Ensure standard Cost is calculated in compliance with Group Methods & procedures.
Deliver accurate reporting and provide meaningful variance analysis.
Update of the standard production costs for CRP activity at least twice a year.
Ensure Accounting of Factory expenses to be on-time and with proper posting to its Financial Dimensions
Ensure that actual production costs are properly allocated and accounted for.
Calculate and simulate standard costs
Oversee cost accounting processes to accurately determine the cost of manufacturing products or goods.
Analyze cost data to identify cost-saving opportunities and improve cost efficiency.
Implement and maintain inventory valuation methods and controls.
Compute monthly manufacturing costs by product. Analyze deviations between actual and standard costs in Factory P&L, leading production orders review with Operations (production, supply chain).
Analyze margins by Customer and Products.
Update Budget cost once a year.
Provide Costing analysis for couplers (cost per model) and identify productivity improvements thanks to Standard cost monitoring and simulations.
Automate the reporting thanks to Power BI, Management reporter and AX reports.
Inventory Control
Preparation and Propose Stock Policy with the help of Supply Chain every quarter
Initiate the inventory cycle count process, analyze discrepancies and adjustments.
Monitor stock adjustments.
Analyze inventory variations, including slow moving stocks and unusual stock transactions.
Control Slow moving inventories.
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.