Reporting to the FP&A Manager, the Cost Analyst will be responsible for preparing statements and reports, overseeing audit files, attending meetings to provide financial feedback, and training employees in cost management methods. He/She will monitor and analyze changes in
production design, raw materials, methods of production, or services provided to know their
effect on cost.
Manufacturing Cost Analysis
- Standard cost planning as part of the annual budgeting process and long-range planning
- Coordinate with relevant teams to ensure cost forecasting reports are consistently checked and applied
- Support the negotiations and government project bidding process by providing relevant costs and pricing guidance to ensure optimized gross margin is attained for this category
- Support the Tax Lead for Transfer Pricing optimization initiatives.
- Analyze changes on the methods of production, goods and services provided, and even raw materials to know how they affect cost
- Analyze and prepare reports periodically for the difference between actual production costs and standard costs
- Maintain the documentation of data and any statistical arrangement in cost analysis
- Conduct audits on financial processes and transactions relating to manufacturing
- Identify and recommend strategies to improve financial performance and reduce costs.
Systems and Technology Adoptions
- Active participation on Digital Finance transformation by identifying areas for technology adoption and streamlining
- Utilizing BI tools and other systems to deliver meaningful insights into business performance
