Costing Manager

Required skills and qualifications:

• A qualified or semi qualified Cost Accountant with a specialisation in Costing & Accountancy.
• 3+ years of experience in the Costing field or an equivalent role.
• Proficiency in accounting/Costing software.
• Excellent communication and presentation skills in discussing financial reports.
• Unswerving critical, analytical, and interpretation capabilities.
• Integrity, with an ability to handle confidential information.

Job Description:

• He will be able to collect, analyse and report on cost accounting data. This includes preparing standard cost reports, monitoring inventory levels, cost comparisons, product costing analysis, tracking variances.
• Prepare budgeting reports by collecting information and data points from various departments within the organisation.
• Examine costs of production to determine the most efficient methods of production.
• Ensure accurate classification of expenses under Generally Accepted Accounting Principles (GAAP).
• He should be able to reduce cost and study product pricing to ensure the best possible return on investment for the company.
• Analyse manufacturing costs and prepare periodic reports comparing standard prices to actual production costs.
• Participate in physical inventory counts to ensure the accuracy of inventory records.
• Monitor the accumulation of all direct labour, overhead and other manufacturing-related expenses.
• Review standard and actual costs and find out reasons for variances.
• Identify and recommend cost-effective solutions.
• He will also collaborate with other departments to ensure accurate budgeting and forecasting processes.
• He should have finance and costing background, an analytical mindset, and excellent problem-solving skills.
• Collect cost information and maintain an expenses database
• Prepare budgeting reports (for the company and for each department)
• Analyse and report profit margins.