Cost Accountants establish budget to manage costs and maximize profitability for a company. Product cost refers to the amount spent on producing a specific product. eur-lex.europa.eu. For example, an automobile manufacturing company typically requires plastic and metal to create a car. Cost Engineer Resume Samples and examples of curated bullet points for your resume to help you get an interview. Unit Cost Functional-based and activity-based costing assigns costs to cost objects such as products, customers, suppliers, materials, and marketing channels. Mindmajix also offers advanced SAP Product Costing Interview Questions to crack your interviews along with free SAP Product Costing Tutorials. a. • SAP provides two different types of material costing process viz Material cost estimate with quantity structure and Material cost estimate without quantity structure. Resumes, and other information uploaded or provided by the user, are considered User Content governed by our Terms & Conditions. Successfully managed daily activities of three team members to ensure invoice payment productivity. S. Muthukumaran DTDE, B.tech, MBA, PGDBA E-mail: muthugtti@yahoo.co.in Phone no: +91-9632347617 134, Cuddalore Main Road, Mandarakuppam, Neyveli, Tamil Nadu-607802 PROFILEResults- oriented and accomplished Manufacturing personnel with a proven track record ofimproving OEE and continuous improvement … with given retail, Strong P.C. Target FOB achievement, productivity achievement, Factory CBD accuracy, etc), Support the Senior Manager Costing FW in Communication such as global standardization, policy updates, project roll out, etc, Bachelor’s degree in International Business Management - Minimum, Advanced or Graduate degree in Finance or Engineering - Preferred, 5 years professional experience in footwear or apparel development or manufacturing - Preferred, Basic Spoken and Written Ability in one or more of the following languages (Optional), Strong influencing skills and interpersonal skills to effectively operate in a matrix organisation and drive cross-functional collaboration for Costing initiatives, Strong communication skills with ability to present findings, translate big data in to understandable information to drive decision-making and support business operations, Analytical mindset and proven ability to effectively use systems for data analysis and reporting, Self-directed, motivated, self-starter with curiosity and willingness to learn with limited supervision, Attention to detail but also with the ability to consolidate and extrapolate conclusions from large data sets, Some technical experience and knowledge of product construction and manufacturing methods preferred (industrial engineering or product development experience), IT-skills (e-mail, MS Office, Excel, Access, PLM a benefit), Excellent verbal and written communication skills in a global business setting, Provide support and Information to production creation teams so they have the information they need to manage against margin goals. Guide the recruiter to the conclusion that you are the best candidate for the costing analyst job. Auditing experience a plus, Familiar with ERP system costing module, preferrably SAP, Effective communication and team leadership skills are essential, Developed competency in process improvement and conflict resolution, Develop product costs: material usage, material cost, equipment requirements, labor requirements, cycle times, tooling and capital requirements for new business or changes to current business, Review bill of materials and manufacturing assumptions for reasonableness, Develop risk / opportunities summary with each quote, Understand the Development of Pro-forma’s for new manufacturing facilities, Bring financial perspective to costing data as well as to bridge financial data, Communicate / educate the organization regarding the cost data, Develop / refine benchmark cost models to support our Purchasing team, Set targets of purchased items and support Purchasing negotiations, Support regional and corporate initiatives, Actively contribute to departmental initiatives/process improvements to enhance the overall department’s effectiveness, Universal degree, preferably with focus on Finance, Business or Engineering, Several years of working experience as Financial/Costing Analyst or Manager, Experience within the Automotive industry would be an advantage, Very good computer skills, especially in MS Excel, Systematic, practical-oriented way of working, hands-on approach, Very good communication skills, decision-making qualities and assertiveness, Proven social and intercultural competence (teamwork skills), Fluent level of English in speaking and writing, further languages skills are a plus, Willingness to travel occasionally within the European region, Unique free space for your ingenuity and consistent implementation of good ideas, Holistic work on complex tasks beyond the usual limitations of disciplines and responsibilities, Direct project work for the world´s leading automakers, An international environment with people from 84 nations at our German sites alone, Good development and career opportunities, The proverbial team spirit of Johnson Controls, Costing of Verizon branded devices developed with the help of ODM’s, Interface with various HW component suppliers to learn industry trends and cost structures, The candidate shall have a Bachelor of Science in an engineering field of study (electrical or mechanical preferred), The candidate shall have proven experience developing cost related algorithms, The