Industrial Cost Controller
20 hours ago
**MAIN DUTIES AND RESPONSIBILITIES**:
**1.**
**Cost Control**
- Daily review production order & analyze labor and machine hours, analyze and reports variances vs. standard costs. Weekly review with production.
- Extract comprehensive reports for BOM & Routes for costing inquiries to support product cost optimization for all products.
- Review and mark cost of dummy items in system to ensure that cost of the dummy item issue to a correct transaction (production order, sales order, and movement issue).
- Do cost calculation in system for new part data entry to ensure that all new items in system have standard cost for reference.
- Summarize standard purchase price ready for uploading into system 3 times a year (S1, S2 and Budgeting period).
- Support and run standard rate calculation and input into system 3 times a year (S1, S2 and Budgeting period).
- Do cost allocation for Thread production department.
- Make sure all costs are properly booked for each Bars project. Provide P&L by project for Bars and review Bars quotation in eCon with set of reports (Quotation P&L, project requirement).
- Analyze the production variance and issue report to manager.
- Analyze margins by customer and products.
**2. Inventory Control**
- Review with Store and Management Control Manager the inventory cycle count process to ensure accuracy of inventories in the system.
- Review scrapping process with store team to ensure that the process is reliable.
- Identify costs of machine to be transferred to Fixed Assets and confirm physical quantity with production team to ensure that stock quantity in system is correct after transferred.
- Prepare inventory reports for DM and all affiliates.
**3. Financial Reporting**
- Update check list and related tasks preparation to ensure that all transactions are completed and ready for month end closing.
- Ensure monthly closing of costing entries within closing deadlines.
- Perform analysis of major production costs, in comparison with Budget and propose improvements.
- Issue monthly and ad hoc reports on operations, costs, margin, and inventory.
- Assist the manager in Reporting and Budgeting process.
**QUALIFICATIONS REQUIREMENTS**:
- Bachelor/Master's degree in Accounting/finance or a related field
- At least 3 years of experience in an industrial environment
- Moderate level of reading, writing, and speaking
- Experience using an ERP
- Proficiency in Microsoft Office - Intermediate level in Excel
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