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Deputy Manager, Costing

Job Description - Deputy Manager, Costing



Key Responsibilities



  • Plan, study, and collect cost data related to raw materials, inventory, and labor at SKU level

  • Analyze collected data and record findings

  • Assess the cost impact of changes in product design, raw materials, manufacturing methods, or services, and determine product-level margins

  • Analyze actual manufacturing costs and prepare standard versus actual cost reports

  • Record and maintain cost information to support expenditure control

  • Conduct cost audits and prepare related reports

  • Develop cost estimates for new and proposed products

  • Provide management with profitability and pricing analysis reports

  • Maintain and enhance the Cost Accounting System

  • Support month-end General Ledger closing activities

  • Conduct physical inventory counts and monitor cycle count programs

  • Reconcile finished goods inventory balances

  • Perform valuation of Work-in-Progress (WIP) and Finished Goods (FG) inventories

  • Reconcile Cost of Goods Sold (COGS) for reporting, internal audits, and external audits, while identifying process improvement opportunities

  • Manage fixed asset accounting in compliance with IGAAP requirements

  • Support other finance functions as required

  • Reconcile CAPEX spending against budgets and forecasts, and track payback periods and margin improvements for NPD and VAVE projects



Requirements




- Relevant experience in Cost Accounting within a manufacturing environment

- Bachelor's Degree in Accounting, Finance, or CWA qualification

- Strong background in cost systems and excellent analytical skills

- Sound understanding of accounting principles

- Advanced Excel skills and proficiency in Outlook and Word

- Experience partnering with engineering and manufacturing teams on cost standard development and analysis

- Ability to prepare accurate daily, weekly, monthly, quarterly, and annual reports

- Strong communication and stakeholder management skills for cross-functional collaboration and follow-up activities



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About the Company

Imi Plc

We do much more than creating simple components for customers – we look for ways of solving industry problems that have an impact on everyday life.

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