Assistant Manager, Costing

About the role

The Assistant Manager, Costing supports product costing, inventory valuation, production and maintenance order costing, budgeting and month‑end closing. The role ensures accurate standard and actual costs, investigates variances and provides reliable financial information for operational and management decisions. It works closely with Production, Maintenance, Procurement, Supply Chain, Quality, IT and Finance teams.

Key responsibilities

• Manage product, production, process, maintenance, subcontracting and inventory costing activities to ensure accurate cost allocation and reporting.
• Review purchase orders, material costs, landed costs, inventory movements and budget consumption; investigate significant pricing and quantity variances.
• Monitor production orders, material usage, labor, yield, waste, scrap, rework and overhead costs; identify root causes and recommend corrective actions.
• Oversee maintenance and subcontracting costs, material consumption, stock balances and order settlements to ensure accurate accounting and timely closure.
• Coordinate inventory valuation, provisions, physical counts, stock transfers, slow‑moving/obsolete inventory and inventory reconciliations.
• Lead standard costing cycles in SAP, including BOMs, routings, production versions, costing runs, cost roll‑ups and standard cost updates.
• Drive month‑end costing activities: cost allocations, activity rates, order settlement, variance analysis, journal entries and reconciliation of costing, inventory and GL balances.
• Support annual budgeting, forecasting, cost baselines, expenditure monitoring and analysis of budget‑to‑actual variances.
• Prepare new product cost estimates and provide cost analysis for pricing, profitability, make‑or‑buy and investment decisions.
• Identify cost‑reduction and process‑improvement opportunities and deliver financial insights to Production, Procurement, Supply Chain and Maintenance.

Required profile

• Bachelor’s degree in Accounting, Finance, Cost Accounting or a related discipline.
• Professional certification such as CMA, CPA, ACCA, SOCPA or equivalent.
• Training or certification in SAP Controlling, Material Management or Production Planning.
• Relevant experience in cost accounting, manufacturing accounting, inventory control or financial analysis.

Required skills

• SAP Controlling
• SAP Material Management
• SAP Production Planning