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COSTING LEAD FINANCE

Salary undisclosed

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Strategic Cost Management & Leadership: Develop, implement, and optimize cost control strategies to enhance operational efficiency and profitability. Provide high-level cost analysis and financial insights to senior management for strategic decision-making. Establish and enforce costing policies, standards, and frameworks to ensure accuracy and consistency. Lead cross-functional collaboration with finance, operations, supply chain, and procurement teams to optimize cost structures. Identify and drive cost-saving initiatives, process improvements, and margin optimization strategies. Advanced Costing & Financial Reporting: Oversee product costing methodologies (Standard, Actual, Variance Analysis) and ensure accurate financial reporting. Review and validate SKU pricing, ensuring alignment with market conditions and cost trends. Manage Bill of Materials (BOM) costing and conduct periodic audits to maintain system accuracy. Ensure proper inventory valuation, cost allocations, and reconciliations in compliance with accounting standards. Develop and maintain financial models to analyze cost trends, profitability, and business impact. Compliance, Audit & Risk Management: Ensure compliance with IFRS, GAAP, tax regulations, and internal financial policies. Lead internal and external audits related to cost accounting, inventory controls, and regulatory reporting. Maintain strong internal controls to prevent financial discrepancies, inefficiencies, or cost leakages. Monitor and analyze external factors such as inflation, forex fluctuations, and government policies that impact costing. Leadership & Process Optimization: Lead and mentor a team of cost analysts/accountants, fostering professional growth and knowledge sharing. Spearheaded ERP system enhancements for product costing, ensuring seamless integration and data accuracy. Partner with IT and finance teams to migrate costing processes to in-house systems for greater automation and efficiency. Establish key performance indicators (KPIs) for cost efficiency and continuous improvement.