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Midas Safety Pakistan

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Manager Costing

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Requirements:

Qualification:
-ICMA, CA, ACCA .

Experience:
-8–10 years of experience in manufacturing costing and finance.

Technical Expertise:

-Strong knowledge of product costing, standard costing, BOM-based costing, and material & conversion costing.

-Hands-on experience with SAP S/4HANA, including Controlling (CO), Product Costing and Profitability Analysis (COPA).

-Experience in cost center accounting, variance analysis, management reporting and month-end closing.

-Sound understanding of inventory accounting, inventory valuation, provisioning and working capital management.

Responsibilities:

-Lead product costing activities, including product cost estimates, BOM-based costing, and material and conversion cost analysis.

-Review average costing and profitability analysis (COPA) to support commercial and operational decision-making.

-Manage month-end CO closing activities and ensure timely completion of all costing-related deliverables.

-Prepare and review management reports, dashboards, variance analysis and ad hoc financial reports.

-Monitor cost centers, activity rates, capacity utilization, utility consumption and labor costs to drive cost control and operational -efficiency.

-Review inventory aging, provisioning, stock counts, receivables and inventory-related reports to support effective working capital management.

-Analyze production variances, material and sales price variances, overhead absorption, and rejection trends.

-Conduct regular production floor reviews to identify cost-saving opportunities and improve manufacturing performance.

-Support annual budgeting, rolling forecasts, outlook preparation and contribution margin reviews.

-Partner with business, corporate and regional teams to resolve operational issues and provide financial insights.

-Strengthen costing processes, internal controls and reporting practices to improve financial accuracy and operational efficiency.

Location:

Karachi, Pakistan.


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