Job Description
This manufacturing concern is looking for a standard costing guru who will accurately process financial information, ascertain and analyze costs and support stakeholders with the interpretation of financial information to enable business decision making.
Key Responsibilities
- Develop, maintain, and review standard costing models for raw materials, labour, and manufacturing overheads.
- Calculate and update standard costs for finished goods and components, ensuring alignment with production processes and pricing strategies.
- Analyse cost variances (material, labour, overhead, usage, and yield) and investigate root causes.
- Prepare detailed variance reports and provide recommendations to management for cost control and operational improvement.
- Monitor and reconcile Work in Progress (WIP) balances, ensuring accurate valuation and timely reporting.
- Track production orders through the manufacturing cycle, identifying...