Role Overview
In this critical role, you will manage end-to-end cost accounting for product lines, identify cost improvement opportunities, support bid pricing, and drive analytical insights to enhance financial and operational performance. You will work closely with cross-functional teams including production, engineering, and sales.
Key Responsibilities:
Product Costing & Profitability Analysis
- Lead detailed product and project-level costing, including direct and indirect cost elements.
- Perform margin analysis across products and contracts, identifying cost levers for improvement.
- Reconcile budgeted vs actual costs and drive root-cause variance analysis.
Operational Efficiency & Constraint Analysis
- Collaborate with operations teams to assess production bottlenecks and resource constraints impacting cost or output.
- Recommend process or sourcing changes to reduce idle time and improve throughput.
Pricing Support for Bids & Proposals
- Support sales during bid evaluations, ensuring pricing is aligned with cost structure and target margins.
- Run sensitivity analysis for large deals and product customizations.
Cost Reporting, Budgeting & Forecasting
- Lead preparation of cost and margin dashboards and support budget planning.
- Contribute to performance forecasting using cost and efficiency metrics.
Inventory Valuation & Compliance
- Ensure accurate inventory and WIP valuation in line with internal policies and cost standards.
Key Performance Indicators (KPIs) for the role:
- Accuracy of product costing and margin projections
- Reduction in cost variances and operational inefficiencies
- Win-rate improvement in price-sensitive bids
- Improvement in cost-to-output ratios
- Timely delivery of reports to internal stakeholder
NOTE: Interested candidates can share their resumes to [Confidential Information] preferable from Manufacturing industry
Requirements
Must-Have Skills
- 69 years of experience in cost accounting in manufacturing or engineering-heavy industries. Exposure to project-based or contract manufacturing costing preferable
- Strong command of standard costing, inventory accounting and variance analysis
- Familiarity with ERP systems
- Understanding of Theory of Constraints (TOC) or throughput thinking
- Hands-on experience supporting pricing or bid processes
- Strong analytical and cross-functional communication skills
Qualifications:
- CMA or equivalent (CA Inter with costing specialization also acceptable)
- Additional coursework or certification in operations finance (preferred)
