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Cost Manager

  • Location


  • Sector:


  • Contract Type:


  • Salary:

    €35,000- €40,000

  • Contact:

    Justina Zammit

  • Job Reference:


  • Published:

    8 months ago

  • Expiry:

    31 Jan 00:00

  • Client Details:


  • Consultant:

    Justina Zammit

  • Skills tags:


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A leading firm in manufacturing and export is seeking to employ a Cost Manager reporting to the Head of Costings.

The selected candidate will be responsible for:

  • Participate to long terms planning, supporting commercial scenarios and simulations (capex, marginality)
  • Prepare the monthly month end reports and variance analysis on the actual costs
  • Build the yearly budget components and related analysis vs. previous year and standards 
  • Production per line and per site. Promote synergies and lower the transit/lead times also for internal supplied materials. 
  • Set up yearly standard costs for the components area
  • Proactively suggest improvement areas in terms of development initiatives, cost cutting, waste reduction. 
  • Create scenarios related to supplier’s alternatives, including logistics impact, stock management. 
  • Co-operate with external and internal stakeholders (Suppliers, Purchasing, Logistics as first priority) to ensure that solutions delivered are as per agreed specs.
  • Work with other departments to gather and validate business requirements and ensure all processes are followed.
  • Be the lead driver in identifying efficiency areas, investigating options such as consignment stock, payment terms optimization, stock scrapping burden sharing with suppliers (ideally to be factored in the contract / POs). 
  • Make – Buy analysis (insourcing, outsourcing)
  • Daily cooperation with other Deptartments to ensure that identified solution is delivered within timelines. Ideally at least 30% of the time should be spent out of the office. 
  • Proactively bring info regarding market specific issues, keeping always a close eye on what is happening outside the company: supplier’s market news and evolution. 
  • Stimulate flexibility and lean flow, via achievement of features like flexible volume acquisition.

Skills and qualifications:

  • Recognised Accounting  qualification, ACCA, CIMA or equivalent Experience
  • Ideally 7 years’ accounting experience, of which ideally at least 4 in factory costing, actual period end closing, variance calculation, standard cost budget.
  • Functional experience in F&C overall with sound knowledge of ERP systems (preferably Microsoft AX).
  • Strong understanding of supply chain.
  • Integration of costing with manufacturing, plant maintenance, quality assurance and materials handling.
  • Desired knowledge in: COGS Competencies:  
  • Analytical thinking and problem solving
  • Capable to deal with diversity, including overseas suppliers
  • Teamwork
  • Influencing and Impact, including conflict management
  • Programme and Project management
  • Monitoring and Measuring

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