Costing Manager
Listed on 2026-09-27
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Accounting
Cost Accountant, Financial Analyst, Financial Reporting -
Finance & Banking
Financial Analyst, Financial Reporting
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Job PurposeTo lead and manage the costing function across all manufacturing and supply chain units by establishing, maintaining, and enhancing accurate standard cost systems and financial controls. The role is critical in supporting operational efficiency, profitability, and strategic decision-making through reliable costing data, insightful variance analysis, proactive cost management, and accurate forecasting. The Costing Manager will also play a key role in developing cost-related policies, managing compliance, supporting CAPEX evaluations, coordinating stock counts, and partnering with cross-functional teams to drive financial performance.
KeyJob Output Costing and Standard Cost Maintenance
- Develop, implement, and maintain accurate standard costing systems for materials, labour, and overheads
- Ensure complete and accurate bills of material (BOMs) exist for every manufactured product
- Maintain and review standard costs for all material components
, with timely updates in the ERP system - Ensure costing records are aligned with operational and financial data
- Monitor, analyse, and report on production cost variances and usage deviations
- Identify root causes for variances and work with operations to recommend corrective actions
- Review and present actual vs. standard cost performance reports monthly to stakeholders
- Compile and review costing packs for new products
, including projected costs and margin analysis - Collaborate with product development and operations teams for accurate cost estimates
- Prepare annual costing budgets and submit revised standard costs to the Costing Committee for approval
- Ensure full disclosure of production costs and identify cost-saving opportunities
- Review monthly production expenditure and submit accurate management reports
- Conduct post-season reviews and provide insights to optimise cost structures
- Participate in the evaluation and…
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