Product Costing Analyst
Taguig, PH
3d ago

Job Description :

Persons hired for the Product Costing Analyst position will be responsible for providing Inventory costing services to 3M subsidiaries.

Currently, 3M is deploying ERP (SAP) to the subsidiaries and you would be requested to work in both SAP countries and Legacy system countries during transition period.

This position will work as a liaison with local country finance and inventory management teams and be the primary contact for all product costing-related concerns.

You will report directly to Intercompany / Product Costing Inventory Valuation Team Lead and will liaising with relevant parties in GSC and other country finance team.

Product Costing Analyst responsibilities will include : · Perform daily product costing to ensure that all materials will be active within the day · Analyze data collected and recording results.

  • Analyze actual costs and re-costing materials for correct standard price. · Determine standard costs and investigate variances with actual costs · Make estimates of new and proposed product costs.
  • Provide stakeholders with report for the actual cost estimates. · Address issues and queries received from local team · Attend and resolve the tickets / requests received related to product costing · Support Annual Costing and collaboration with Local finance · Establish an excellent working relationship with stakeholders · Support other activities necessary to achieve the organization’s objectives of business transformation · Ensure compliance to 3M Financial Standards, SOX and other regulations · Ensure the performance meets SLA / KPIs and continuously improve productivity and service quality · Engage in ad-hoc activities such as internal / external audit, tax audit, etc.
  • Basic Qualifications : · Accounting degree and working experience in Finance and Accounting area. Solid financial accounting and internal control knowledge are required Minimum 2 years of experience · Knowledge for standard costing is highly considered · Working knowledge of SAP · Experience in Shared Service Center for multi-national organization is preferred 2 years of experience · CPA or equivalent qualification is preferred · Fluent in English Skills : · Flexible for new assignment and willingness to learn.
  • For example, ability to learn Legacy System (AS / 400, PeopleSoft, etc.) · Cross functional and cultural communication skills · Detailed oriented and enjoys working with operational processes · Highly client service and quality oriented mindset;
  • Structured approach to effectively and efficiently planning own workload · Team oriented person · Working knowledge of Microsoft Excel
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