Effectively management / supervision of costing and budgeting process with timely reporting to management for appropriate decision making and highlighting areas of improvement and cost reduction / saving.
Brief Job Description:
Supervision in developing standard cost of company’s products in coordination / consultation with technical departments;
Provide information to the management on prices of company’s products to achieve target revenue / profit;
Preparation of budget and variance reporting through SAP;
Monitor the revenue and capital budget implementation process;
Develop templates for Budget Information Compilation;
Prepare cost trends / forecast analysis for project costs, highlighting concerns and recommending necessary measures / remedies;
In-depth cost analysis to provide input for cost saving;
Monitor cost run and logistic opening / closing activities together with closing activities of CO in SAP;
Inventory management with quarterly physical stock taking and reconciliation of differences;
Supervise the accounting operations and internal control systems to ensure that accounting books in respect of costing records are maintained as per IFRS requirements and standards;
Monthly management reporting on cost and budget together with variance analysis of cost of products; and
Preparation of costing and budgeting policies / manual.