Assistant Manager - Costing

Job Description:

Prepare analysis review with standard cost and actual cost for inaccuracies and forecast it to
top level management.
Validate the cost of goods sold as a part of month end closure to support the pricing analysis.
Implement effective manual costing Report to check cost discrepancies before releasing the
cost in system.
Periodically review the BOM and Overhead allocations and fix the cost leakages
Analyze and report jobwise and customer wise profit margins
Compute the labour hour and machine hour rates and determine fixed costs (e.g. salaries
rent and insurance etc.)
Perform comprehensive variance analysis and check the correctness of overhead Cost and
duties with all the possible conditions.
Responsible for month end FIFO /Weighted average
run for inventory valuation and to make sure the FIFO impact is reduced by constantly
tracking on the proper maintenance of source and price of each material and routing
changes to execute the Effective run in the month end.
Communicate effectively across the departments to provide quick and accurate resolution to
costing related issues
Prepare the consolidated report on Cost of Production for last five years to help the team to
analyze Variance
Prepare (monthly quarterly and annual) cost forecasts
Assisting in monthend and yearend closing
Identify and recommend costeffective solutions and Other cost accounting related Activities.