Financial Cost Analyst

Key Responsibilities: Cost analysis and control: Identify and analyze cost drivers, prepare cost reports, and recommend cost-saving strategies. Conduct detailed analysis of operational expenses, cost variances, and trends to identify areas for improvement and cost savings.Budgeting and forecasting: Assist in creating budgets, forecasting costs, and monitoring performance against the budget through variance analysis.Financial reporting: Produce monthly management accounts, profit and loss statements, and other financial reports for senior management.Inventory management: Monitor and value inventory, coordinate stock takes and ensure accurate tracking of the cost of goods sold.Pricing support: Provide cost-based data to help management in setting prices for products and services.Compliance: Ensure adherence to cost accounting standards and regulationsMonitoring and reporting: Monitor expenditures, track financial performance, and prepare accurate and timely reports, including variances, for management and stakeholdersEnsure accurate product costing, margin analysis, and cost optimization.Process improvement: Work with production and operational teams to improve efficiency and implement cost-effective strategiesMaintaining standard costs, BOMs, routings, and overhead rates in the SAP; leading month-end close for COGS, absorption, and variances; performing materials, labor, and overhead variance analyses and product profitability analyses; driving cost-reduction initiatives, cost-to-serve and activity-based costing analysesResponsible continuous process improvements: generating management reports and dashboards with KPIs (COGS, gross margin, unit cost, scrap/defects) and providing decision-support for pricing, make/buy, and capital projects.Ensuring GAAP/IFRS compliance and internal controls including SOX as applicable; collaborating with all department like, Marketing, Manufacturing, Rental, Engineering, Procurement, and FP&A etc. Qualification & Skills: Qualifications include a bachelor's degree in accounting/finance (CMA preferred)10+ years of cost accounting experience in manufacturing; strong knowledge of standard costing, absorption costing, and BOM/routings; SAP experience (SAP B1, or equivalent); advanced Excel and data-analysis skills; familiarity with Power BI/SQL a plus; and excellent analytical, problem-solving, communication, and cross-functional collaboration abilities.Strong understanding of financial principles and deposit processes.Excellent attention to detail and problem-solving skills.Proficient in Microsoft Excel and financial software.Strong communication and organizational skills.Ability to work in a fast-paced environment and handle multiple tasks.