candidate shall have a minimum of 5 years working in the mobile cellular industry and 5 years working in competitive benchmarking, analysis and/or reverse engineering, The candidate shall have a working knowledge of all components typically found in Smartphone’s, tablets, wearable’s, etc, The candidate must be familiar with Microsoft Office products like Word and PowerPoint and must be an advanced user of Excel, The candidate shall also have good verbal and written skills, Manages sizeable groups and is often a direct business partner for operational Executives, Expert in a particular area and drives functional or business group toward companywide goals and objectives. Responsible for all escalations within area of ownership, Drives both deliverables of group and key analysis to Executives. Guide the recruiter to the conclusion that you are the best candidate for the costing manager job. Where the component Sfg.X having lot size 100 pc.In this case, the cost estimates creates for the SFGx based on the lot size of the 100 pc.Then the cost estimate for the finished goods will be created on the costing lot size of 10 pc.That means, it takes component cost estimate price based on the costing lot size of 100 pc. Skills associated with this position and reflected on applicants' sample resumes include meeting account expectations for multi-million dollar accounts, and creating, implementing, and maintaining the department accounting spreadsheet ledger in order to track credit … Unlike the weighted average method, the FIFO method does not involve any averaging out of the total costs incurred during a period. Hire Now SUMMARY: Over 15 years of IT experience with 10+ years of functional experience in SAP FI/CO. Oversee training and implementation to achieve margin objectives, Influence optimal sourcing and development strategies, and drive cost negotiations based on knowledge of relevant macroeconomic trends, commodity trends, and global trade agreements, Work with creation teams to develop strategies for increased profitability, to counteract inflationary pressures, Develop and execute HR functions including succession planning, career development planning for direct reports, organizational development, training program development, salary administration, and hiring. Resume of Candidate: PEN-51 Rate: email us at info@peningo.com for rate information SAP CO Product Costing Consultant Summary: Independent SAP CO senior consultant with excellent communication and management skills, extensive cross functional implementation experience Use for to create your resume on Indeed and apply to jobs quicker. 1. Activity based costing (ABC) adalah sebuah metode akuntansi yang mengidentifikasi dan menetapkan biaya untuk aktivitas overhead dan kemudian menetapkan biaya tersebut untuk produk. It acts as a powerful weapon when it comes to fixing the product selling amount. By creating an Indeed Resume, ... Good understanding of cost allocation, product costing and reporting. In general, product cost includes direct material, direct labor, and manufacturing overhead. Implemented fixed asset review process to ensure accurate records are maintained. Character Building Easy Essay Outline. Supported the design and implementation of SAP material ledger for repacking operations. As such, it is not owned by us, and it is the user who retains ownership over such content. Employ hands-on and cross-functional leadership style, with proven success in ensuring well-organized, high-quality, and on-time delivery of products. Rectified escalated invoicing problems from employees and vendors. Product costing here will have many considerations like additional capacity enhancements, size of market, possibility of capacity utilization, existing underutilized capacity, economies of scale etc. Pricing Analysts are in charge for developing pricing strategies in a company. eur-lex.europa.eu. Join us and support CSAA Insurance Group, a AAA Insurer, in achieving our goals! Prepared monthly financial reports with commentary for financial and operational management. Name : Aulia Oktafiana Setiawati Class : Accounting Class 1 ID Number : 008201900001 Resume Activity-Based Product Costing I. Supports manufacturing operations, educates and interacts with managers/supervisors/team members relative to cost information, Leading People - Participate in various other accounting activities or projects as necessary and/or act as a backup to others within the department, Perform necessary audit procedures to maintain Nestlé compliance, 3 to 5 years Cost Accounting experience with a manufacturing concern, Participate in business planning; prepare and coordinate the factory budget with factory management; Perform revisions or simulations if needed. No need to think about design details. The amount of these resources can be easily counted or kept a record of. Hire Now SUMMARY: Independent SAP Consultant within the Enterprise Management (EM) managerial accounting solution area, specializing in implementation of the controlling (CO) module, Confidential (profitability analysis), product costing and actual costing utilizing the Confidential in SAP R/3. Coach and lead by example. Home: (555) 322-7337 | Cell: 000-000-0000. example-email@example.com Create a Resume in Minutes with Professional Resume Templates. Lecture Notes – 12/13 Jan 2015 CHAPTER 6 JOINT AND BY-PRODUCT COSTING Scope Introduction General Characteristics of Joint Production Cost separability and the need for allocation Distinction between joint and by-products Four Common Methods of Allocating Joint