Cost & Budget Manager

Job Description:

• Build a pricing system that depends on both internal figures (cost & -profit) and external figures (competitors and the market).
• Help in preparing budget, financial model and feasibility studies by which management can use in their short term and long-term decision.
• Ensures that costs for the company's products and services are allocated according to corporate procedures and in compliance financial accounting standards.
• Recommends actions to identify and correct inefficient operation resulting in lower operating cost and improve productivity.
• Provide financial leadership by supplying plant and corporate management accurate and timely financial data as analysis.
• Support the top management on day to day as well as on long term strategic view.
• Manage 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 project revenue and expenses.
• Prepare budgets according to the company guidelines and in a manner that cater to all departments.
• Preparation of variance analysis reports and investigating the reason for cost control purpose and to make recommendations.
• Other reporting requirements as advised from time to time.