Key Responsibilities:

1. Cost Analysis & Reporting

• Prepare and analyze cost reports, identifying trends and areas for cost reduction.
• Conduct variance analysis to compare actual costs against budgets and forecasts.
• Provide actionable recommendations on cost-saving initiatives.
  2. Inventory & Production Costing
• Monitor and evaluate inventory costs, including raw materials, work-in-progress, and finished goods.
• Implement standard costing and ensure accurate product costing.
• Support stock valuation and control processes.
  3. Budgeting & Forecasting
• Assist in the preparation of cost budgets and forecasts.
• Monitor and track cost performance against budgeted targets.
  4. Financial Control & Compliance
• Ensure adherence to cost accounting standards and internal controls.
• Support internal and external audits by providing cost-related data.
• Maintain compliance with relevant financial regulations and policies.
  5. Process Improvement & Efficiency
• Identify opportunities for operational efficiencies and cost reduction.
• Collaborate with production, procurement, and finance teams to streamline cost management processes.