
Manufacturing Cost Analyst
5 days ago
We are seeking a highly motivated and experienced Supply Chain Finance Cost Controller to join our team in Singapore. The successful candidate will play a critical role in supporting our manufacturing operations by providing financial analysis, cost accounting, and strategic insights related to supply chain finance. This position requires a strong understanding of manufacturing costing principles, standard costing methodologies, and supply chain finance accounting within the CDMO/ Chemical/ Pharmaceutical manufacturing sector.
Key Responsibilities:
- Manufacturing Cost Accounting, Analysis and Reporting:
- Proficiency in cost accounting principles, including standard costing, variance analysis and overhead allocation
- Analyze and report on manufacturing costs, variances, and profitability for API (Active Pharmaceutical Ingredient) production
- Prepare and maintain standard cost models, ensuring accuracy and compliance with accounting standards; rate development
- Develop and analyze financial data to identify trends, variances, and opportunities for cost optimization
- Experience in preparing financial reports and dashboards that provide insights into cost performance and operational efficiency.
- Budgeting and Forecasting:
- Collaborate with cross-functional teams to prepare annual budgets and forecasts for manufacturing operations.
- Monitor and analyze budget performance, providing insights and recommendations for corrective actions.
- Perform financial modelling to support strategic decision making
- CDMO/ Pharmaceutical industry knowledge :
- Basic understanding of the CDMO business model including project management, client and contract management
- Familiar with API production processes and supply chain dynamics
- Financial Compliance and Auditing:
- Ensure compliance with internal financial controls and external regulations.
- Support internal and external audits by providing necessary documentation and insights related to cost accounting.
- Technical Proficiency:
- Proficiency in using Enterprise Resource Planning (ERP) systems for tracking costs, inventory, and financial data, such as SAP, Oracle, or similar platforms.
- MES/WHS/MRP knowledge
- Advanced Excel skills for financial modeling, data manipulation, and reporting.
- Experience with data analysis tools (e.g., Excel, Power BI, Tableau) to analyze trends and visualize financial data.
- Continuous Improvement:
- Identify opportunities for process improvements within the finance processes
- Collaborate with teams to implement best practices in cost accounting and financial analysis.
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field; a Master's degree or professional certification (e.g., CPA, CMA) is a plus.
- Minimum of 4-6 years of experience in manufacturing finance, cost accounting, or financial analysis, preferably within the pharmaceutical or manufacturing industry .
- Strong knowledge of costing principles, standard costing methodologies, and financial reporting.
- Proficient in financial modeling and analysis tools; experience with ERP systems (e.g., JDE, SAP, Oracle) is highly desirable. ERP implementation experience is a plus
- Excellent analytical, problem-solving, and communication skills.
- Ability to work collaboratively in a cross-functional team environment and manage multiple priorities effectively.
- Tuas Biomedical Park, Singapore
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