Job Description

• Develop, implement, and maintain cost control systems and procedures to ensure optimal financial performance across all manufacturing operations.
• Analyze production costs, material usage, labor expenses, and overhead to identify opportunities for cost reduction and process improvement.
• Prepare detailed cost reports, forecasts, and variance analyses to support strategic decision-making by senior management.
• Collaborate with cross-functional teams including production, procurement, and finance to ensure accurate cost allocation and budgeting.
• Monitor and report on key cost drivers, providing actionable insights to enhance profitability and operational efficiency.
• Lead regular cost audits and inventory reviews to ensure compliance with internal policies and industry standards.
• Establish and maintain standard costing methodologies, updating as necessary to reflect changes in production processes or market conditions.
• Support the annual budgeting process and provide ongoing financial analysis to track performance against targets.
• Train and mentor staff on cost control best practices and foster a culture of continuous improvement.
• Stay abreast of industry trends, regulatory changes, and emerging technologies to recommend innovative cost management strategies.
• Track production yields, waste levels, and operational efficiency.
• Establish and manage the documentation cycle for controlling raw materials, packaging, and finished goods stock movements (Issue – Return – Adjustments).
• Ensure accurate inventory valuation and perform regular stock reconciliations.
• Prepare monthly costing performance reports and dashboards for management review.

Job Requirements

• Minimum of 8 years of progressive experience in cost control, cost accounting, or financial management within a manufacturing environment.
• Proven track record of implementing cost control systems and achieving measurable cost savings.
• Strong analytical skills with the ability to interpret complex financial data and present clear, actionable recommendations.
• Excellent communication and interpersonal skills to collaborate effectively with cross-functional teams.
• Demonstrated leadership abilities with experience managing or mentoring staff.
• Advanced proficiency in Microsoft Excel and financial management software.
• Thorough understanding of manufacturing processes, cost drivers, and industry best practices.
• Ability to work on-site in a fast-paced, quality-driven environment.
• Exceptional organizational skills and attention to detail.
• Commitment to upholding the highest standards of integrity and confidentiality.

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