Executive - Costing

Accounting / Auditing / Finance

About the Employer

Job Description

EXECUTIVE - COSTING

LAUGFS Lubricants Limited, a thriving subsidiary of LAUGFS Holdings, is at the forefront of the lubricants industry in Sri Lanka. Committed to delivering high-quality lubricants for motor vehicles and industries, LAUGFS Lubricants has established itself as a formidable player in the market. Our locally blended LAUGFS Oil adheres to international industry standards, setting us apart in the competitive landscape.

As part of our ongoing business expansion, we are seeking a qualified and experienced individual to join our team as an Executive Costing. The successful candidate will play a pivotal role in managing and optimizing production costs, implementing cost accounting systems, and providing valuable insights for financial decision-making.

REQUIREMENTS

  • Independently prepare monthly management reports.
  • Analyze production costs and recommend changes for optimization.
  • Analyze monthly manufacturing variances.
  • Develop cost standards for materials and labor.
  • Design and implement a cost accounting system.
  • Work with manufacturing operations teams on product costing.
  • Provide quarterly analysis on the cost of sales.
  • Evaluate the yearly standard products.
  • Update and monitor standard costs on a monthly basis.
  • Handle manual costing processes.
  • Participate in cost-down initiatives.
  • Lead quarterly stocktakes for factories.
  • Make recommendations about cost-efficient and financially feasible options.
  • Assist in the budgetary process.
  • Undertake any other duties and responsibilities as instructed by the superior and/or company.

CANDIDATE PROFILE

Bachelor's Degree in Finance or equivalent professional qualifications in Accounting/Costing

A minimum of 2 years of related working experience in a manufacturing environment

Strong problem-solving, analytical, and numerical abilities.

Stay updated on changes in government regulations and industry developments.

Growth mindset, quick learner, and adaptable.

Excellent organizational, multitasking, analytical, and interpersonal skills.

Self-motivated with proactive and commercial awareness.

  • Ability to work independently and collaboratively in a team.

Good verbal and written communication skills, effectively communicating with all levels of employees.

Ability to work well with people, anticipate impacts of workload or issues on team deadlines, and maintain a positive work attitude, including a willingness to work longer hours during peak periods.

Computer literate, proficient in Microsoft Office (especially Excel with lookups and pivot tables), and knowledgeable of ERP systems are added advantages.

If you meet the qualifications and are ready for this challenging role, please submit your resume along with a cover letter to [email protected] within two weeks of this advertisement. LAUGFS Lubricant is an equal-opportunity employer.

SLIM

BRAND

EXCELLENCE MAKE YOUR MARK

SLIM

Turnaround Brand of the Year - 2020

LAUGFS Lubricants

GOLD AWARD

SLIM BRAND EXCELLENCE

Turnaround Brand of the Year 2020

LAUGFS Lubricants

@laugfslubricants

LAUGFS

LUBRICANTS

www.laugfslubricants.com