Cost Analyst

Description

Job Summary: Cost analyst responsible for collecting, analyzing, and monitoring financial data to optimize expenses, set pricing, and support strategic decision-making. Key Responsibilities: 1. Collects and analyzes financial data to optimize costs 2. Prepares cost reports with variance analysis and recommendations 3. Provides key information for strategic cost management decisions Advanced English (spoken and written) Collect and analyze financial data related to procurement, inventory, labor, overhead, etc. Prepare periodic cost reports, including variance analysis and recommendations for improvement. Monitor expenses against approved budgets, identifying deviations and proposing corrective actions. Identify areas where costs can be reduced and efficiency increased, such as process optimization or elimination of unnecessary expenses. Analyze costs to establish competitive and profitable pricing. Evaluate the financial impact of new projects and propose measures to minimize associated costs. Develop future cost projections, considering various business scenarios and plans. Maintain accurate records of both direct and indirect costs associated with production or service delivery. Calculate total production cost, unit cost of products or services, and other relevant metrics. Use activity-based costing to better understand costs associated with each process and activity. Record and control inventory movements, ensuring data accuracy. Provide key information to management for strategic decision-making related to cost management and profitability. Results-oriented, critical thinking, logical-mathematical reasoning, productivity, leadership, teamwork, assertive communication, commitment, sense of urgency, ability to work under pressure, and flexible working hours if required. Salary: $13,000.00 - $18,000.00 per month Work Location: On-site employment