
Senior Cost Management Specialist
6 days ago
As a seasoned cost management professional, you will be responsible for overseeing the entire cost accounting function to ensure accurate calculation of product costs, manufacturing overheads, and cost of goods sold (COGS).
- Main Responsibilities:
- Develop and maintain standard costing systems to guarantee accuracy in cost allocation for materials, labor, and overheads.
- Prepare comprehensive cost forecasts that align with the company's financial goals and strategic objectives.
- Regularly update and forecast costs based on business dynamics, collaborating with key departments for timely inputs.
- Monitor expenditure against budgeted figures and take corrective action where necessary.
- Provide regular and detailed costing reports, including standard Vs Actual variance analysis and insights on cost trends.
Requirements and Qualifications:
- Must have Institute of Cost and Works Accountants (ICWA) certification.
- Minimum 8-10 years of experience in cost accounting, costing management, or financial analysis in a manufacturing or production environment.
- Proven expertise in managing costing systems, preparing budgets, performing variance analysis, and generating detailed cost reports.
PREFERRED QUALIFICATIONS:
- Experience in using Enterprise Resource Planning (ERP) systems such as SAP, Oracle, or similar financial management software.
- Advanced proficiency in Microsoft Excel, including macros.
Personal Attributes and Skills:
- High attention to detail and accuracy.
- Strong communication, interpersonal, and leadership skills.
This role requires a proactive and results-driven individual with a commitment to continuous improvement, enabling the organization to stay competitive in the market.
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