Our client is seeking a Senior Cost Specialist to join our finance department. The ideal candidate will possess a strong understanding of cost analysis and inventory management. You will collaborate with various departments to analyze costs, identify areas for improvement, and implement strategies for accurate and efficient reporting. Apply now on https://pakistanjobssearch.com
Qualification & Experience:
- Bachelor’s Degree with majors in Finance or ACCA / ICMA finalists.
- Minimum 3-5 years of experience- (OMC experience is preferable).
- Exposure of Microsoft Dynamics is preferable
- Excellent communication and negotiation skills.
- Detail-oriented with a problem-solving mindset
Responsibilities:
- Manage and reconcile inventory levels across multiple locations, including terminals.
- Analyze inventory costs and provide insights to management.
- Work closely with procurement and logistics teams to ensure effective and timely reconciliation of inventory and costs.
- Develop and maintain cost accounting systems and procedures tailored to the complexities of the oil and marketing industry.
- Prepare and analyze cost reports, including standard costs, variances, and margin analysis for various product lines.
- Collaborate with cross-functional teams to identify cost-saving opportunities, process improvements, and supply chain optimization initiatives.
- Assist in the preparation of budgets, forecasts, and financial projections, considering market dynamics and industry trends.
- Provide support during financial audits, regulatory inspections, and compliance reviews, ensuring adherence to industry regulations and internal policies