We are seeking a skilled Costing Analyst with 3 to 5 years of relevant experience in the manufacturing industry. The ideal candidate will be ICMA qualified or part-qualified and possess strong expertise in SAP FICO. This role requires a detail-oriented professional with excellent analytical and problem-solving skills to support accurate costing, inventory management, and financial reporting within a dynamic manufacturing environment.
Key Responsibilities
- Prepare and distribute monthly Inventory Aging reports, ensuring accurate provisioning in line with company policies.
- Evaluate product margins, customer profitability, and cost-to-serve metrics to provide actionable insights.
- Compile detailed costing reports such as CPM (Cost per Minute) and CTC (Cost to Company).
- Validate Bills of Materials (BOMs) for accuracy and completeness to maintain data integrity.
- Conduct production variance and material price analyses, monitoring actual costs against standard costs and recommending corrective actions as needed.
- Ensure all production orders are TECO (Technically Completed) and Goods Receipt/Invoice Receipt (GR/IR) postings are completed before month-end closing.
- Develop management reports, dashboards, and presentations to support strategic decision-making.
- Execute monthly and regular cost estimates and manage the month-end closing cycle through SAP.
- Prepare post-dispatch analyses at both customer and SKU levels to assess performance.
- Create outlook reports comparing actual results with forecasts to identify variances.
- Analyze material price and sales price variances to support pricing strategies.
- Generate production variance reports comparing BOMs with actuals at the SKU level.
Required Qualifications
- 3 to 5 years of experience in costing within the manufacturing sector.
- ICMA qualified or part-qualified certification.
- Proficiency in SAP FICO modules.
- Strong analytical skills with the ability to solve complex problems effectively.
This role offers an excellent opportunity to contribute to cost control and financial accuracy in a manufacturing setting, working closely with cross-functional teams to drive business performance. Candidates with a proactive approach and a strong foundation in costing principles will thrive in this position.