Costing Manager

About the job

Job Descriptions

• Inventory Management & Control – Oversee inventory policies, procurement compliance (MRP, MOQ, EOQ), safeguarding, FIFO/batch issuance, stock reconciliation, physical counts, aging analysis, write-offs, and internal controls.
• Product Costing & Profitability Analysis – Calculate manufacturing costs (materials, labor, overheads), assess landed costs, evaluate BOMs, support pricing decisions, and perform GP, break-even, and CVP analysis.
• Standard Costing & Variance Analysis – Develop and maintain standard costs; analyze material and overhead variances (price, usage, efficiency, spending); collaborate cross-functionally to reduce unfavorable variances.
• Project Appraisal & Capex Evaluation – Conduct financial feasibility studies for major Capex (AFEs), prepare project P&L and cash flows, calculate payback periods, and coordinate with Sales, Supply Chain, Production, and Finance.
• Cost Accounting, Closing & Reporting – Manage COGS, WIP accounting, inventory reconciliation, variance allocation, month-end closing, and ensure accurate financial reporting (P&L, BS, Cash Flow).
• Annual Budgeting & Gross Profit Planning – Prepare budgeted COGS and GP by SKU/brand/team, set standard costs, align cost projections with company goals, and analyze profitability drivers.
• Cost Optimization & Operational Efficiency – Identify cost-saving opportunities, conduct make-or-buy analysis, evaluate LEAP projects, monitor production costs, and assess financial impact of OEE improvements.
• Compliance, Reviews & Administrative Responsibilities – Review tender discounts, CPI workings, maintain financial records, ensure data confidentiality, and support special projects as required.