Corporate Costing Manager
Nestlé
Date: 7 hours ago
City: Lahore
Contract type: Full time
POSITION SNAPSHOT
Location: Lahore, Pakistan
Company: Nestlé
Job Type: Full Time, Permanent
Position Summary
The Corporate Costing Manager leads the corporate costing function for Nestlé Pakistan, overseeing approximately PKR 140 billion in costs, equivalent to around 70% of NNS in the P&L. The role ensures accurate and consistent cost analysis, strengthens cost governance, and turns financial insights into clear recommendations that support strategic and operational decision-making. Based at the Head Office, the position leads a team of four members and partners with Business Units, Factories, Finance, Technical and Supply Chain teams to identify cost optimization opportunities, improve forecasting quality, and protect the integrity of costing data and controls.
A Day in the Life of Corporate Costing Manager
Location: Lahore, Pakistan
Company: Nestlé
Job Type: Full Time, Permanent
Position Summary
The Corporate Costing Manager leads the corporate costing function for Nestlé Pakistan, overseeing approximately PKR 140 billion in costs, equivalent to around 70% of NNS in the P&L. The role ensures accurate and consistent cost analysis, strengthens cost governance, and turns financial insights into clear recommendations that support strategic and operational decision-making. Based at the Head Office, the position leads a team of four members and partners with Business Units, Factories, Finance, Technical and Supply Chain teams to identify cost optimization opportunities, improve forecasting quality, and protect the integrity of costing data and controls.
A Day in the Life of Corporate Costing Manager
- Lead the corporate costing strategy by setting cost management priorities, identifying key cost drivers, and translating business objectives into practical cost control and optimization plans.
- Oversee costing analysis and reporting, ensuring that cost data, forecasts and financial insights are accurate, consistent, timely and compliant with established standards.
- Lead annual budgeting and periodic forecasting for cost-related areas, working closely with business units, factories and cross-functional teams to validate assumptions and maintain alignment with strategic priorities.
- Analyze cost trends, variances and emerging risks, and provide senior management with fact-based insights and recommendations to improve performance and decision-making.
- Validate and track cost-saving initiatives, support continuous improvement projects, and develop trend analyses that highlight inefficiencies and opportunities for sustainable savings.
- Partners with the CFO, Head of Decision Support, Operations Controllers, Business Units, Finance, Technical and Supply Chain teams to align costing priorities and enable effective decisions.
- Ensure adherence to Nestle Costing Standards, internal policies and controls, while proactively managing risks that could affect costing accuracy or data integrity.
- Lead, coach and develop a team of four costing professionals, creating a collaborative, inclusive and high-performing culture focused on accountability and continuous learning.
- Support internal & external audit requirements and provide clear, well-substantiated costing information when required.
- Master's degree in Accounting and Finance, MBA (Finance) or a professional qualification such as CA, CMA or ACCA.
- Minimum 7-10 years of relevant experience in cost management, corporate costing and financial analysis, preferably within the FMCG sector.
- Practical experience of manufacturing and white-collar costing standards, including budgeting, forecasting and variance analysis.
- In-depth knowledge of costing principles, cost drivers, cost management practices and financial controls.
- Advanced financial analysis, budgeting, forecasting and reporting skills, with the ability to convert complex data into actionable business insights.
- Working knowledge of SAP CO modules and strong proficiency in English.
- Strong strategic thinking and fact-based decision-making, with the ability to lead change and simplify complex processes.
- Proven people leadership capability, including coaching, feedback, performance enablement and development of high-performing teams.
- An end-to-end mindset and strong stakeholder management skills, with the confidence to influence senior leaders and collaborate across Finance, Operations, Technical, Supply Chain and business teams.
- High standards of governance, compliance and data integrity, combined with sound judgement and accountability.
- Analytical and detail-oriented, with strong problem-solving skills and the ability to identify trends, discrepancies and improvement opportunities.
- Adaptable and resilient, with the ability to manage competing priorities and perform effectively in a changing business environment.
- Collaborative, inclusive and transparent, with a strong commitment to trust, respect and shared outcomes.
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