Job Summary:
The Costing Manager is responsible for managing the costing operations, ensuring accurate product costing, and financial analysis to support business decision-making. The role involves collaborating with production, procurement, and finance teams to develop and maintain cost accounting systems, analyze variances, and provide insights into cost control and profitability.
Key Responsibilities:
Cost Accounting Management:
- Develop and maintain accurate cost accounting systems and processes.
- Review and ensure accurate product costing, including material, labor, and overhead costs.
- Oversee and manage inventory valuation, cost of goods sold (COGS), and standard costing.
Financial Analysis & Reporting:
- Perform in-depth cost analysis and profitability assessments for product lines and business segments.
- Prepare periodic cost reports, budgets, and forecasts for management review.
- Analyze and monitor cost variances, identifying areas for improvement or optimization.
- Provide cost data and insights to support business strategies, pricing decisions, and operational efficiencies.
Budgeting & Forecasting:
- Assist in the preparation of the company’s annual budget and periodic forecasts, ensuring alignment with operational goals.
- Collaborate with department heads to ensure budget adherence and cost control measures.
Collaboration with Cross-Functional Teams:
- Work closely with the procurement, production, and operations teams to develop cost models and understand production flow.
- Participate in product development and pricing discussions to ensure accurate costing for new products.
- Support continuous improvement initiatives related to cost reduction and operational efficiency.
Compliance & Audit:
- Ensure compliance with internal financial controls, policies, and procedures related to costing and inventory.
- Support internal and external audits by providing accurate costing and inventory records.
Leadership & Team Management:
- Lead and mentor the costing team, providing guidance on technical costing matters and career development.
- Foster a collaborative and performance-driven team environment.
Crown Food Packaging (Thailand) Public Co.,Ltd.
