Cost Analysis & Enhacing Revenue: Conduct regular analysis of product costs, including alloys,metals , tools ,Fixtures, labor, and overhead, to identify areas for cost reduction and efficiency improvement.
Budgeting and Forecasting (Market Review & Study): Assist in the preparation of budgets and forecasts, providing insights into cost trends and variances for decision-making purposes.
Cost Control,Negotiations & Purchase Influence : Develop and implement cost control measures to minimize wastage and improve resource utilization across departments. Strong Negotiations with Vendors for cost efficiency and incluence purchases.
Data Analysis & Financial Reporting: Prepare cost reports and financial statements, highlighting cost performance against budget and forecast.
Process Improvement: Continuously review and improve cost accounting processes and systems to enhance accuracy and efficiency.
Compliance (Audit & Reviews) : Ensure compliance with regulatory requirements and accounting standards, including relevant provisions of the Companies Act and tax laws.
Costing Methodology: Stay updated with developments in cost accounting methodologies and best practices, applying relevant techniques to improve cost management.
