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.
Cost Accounting, target costing , Product Costing, reporting systems, Cost Analysis, Stock Valuation, margin analysis