Manager Costing
Midas Safety · Karachi
Job description
About the role
The Manager Costing will lead product costing and financial analysis for a manufacturing operation in Karachi. This position combines deep technical costing expertise with finance reporting to support commercial and operational decision‑making.
Key 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 decisions.
- 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.
Required profile
- Professional qualification: ICMA, CA or ACCA.
- 8–10 years of experience in manufacturing costing and finance.
- Strong knowledge of product costing, standard costing, BOM‑based costing, and material & conversion costing.
Required skills
- SAP S/4HANA
- SAP Controlling (CO)
- Product Costing
- Profitability Analysis (COPA)
- Cost Center Accounting
- Variance Analysis
- Management Reporting
- Month‑end Closing
- Inventory Accounting
- Inventory Valuation
- Provisioning
- Working Capital Management
- BOM‑based Costing
- Standard Costing
- Material & Conversion Costing
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Published 1 month ago
Expires 2 weeks from now
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Midas Safety
Karachi