Senior Costing Analyst / Costing Coordinator at Ascentech Services Limited

Job Summary

• We are seeking a highly analytical and detail-driven Senior Costing Analyst / Coordinator to oversee cost management and optimization.
• The role involves analyzing cost structures, improving cost efficiency, and supporting strategic financial decisions within the organization.

Key Responsibilities

• Develop and maintain standard costing systems for products and operations.
• Perform detailed cost analysis and track cost drivers across departments.
• Conduct variance analysis (actual vs. budget/standard) and provide insights.
• Prepare periodic cost reports and dashboards for management review.
• Support budgeting and forecasting processes with accurate cost data.
• Collaborate with procurement, finance, and operations teams to manage costs.
• Monitor inventory costing and ensure proper valuation and reconciliation.
• Identify cost-saving opportunities and recommend process improvements.
• Ensure compliance with internal controls and financial policies.
• Assist in pricing decisions based on cost and margin analysis.

Requirements

• Bachelor’s degree in Accounting, Finance, Economics, or related field.
• 5–7 years of experience in costing, financial analysis, or similar role.
• Strong understanding of cost accounting principles and financial reporting.
• Advanced proficiency in Microsoft Excel.
• Experience using ERP systems (e.g., SAP, Oracle, or similar).
• Strong analytical, problem-solving, and organizational skills.
• Ability to interpret financial data and present insights clearly.
• Excellent attention to detail and ability to meet deadlines.

Preferred Qualifications:

• Professional certification (ICAN, ACCA, or CFA) is an added advantage.
• Experience in manufacturing, oil & gas, or FMCG industries..

Key Competencies:

• Analytical thinking
• Financial modeling and reporting
• Cost control and optimization
• Communication and stakeholder management
• Process improvement