Cost Controller

JOB DESCRIPTIONS: • Responsible for cost analysis, target costing, margin analysis, and tracking of cost of underlying activities. • Update standard costs in the bill of material (BOM) and review standard & actual costs. • Coordinate Inventory taking.• Month End closing and preparation of reports. • Assist in cost accounting system updates. • Review the controls needed for data accumulation and reporting systems. • Coordinate physical inventory taking. • Investigate & coordinate reconciliation of cycle counting variances and resolve issues with process owners.• Assist in setting up the manufacturing costing and stock valuation method in accordance with accounting policies. • Verifying the bill of material (BOM) and performing validation on the monthly manufacturing costing data • Update standard costs in bill of material (BOM) and review standard & actual costs for inaccuracies. • Review production overhead and variances to ensure accuracy of product costing. • Assist in product margins analysis and cost centers/plants. • Report on periodic variances and their causes. • Ensure all category stock movement and ending balance tally with the accounting inventory ledger account. • Review reports prepared by junior executives.