As a Senior Costing Analyst, you will be responsible for overseeing and managing the costing process within our organization. You will work closely with various departments to ensure accurate cost analysis and reporting, enabling informed decision-making and strategic planning. This role requires a strong analytical mindset, attention to detail, and the ability to communicate effectively with stakeholders.
- Cost Analysis: Conduct detailed cost analyses and variance reporting to identify trends and discrepancies.
- Costing Methodologies: Implement and maintain appropriate costing methodologies (e.g., job order, process costing) to enhance accuracy.
- Collaboration: Collaborate with cross-functional teams, including finance, operations, and procurement, to gather data and insights.
- Financial Reporting: Prepare comprehensive financial reports, highlighting key findings and recommendations for management.
- Process Improvement: Identify opportunities for cost reduction and process improvement, leading initiatives to enhance efficiency.
- Compliance: Ensure compliance with relevant regulations and accounting standards in costing practices.
- Mentoring: Provide guidance and mentorship to junior costing staff and interns.
- Stock Pricing: Conduct monthly and year-end inventory assessments, ensuring accurate stock valuation and reporting.
Education: Bachelor’s degree in Accounting or Finance.Experience: 4 to 5 years of experience in cost accounting, with at least 2 years in a senior role.Technical Skills: Proficiency in advanced Excel skills.Analytical Skills: Strong analytical and problem-solving skills with a keen attention to detail.Communication: Excellent verbal and written communication skills, with the ability to present complex information clearly.Strong understanding of costing principles and financial reporting.Ability to work independently and as part of a team.Proactive approach to identifying issues and implementing solutions.Strong organizational skills and the ability to manage multiple priorities