Manage and maintain standard costing for raw materials, work-in-progress (WIP), and finished goods.
* Analyze manufacturing variances, including material, labor, overhead, and purchase price variances.
* Perform monthly cost accounting close activities, journal entries, reconciliations, and inventory valuation.
* Prepare and review cost of goods sold (COGS) analysis and margin reports.
* Conduct inventory reconciliations, cycle counts, and physical inventory audits.
* Monitor and analyze inventory reserves, obsolete stock, and slow-moving items.
* Support budgeting, forecasting, and annual standard cost updates.
* Review Bills of Materials (BOMs) and production routings to ensure costing accuracy.
* Prepare management reports highlighting cost trends, variances, and profitability analysis.
* Partner with Operations and Supply Chain teams to identify process improvements and cost reduction opportunities.
* Ensure compliance with IFRS/GAAP, internal controls, and audit requirements.
* Support ERP system enhancements and costing process automation initiatives.