Team Leader- Costing

Job Role The position is responsible for manufacturing costing, standard costing, and production variance analysis. Oversees cost control, budgeting, COGS forecasting, financial reporting, and manufacturing cost optimization. Key Responsibilities Review and analyze technical operations–related expenses, compare them against the budget, and assess any variances along with their root causes. Review and validate production orders, ensuring accurate allocation of raw materials, labour, and manufacturing overhead costs. Analyze production variances (material, labour, yield, scrap, and overhead), identify root causes, and coordinate corrective actions with Production, Supply Chain, and Finance teams. Monitor manufacturing performance and prepare variance reports highlighting key cost drivers, operational inefficiencies, and cost-saving opportunities. Support product costing activities, including standard costing, cost estimates, and cost sheets for new and existing products. Lead monthly costing close activities, production cost allocation, and manufacturing account reconciliations. Maintain and improve costing methodologies, allocation bases, and cost control procedures to ensure accuracy and transparency. Collaborate with cross-functional teams to investigate cost deviations and production inefficiencies. Support annual budgeting, standard cost updates, and COGS forecasting processes. Develop dashboards and analytical reports to support management decision-making on profitability and operational performance. Support internal and external audits by providing accurate costing data, reconciliations, and supporting documentation. Participate in ERP and costing system enhancement initiatives to improve efficiency, data accuracy, and reporting capabilities. Ensure compliance with costing policies, procedures, and internal controls across manufacturing operations. What We're Looking For Professional certification such as CMA, CIMA, or an equivalent qualification is highly preferred. Strong experience in pharmaceutical manufacturing costing and financial analysis. Solid understanding of standard costing, inventory valuation, and variance analysis. Experience working with SAP ERP systems is preferable. Strong analytical, communication, and stakeholder management skills. Leadership experience with the ability to drive collaboration across departments. Show more Show less