You are here
Costing Manager - Global Fortune 500 Company
- Global Fortune 500 Company
- Costing Manager role with attractive salary
The client is a Fortune 500 multi-industry manufacturing company, with business segments serving developing and emerging end markets, such as global infrastructure, process equipment, and diagnostic tool industries. The company is from United States and operating in over 30 countries globally.
Job Description - Costing Manger
Costing & Daily work:
Maintain and review the standard cost (material cost, labor and overhead) of Xidu plant, ensure the proper setup of material cost, BOM and routine hours
Weekly review SO actual cost settlement to avoid not correct actual WO/PO cost booking;
Quarterly standard cost review and analysis to find abnormal cost and make correction.
Support operation team to study and resolve cost related questions, analysis cost and compare with ICO and competitors with detail cost breakdown.
Identify scope of annual standard cost roll up parts; Prepare raw data including cost, latest purchase price, inventory type, production line, etc.; Check and clean up material group and type error; Summarize the proposed plan price provided by sourcing team and do reasonable analysis. Complete standard cost roll up in SAP before the end of the year.
Review and analysis sales cost and margin for abnormal orders.
Answer questions and inquiries related to spending and costing
Provide quotation of TP to sales and intercompany; verify OSR cost before bidding and contract sign off. Provide WTW margin and contribution margin analysis for orders with low margin to support management decision.
Maintain and update Transfer price list annually. Update TP price at mid-year if there is big variance.
Maintain ASK price and internal price in SAP; run ASK new parts report on monthly basis to ensure all ASK parts had cost maintained properly.
Answer questions and inquiries related to inventory and costing
Perform weekly cycle count; find out variance reason, push warehouse make sure quantity, location, and Bin code is correct;
Review and control inventory balance
Work closely with warehouse and commercial to push E&O and high risk items selling, consumption and disposal.
Verify scrap application form to check whether the scrap belong to E&O or process scrap; Confirm the scrap amount and calculate the P&L impact.
Regular review of inventory finished goods, pushing commercial and warehouse to clean long age items.
Verify and post inventory adjustment in SAP to ensure only authorized adjustment had been made in system.
In year-end physical count, prepare physical count input template before the count; down load raw data from SAP at Jan 1 morning; summarize count result and issue recount sheet to warehouse for items with variance; take responsibility of verifying and post the final adjustment.
Perform weekly cycle count for LTN, Dehydration and CV; find out variance reason, push warehouse make sure quantity, location, and Bin code is correct;
Answer warehouse and quality question about scrap expense
Review and reclassify scrap expense against E&O expense, ensure cost booked to correct cost center and cost element.
Perform dock walk at the Friday of closing week to ensure goods delivered in SAP had been physically shipped out.
Close MM module at Day 1 noon.
Prepare Inventory report by Raw material, WIP and Finished Goods and by production line.
Reconcile the RM, WIP, and FG sub ledge to general ledger.
Prepare reclassification entry to correct the wrong mapping between SFG and FG.
Prepare E&O reserve calculation sheet and analyze variance reason.
Prepare E&O forecast for one month, three months and six months.
Prepare WIP workbook by adding SO amount and delivery schedule; Analyze the items with long aging or abnormal delivery schedule.
Prepare Operation related revenue and COGS report by production line.
Prepare monthly inventory aging report and deep analyze on individual risk goods, then ring a bell to warehouse or commercial.
Answer questions about inventory abnormal variance.
Standardize and improve standard cost maintenance procedure with SAP team, including engineer BOM setup, sourcing info record input, etc., to fix the issue of finished goods cannot been received timely.
Find opportunity to improve procedure about MM/CO module
Support localization project for any cost analysis.
Support auditor for any inventory, shipping, and costing related questions.
Provide data for biding of freight vendor, scrap dealer…etc.
Continues improvement on daily transaction to improve work efficiency (i.e. improve standard new material application form, etc.)
At least 5-7 years costing experience in manufacturing industry. Good education background, fluent English is a plus. Strong in SAP system.
Attractive salary and annual package.
Free shuttle bus service.