Manage day-to-day operations of the existing cost accounting function from management of current rates to monthly close and analysisOversee cycle counting processes, analyze "slow-moving" or obsolete stock (SLOB), and ensure accurate valuation of on-hand inventory.Partner with Procurement and Logistics to evaluate freight costs, vendor pricing, and landed cost models. DPO & DIO understandingAssist in developing annual supply chain budgets and monthly rolling forecasts.Identify "cost-saving" opportunities within the warehouse or production line and lead initiatives to reduce waste.Ensure all supply chain financial activities comply with internal controls.Lead the development of a standard costing system.Perform the monthly closing activities including preparation of the cost to operate statement along with supporting analysis.Proactive analysis of variances and communication of issues and opportunities to operations management.Develop metrics and tracking system for major cost driversPrepares yearly standard cost from collecting data to determine costs of business activity such as raw material purchases & components.Coordinate & analyze all cost reports of the company related to Supply chain.Analyzes actual manufacturing costs and prepares periodic reportComparing standard costs to actual production costs.Deviations reports and their causes. Education preferred: Bsc. of Finance or AccountingYears of experience: 4 -6 Years of experience in costingTraining / Certificate preferred: CMA holder (preferable).