Product /Process Costing & Validation
- Derive, maintain and standardization costing frameworks for new projects/processes, ensuring alignment with GAAP and internal compliance policies.
- Audit existing cost setup to ensure consistency and benchmark against industry standards for saving opportunities.
- Streamline existing quotation processes, develop costing model and implement best practices to improve quotation lead time, records and assumptions traceability.
- Support global footprint cost benchmark, see-through analysis and costing method alignment.
Strategic Decision Support
- Collaborate with cross-functional teams (Engineering, Procurement, Production) to evaluate cost implications of process changes or capital investments.
- Perform project/process cost study and investment analysis to support make or buy decision making.
- Identify cost drivers and generate scenario-based cost simulation to support both short and long terms manufacturing strategies to further optimization of cost and ROI.
Performance Monitoring
- Track actual costs vs. budget/forecast, analyzing variances to inform operational adjustments and KPI recalibration.
- Track and drive quotations lead time, accuracy and consistency improvement.
- Track and drive continuous cost reduction and insourcing saving activities.
- Prepare monthly cost performance dashboards for senior management, highlighting risks and improvement levers.
Continuous Improvement
- Lead cost reduction initiatives through lean manufacturing principles and value engineering analyses.
- Enhance operations team’s expertise in manufacturing process costing and sensitivity analysis to reinforce the application of design for manufacturing principles.
- Mentor subordinates in cost accounting techniques and ERP system utilization.
Qualifications
- Education: Bachelor’s degree in Finance, Accounting, or Industrial Engineering; CMA/CPA preferred.
- Experience: 10+ years in manufacturing cost analysis or operation finance controlling background, with 5+ years in team leadership and with proficiency in activity-based costing and project feasibility study. Multinational manufacturing environment exposure with proactive mindset.
- Skills:
- Advanced Excel and ERP systems (e.g., SAP, Oracle)
- Statistical analysis tools (Power BI, Tableau)
- Strong communication in both Chinese & English to present complex data to stakeholders
- Lean Six Sigma certified & Activity-Based Costing (ABC) modeling expertise are highly preferred
- Detail-oriented with a bias for actionable insights
- Other: Acceptance for frequent business travel