Costing Manager

Overview

The Costing Manager is responsible for overseeing and optimizing the costing processes within an organization. This role ensures accurate cost data, supports strategic decision-making, and drives cost reduction initiatives.

Responsibilities

  • Cost Estimation:
    • Develop and maintain accurate cost estimates for new products, projects, and services.
    • Analyze cost drivers and identify potential cost-saving opportunities.
  • Standard Costing:
    • Establish and maintain standard costs for products and services.
    • Update standard costs regularly to reflect changes in material prices, labor rates, and overhead costs.
  • Variance Analysis:
    • Analyze variances between actual costs and standard costs.
    • Identify the root causes of variances and implement corrective actions.
  • Cost Reduction:
    • Lead initiatives to reduce costs across various areas of the business.
    • Identify opportunities for process improvement, material substitution, and cost-saving measures.
  • Financial Reporting:
    • Prepare and analyze cost reports for management review.
    • Provide cost data to support financial planning and budgeting.
  • Data Analysis:
    • Utilize data analytics tools to analyze cost data and identify trends.
    • Develop cost models and simulations to support decision-making.
  • Team Management:
    • Lead and manage a team of cost analysts.
    • Provide guidance, training, and support to team members.

 

 


Bachelor's degree in Accounting, Finance, or a related field.Minimum 10 years of experience in cost accounting or a similar role.Strong understanding of cost accounting principles and methods.Proficiency in ERP systems (e.g., SAP, Oracle).Excellent analytical and problem-solving skills.Strong communication and interpersonal skills.Ability to work under pressure and meet deadlines.Additional Preferred Qualifications:MBA or CPA certification.Experience in a manufacturing or service industry.Knowledge of cost-reduction methodologies (e.g., Lean, Six Sigma).
تاريخ النشر: اليوم
الناشر: Wuzzuf .com
تاريخ النشر: اليوم
الناشر: Wuzzuf .com