
Senior Costing Specialist
7 days ago
**Job Title:** Senior Costing Specialist
We are seeking a highly skilled and experienced professional to join our team as a Senior Costing Specialist.
Key Responsibilities:- Prepare Import-related Purchase Orders, Purchase Invoices, and Credit Notes ensuring accurate costing and timely submission to the ERP system.
- Analyze lot-wise ordering and packing with goods receipts to optimize inventory management.
- Generate Daily Stock Movement reports to track inventory levels and identify potential issues.
- Calculate Imports Landed Costs and submit them to the Enterprise Resource Planning (ERP) system for accurate financial reporting.
- Determine Standard vs Actual Production Variance reports to identify areas for cost reduction and process improvement.
- Update and record product Bills of Materials (BOM) and Exploded BOMs in the ERP system to ensure accuracy and compliance.
- Enter daily store movement data and cost center-wise production information into the ERP system.
- Conduct Physical Stock Take activities, item reconciliation, and adjustments to maintain inventory accuracy.
- Record local supplier invoices based on Goods Received Notes (GRN) and matching work orders.
- Reconcile and monitor supplier ledgers to ensure timely payments and accurate financial reporting.
- Supervise Accounts Payable and Receivable teams to ensure smooth financial operations.
- Bachelor's or Master's degree in Accounting or Finance with certifications such as CPA, CMA, ACCA, or ICMA.
- Strong understanding of Cost Accounting principles and practices.
- Excellent analytical skills and attention to detail.
- Proficiency in generating financial statements and journal entries.
- Experience using financial software/ERP systems.
- Proven experience in costing and financial analysis.
- Strong proficiency in Excel and costing software.
- Excellent analytical and problem-solving abilities.
- Effective communication and teamwork skills.
- Knowledge of the Electrical/Electronic Manufacturing industry is desirable.
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