Manager Costing
Midas Safety
Requirements:
Qualification:
-ICMA, CA, ACCA .
Experience:
-8–10 years of experience in manufacturing costing and finance.
Technical Expertise:
-Strong knowledge of product costing, standard costing, BOM-based costing, and material & conversion costing.
-Hands-on experience with SAP S/4HANA, including Controlling (CO), Product Costing and Profitability Analysis (COPA).
-Experience in cost center accounting, variance analysis, management reporting and month-end closing.
-Sound understanding of inventory accounting, inventory valuation, provisioning and working capital management.
Responsibilities:
-Lead product costing activities, including product cost estimates, BOM-based costing, and material and conversion cost analysis.
-Review average costing and profitability analysis (COPA) to support commercial and operational decision-making.
-Manage month-end CO closing activities and ensure timely completion of all costing-related deliverables.
-Prepare and review management reports, dashboards, variance analysis and ad hoc financial reports.
-Monitor cost centers, activity rates, capacity utilization, utility consumption and labor costs to drive cost control and operational -efficiency.
-Review inventory aging, provisioning, stock counts, receivables and inventory-related reports to support effective working capital management.
-Analyze production variances, material and sales price variances, overhead absorption, and rejection trends.
-Conduct regular production floor reviews to identify cost-saving opportunities and improve manufacturing performance.
-Support annual budgeting, rolling forecasts, outlook preparation and contribution margin reviews.
-Partner with business, corporate and regional teams to resolve operational issues and provide financial insights.
-Strengthen costing processes, internal controls and reporting practices to improve financial accuracy and operational efficiency.
Location:
Karachi, Pakistan.
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