Cost Manager

A reputable organization seeks a dedicated individual for this role. Position Overview: - The Cost Manager is responsible for planning, monitoring, and controlling production and operational costs to ensure efficient use of resources and improved profitability. T - he role involves analyzing cost structures, implementing cost-reduction strategies, and supporting management with accurate financial insights for decision-making. Key Responsibilities: - Develop, implement, and maintain cost control systems for manufacturing operations. - Monitor raw material, labor, overhead, and production expenses to ensure budget compliance. - Prepare and analyze cost reports, variance analysis, and performance summaries. - Identify cost-saving opportunities and recommend process improvements. - Support budgeting, forecasting, and financial planning activities. - Work closely with production, procurement, and warehouse teams to optimize resource usage. - Evaluate suppliers’ pricing and support negotiation processes. - Ensure accurate product costing and pricing structures. - Review inventory levels and minimize waste, losses, and inefficiencies. - Ensure compliance with company policies, internal controls, and regulatory requirements. - Provide management with timely and reliable financial insights. - Support audits and financial reviews related to cost management. Required Qualifications: & Experience - Bachelor’s degree in accounting, Finance, Economics, or related field. - Professional certification (ICAN, ACCA, CIMA) is an advantage. - Minimum of 4 - 6 years’ experience in cost management or manufacturing finance. - Strong knowledge of cost accounting and financial analysis. - Proficiency in ERP systems and Microsoft Excel. - Experience in FMCG or manufacturing environment preferred.