
Optimizing Financial Performance
21 hours ago
Cost Optimization Specialist
Job Description:We are hiring a strategic cost optimization specialist for a leading manufacturing client. This key role is responsible for managing and optimizing cost structures, ensuring accurate inventory and cost reporting, and supporting financial performance.
The ideal candidate will bring a strong understanding of cost drivers, ERP data integrity, and collaboration across departments to deliver impactful financial insights and controls.
Key Responsibilities:- Monitor actual vs budgeted costs across all departments, identify variances, and justify deviations.
- Conduct detailed variance analysis for materials, labor, and overheads.
- Evaluate cost drivers, highlight inefficiencies, and recommend improvements.
- Design and implement cost control dashboards and reporting tools.
- Develop pricing models, forecasts, and strategic cost reports for decision-making.
- Ensure accuracy in standard costing systems.
- Conduct CVP analysis for pricing and margin planning.
Collaboration with operations and procurement teams on sourcing, pricing, and vendor evaluation.
Analysis of cost implications of make-or-buy decisions and process improvements.
Requirements:- Must be CA or ACCA Qualified.
- Minimum 5 years PQE.
- Relevant experience in a manufacturing industry environment is essential.
Mid-Senior level position in a dynamic organization.
Full-time employment with opportunities for growth and development.
Management and Manufacturing role in Strategic Management Services.
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