Strategic Costing and Budgeting Lead

6 days ago


Saddar Town, Pakistan Aisha Steel Mills Limited Full time

Job Summary:

Aisha Steel Mills Limited seeks a seasoned professional to fill the role of Strategic Costing and Budgeting Lead. This individual will be responsible for overseeing the development of standard costs, providing critical information to management regarding product pricing, and implementing budget and variance reporting through SAP.

Key Responsibilities:

  • Spearhead the development of standard costs in collaboration with technical departments to ensure accurate representation of company products.

  • Provide actionable insights to management on product pricing strategies to achieve targeted revenue and profit goals.

  • Design and implement budgeting processes and variance reporting through SAP to optimize financial performance.

  • Monitor and enforce the implementation of revenue and capital budgets.

  • Develop templates for comprehensive budget information compilation.

  • Conduct thorough cost trend analysis and forecasting to identify areas of concern and recommend corrective measures.

  • Drive cost-saving initiatives by conducting in-depth cost analyses.

  • Oversee cost tracking and logistics activities, including quarterly physical stock taking and reconciliation.

  • Ensure adherence to IFRS requirements and standards by supervising accounting operations and internal control systems.

  • Deliver monthly management reports on cost and budget variances.

  • Establish and maintain costing and budgeting policies and manuals.

Requirements:

  • Proven expertise in SAP CO Module as a Power User.

  • Familiarity with IFRS's and cost accounting principles in manufacturing environments.

  • Degree in ACMA or ACCA with a minimum of 4 years' experience in the manufacturing industry.



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