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Costing Manager

Mass Food Group / Kellogg's Company
6th of October, Giza
Posted 5 years ago
163Applicants for1 open position
  • 77Viewed
  • 0In Consideration
  • 39Not Selected
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Job Details

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Job Description

The Costing Manager position is responsible for the overall accounting and costing functions, including audit, compliance and taxes under various laws and regulations.

  • Prepare cost estimates of new or special products for establishing selling prices and production forecasts.
  • Reconcile inventory sub-ledgers with general ledger.
  • Calculate overhead rates and update them periodically.
  • Work with production departments to establish expense budgets and analyze monthly spending reports.
  • Analyze gross margins and identify opportunities for improvement.
  • Analyze cost of contract manufacturing vs. in-house production.
  • Lead process improvement initiatives.
  • Analyze inventory reserve requirements.
  • Analyze cost of raw materials and evaluation of new suppliers.
  • Distribute costs between the various divisions of management and production.
  • Establish processes and controls to ensure accuracy of inventory records and minimize write-offs.
  • Product cost analysis of labor and material content for laser, forming, welding, machining, paint, assembly, and other metal fabrication operations.
  • Quarterly commodity price increases with manufacturers.
  • Month end purchase price variance analysis.
  • Review and maintenance of master data including material master, BOM, and Routings.
  • Period end close process including JE’s and analysis.
  • Month end product cost, inventory valuation, inventory obsolesce, and other executive financial reporting.
  • Manufacturing spending analysis and support of plant spending initiatives.
  • Support of supply chain initiatives related to product costing.
  • Development and monitoring of plant metrics.
  • Work with manufacturing to ensure the timely closure of open production orders.

Job Requirements

  • Overall 10 + years of accounting/ finance experience
  • 3+ years as a costing Manager
  • FMCG background is a Must
  • Fluent English

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