Costing Manger
Cedar Glass
Total years of experience :17 years, 7 Months
* Prepare, devise, and regulate procedures for establishing unit cost of services and products.
* Closing the costs monthly and make sure all deadlines are met. Provide commentary and analysis of costs against Budget.
* Ensure that manufacturing costs are distributed to all producing units.
* Provide cost control solutions for all phases of the productions.
* Prepare detailed reports to study and eliminate the causes of fluctuation in costs.
* Offer pricing strategies making cost proposals more competitive and cost efficient.
* Prepare income statement monthly with detailed reports for all elements.
* Prepare budgets according to the project requirements and expected outputs.
* Provide support during the annual audit process by working with the auditors to answer queries and provide analysis as required in a timely manner.
- Calculate the value of normal and abnormal spoilage and make its accounting treatment.
- Analysis on actual manufacturing costs by providing periodic reports comparing actual production vs. standard production.
- Participate in Pricing of new products using cost plus base.
- Make monthly report of contribution margin for each product and each segment.
- Make budget for the costs of production based on the forecast ed sales.
- Make monthly report that shows the items that made loss and determining the cause of that loss.
- Comparing actual costs with standard costs monthly.
- Identifying the variance and make analysis of the cause of favorable variance and come up with ideas on how to overcome unfavorable variances.
- Using the financial software (ERP “oracle”) in recording data and printing reports.
- Responsible for follow-up letters of credit from the beginning and even order the goods to arrive in stores and record bank charges and the cost of transport and customs clearance.
- Complete inventory control in terms of receiving, issues and conversion into product transactions to reach a successful physical inventory.
- Prepared monthly basis management production report, power consumption comparison report, waste analysis report and raw material average consumption.
o Analysis of material, labor and overhead variances to give management tools for better decision making
- Allocate joint costs that occur from a common manufacturing process and separable cost after split-off point.
- Review process Hours for all job order.
- Finalizing all accounts relating to material consumption for year-end accounts and inventory adjustments arising out of comparison of physical stocks with book values.
- Validated the cost of goods sold as part of the month-end close.