Collaborate with cross-functional teams to gather data for cost analysis and ensure alignment with financial goals.
Collaborate with cross-functional teams including production, procurement, marketing and finance to optimize resource allocation.
Prepare detailed reports on cost variances, profitability analysis, and budget forecasting for management review
Analyze cost variances, identify trends, prepare detailed reports on costing analyses and provide actionable insights to senior management for decision-making.
Implement best practices in costing methodology to improve accuracy and efficiency across all departments.
Monitor inventory levels and ensure accurate financial reporting related to stock valuations.
Lead budgeting processes by compiling data from various departments to create comprehensive forecasts.
Implement continuous improvement initiatives aimed at cost reducing
Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
Design effective budget models for departments as well as the organization.
Analyze financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget.
Review budget requests for approval.
Identify variances between actual and budgeted financial results at the end of each reporting period.
Ensure department managers meet budget submission deadlines.
Design and implement effective budgeting policies and procedures.
Lead the transition from the existing cost environment to a new standard cost system.
Gathers historical cost data (materials, labor, depreciation, operating expenses, etc.), to compare budgets with actual expenses.
Perform financial analysis and forecast revenue and expenses of projects.
Other reporting requirements as advised from time to time.
Create and maintain comprehensive databases for MIS reporting, ensuring data integrity and accessibility.
To ensure timely submission of MIS to the management.
Age At least 27 years Expertise in Advance excel / Power point
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