Chief Cost Optimization Specialist
1 week ago
About the Role:
The Chief Cost Optimization Specialist will play a pivotal role in driving financial efficiency and accuracy within our client's organization. As a key member of the finance team, this individual will be responsible for managing product costing, standard cost updates, and inventory reconciliation to ensure seamless financial reporting.
Key Responsibilities:
- Develop and maintain robust product cost models to ensure accurate standard cost updates.
- Analyze production costs, material usage, and overhead allocations to identify areas for improvement.
- Oversee inventory valuation, reconciliation, and variance analysis to guarantee precise financial reporting.
- Collaborate with operations teams to resolve discrepancies and ensure accurate reporting.
- Prepare comprehensive cost reports to support month-end and year-end closing processes.
- Assist with budgets, forecasts, and variance analysis related to cost and inventory performance.
- Implement and refine internal controls for cost accounting and inventory processes.
- Provide actionable insights to leadership to drive cost reduction and operational efficiency initiatives.
Requirements and Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field.
- 3-5 years of experience in cost accounting, preferably in manufacturing or a similar environment.
- Proficiency with ERP systems and advanced Excel skills.
- Strong analytical and problem-solving abilities.
- Familiarity with GAAP and standard costing principles.
- Attention to detail, excellent communication skills, and a collaborative approach.
About the Salary:
The salary range for this position is estimated at $80,000 - $110,000 per annum, depending on qualifications and experience.
Benefits:
- Competitive compensation package.
- Comprehensive benefits, including health insurance and retirement plans.
- Professional development opportunities.
- Flexible work arrangements (hybrid/remote options available).
About Us:
Michael Page is a leading recruitment agency dedicated to delivering exceptional talent solutions to businesses across various industries.
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