•Assist the Operations Financial Controller in updating and applying company policies and procedures.
•Assist the procurement team in preparing the material prices for the budget and the forecasts.
•Contribute to discussions and reviews conducted during yearly audits.
•Ensure a proper product cost breakdown includes material costs, direct and indirect labor, and overhead costs.
•Ensure accurate product costing by the SKU, of both standard cost and actual cost, is updated in the SAP system.
•Ensure proper controls and analysis to the inventories and follow-up on actions to reduce the inventories.
•Ensure that there is an accurate recording of expenditure in the appropriate journals and ledgers.
•Measure and report the VE/VO initiatives and ensure proper tracking.
•Measure and report the performance of factory operations monthly by providing monthly variances analysis like the LIP and the volume absorption.
•Measure and report the procurement department's performance by providing the monthly PPV analysis.
•Prepare estimates of costs for NPD, to assist in establishing the prices of NPD.
•Provide granular analysis of the SKU actual cost vs. budget, forecast, and last year.
•Provide the COGS, materials, and MOH budget and forecasts by SKU, assuring all cost details are factored in.
•Run the monthly cost forecasts and ensure all targets are met.