Job Description
Costing & Inventory Management Develop and maintain accurate product cost structures (raw materials, labor, overheads). Perform standard costing and update Bills of Materials (BOMs). Conduct inventory valuation and periodic stock reconciliations. Monitor raw material usage and wastage levels in production. Budgeting & Forecasting Prepare production budgets and cost forecasts. Monitor actual costs against budgets and analyze variances. Support annual budgeting and quarterly forecast processes Variance & Performance Analysis Analyze material, labor, and overhead variances. Provide detailed reports on cost drivers and recommend corrective actions. Support pricing decisions through margin and contribution analysis Production & Operational Support Work closely with Production and Procurement teams to optimize cost efficiency. Monitor work-in-progress (WIP) and finished goods costing. Evaluate cost-saving opportunities and process improvements. Financial Reporting & Compliance ...