Responsible for product costing to monitor cost increases, track cost reductions of existing products, and assist in pricing and margin analysis for new products.
• Liaise with:
• Tax team
• Legal team
• Ensure accurate provisioning and maintain schedules accordingly.
• Review the accuracy of HR provisioning and monthly MIS reports related to HR, Sales & Marketing, Price/Mix, material costs, VOH (Variable Overhead), and FOH (Fixed Overhead), and provide analysis and insights.
• Assist in budget preparation, including:
• Sales budgets
• Materials budgets
• Conduct new project evaluations and analyze the financial impact of any changes.
• Review material price variances, material wastage reports, volume and value variances, and variable overhead variances.
• Ensure completion of monthly closing checklists.
• Scrutinize the trial balance monthly to ensure financial hygiene and accuracy.
• Follow up on internal audit issues and ensure compliance.
• Assist with tax-related tasks including tax declarations, tax audits, and tax inspections.
• Analyze gross contribution variance, product mix variances, and sales variances by responsible person.
• Support the preparation and analysis of financial statements.
• Perform any other duties as assigned or delegated by the line manager.