Ø Update and control new product costs.
Ø Update all costs to current prices and exchange rate on monthly basis and control inventory revaluation.
Ø Provide cost information to business with various assumptions to product manager for pricing decisions.
Ø Update the business with inflation/ deflation workings vs plan, forecast and suggest corrective action to minimize the impact.
Ø Prepare accurate estimates based on order & suggest cost effective approach
Ø Conduct analysis in such areas as manufacturing and operating expenses and scrap.
Ø Quarterly asset wise contribution and expense analysis.
Ø Product cost statement and Costing database to revert with costs information to stake holders.
Ø Support and assists in conducting Cost Audit.
Ø Ensure the monthly/quarterly closing activities & reporting on time
Ø Submit monthly variance statements for expenses with analysis to support achievement of plans.
Ø Support and assist in Internal and statutory audit.
Ø Ensure compliance for costing process.