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12 hours ago
We are seeking a skilled Cost Analyst to join our team. In this role, you will be responsible for conducting thorough analyses of overhead costs, material costs, and scrap analysis.
Key Responsibilities:- Overhead Cost Analysis:
- Prepare and analyze annual and flexible budgets.
- Analyze monthly transformation costs at plant and product levels.
- Analyze actual finished product costs and their elements on a monthly basis.
- Prepare and analyze new project feasibilities, providing input based on cost and benefit analysis.
- Monitor capital budget expenditure.
- Review expenses and arrange corrections on a monthly basis.
- Material Cost Analysis:
- Prepare cost of poor-quality reports.
- Prepare expected finished product costs based on agreements and assist the pricing department on a monthly basis.
- Segregate, analyze, and report rate and consumption variances of variable elements with management on a monthly basis.
- Collaborate with cross-functional teams to establish accurate product costing and landed costs of imported materials.
- Ensure compliance with financial standards and cost accounting principles.
- Scrap Analysis:
- Prepare and analyze scrap costs on a monthly basis at plant and department levels, coordinating with departments to identify areas for improvement.
- Prepare monthly scrap sales data and analysis on scrap sales in relation to scrap costs.
- Responsibilities as CO User in SAP:
- Update actual and standard costs.
- Allocate scrap costs to finished products.
- Maintain cost and profit centers.
- Maintain activity rates in SAP.
- 4-5 years of relevant experience.
- Relevant degree or certifications.
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