Senior Cost Optimization Specialist

12 hours ago


Karachi, Sindh, Pakistan beBee Careers Full time
Cost Analyst

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.
    Requirements:
    • 4-5 years of relevant experience.
    • Relevant degree or certifications.


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