:
- Cost Management & Analysis: Conduct detailed cost variance analysis, identify cost reduction opportunities, and provide recommendations to management for process improvements.
- Budgeting & Forecasting: Prepare comprehensive cost budgets, ensuring they align with the company's financial goals and strategic objectives.
- Cost Reporting: Provide regular and detailed costing reports, including standard vs. actual variance analysis and insights on cost trends.
- Inventory Management: Ensure accurate inventory valuation for raw materials, work-in-progress (WIP), and finished goods using appropriate costing methods.
- Internal Controls & Compliance: Ensure adherence to accounting standards, financial regulations, and internal controls related to costing, inventory, and financial reporting.
- Process Improvement: Continuously assess costing methods and accounting processes to identify and implement improvements for enhanced efficiency and accuracy.
Qualifications & Requirements:
- Education: Institute of Cost and Works Accountants (ICWA) certification is required.
- Experience: Minimum 8-10 years of experience in cost accounting, costing management, or financial analysis in a manufacturing or production environment.
- Skills: Strong knowledge of SAP environment, cost accounting principles, financial regulations, and reporting. Advanced proficiency in Microsoft Excel, including macros.
You are a proactive and results-driven individual with a commitment to continuous improvement. You possess strong analytical and problem-solving abilities, excellent organizational skills, and a high attention to detail.
About Our Organization:We are a dynamic organization seeking a talented Cost Management Specialist to join our team. If you are passionate about delivering exceptional results and driving business growth, we encourage you to apply.