Costs Physical measures method Sales value at split-off point method Net realizable value method Constant gross profit … Product costs in managerial accounting refer to the costs necessary to manufacture a given product. Involved in the Projects Period end process. Monitored monthly price variance and manufacturing variance reports to ensure accurate and timely business unit results. Product Costing : (Key Component of SAP Controlling) Product Costing is the core module that creates Cost Estimates. Project Costing Template Excel - There are a lot of affordable templates out there, but it can be easy to feel like a lot of the best cost a amount of money, require best special design template. However, factors like the number of products completed and the number left in-process at the end of an accounting period can affect the total costs a company is responsible for during production. Product Resume Costing. XLS; Size: 56KB. Approved invoice payments and handle all accounts payable issues. Facilitated account review meetings with vendor representatives. SAP PS Sample Resumes View Resumes. By using the actual costing method, you can determine your company’s total product costs and product costs per unit based on the actual costs sustained during a certain period. The most successful resume samples for Pricing Managers highlight qualifications like accounting expertise, sales orientation, marketing experience, leadership, time management and computer competencies. Ability to communicate to Liason Office/supplier the vision and strategy as well as success criteria needed from sourcing and supplier teams, Support seasonal routine of systematic garment and fabric costing regime: data analytic, track result and follow up accordingly.Prepare data to facilitate seasonal routine of a systematic garment costing regime: prepare alignment sessions on cost drivers as well as efficiency plans and track results, Prepare and share insights to costing leadership on cost driver developments and supplier competitiveness using systematic costing and benchmarking methods. Cost Accountant Resume Examples. Expertise in Configuring, Designing, Developing, Testing, Trouble shooting, Documenting and Reporting in FI/CO and BI/BW. Competence in the following systems and processes – financial reporting, financial modules for enterprise systems (SAP, JD Edwards), product costing, lean management/six sigma, High level of analytical capability and confidence in preparing and explaining product costs, technical elements of assumptions, and comparisons between inputs and markets, Ability to drive projects to conclusion amid changing priorities, Excellent interpersonal, organizational and communication skills across multiple organizational levels; demonstrated ability to work with diverse cultures and global colleagues, Establish the strategy and direction for all phases of the Columbia Sportswear global apparel garment and material costing process. Lecture Notes – 12/13 Jan 2015 CHAPTER 6 JOINT AND BY-PRODUCT COSTING Scope Introduction General Characteristics of Joint Production Cost separability and the need for allocation Distinction between joint and by-products Four Common Methods of Allocating Joint Costs Physical measures method Sales value at split-off point method Net realizable value method Constant gross profit … Dikarenakan nilai by-product yang relatif kecil dibandingkan main product maka terdapat dua pendapat ahli tentang perlu atau tidaknya by-product mendapatkan alokasi joint cost atau tidak. File Format. Sourcing, Support negotiation outcome reporting within the organization and keep track of multi-seasonal supplier negotiation plans, Strong analytical and systematic approach to data handling and interpretation, Ability to influence others and drive change, Strong presentation, communication, negotiation, and MS Excel skills, Understanding of both domestic and international apparel operations and textile engineering advantageous, At least 5 years of progressive work experience in an analytical position, preferably in the textile industry, Provide costing leadership within the LO to assure HQ receives the best quality of information according to the costing calendar timelines, Support Merchandising teams in achieving brand margin targets through focus of high priority programs and training where needed, Drive compliance and improvement of global costing policies and procedures including developing costing matrices to standardize costing within regions to achieve predictable pricing, Primary contact for all costing framework, process and tools with T1 Suppliers and LO Merchandising teams, Provide economic trend information, including labor rates, inflation, exchange rates and government policy change, necessary to formulate sourcing strategies, global costing policies, and costing tools, Support and training responsibilities of Merchandising teams in the understanding and application of costing frameworks, policies and process, including application of consistent, accurate and cost transparent cost sheets, Understands individual factory cost structures to determine which factories can best meet target FOBs, Creates and communicates LO costing reports at key development milestones, Provides continuous improvement feedback to Director Costing LAM on costing policies and procedures and proactively supports development of global costing standards and frameworks by providing regional fact-based pricing information, A good understanding of country, regional and global cost drivers – specific to the apparel industry, An analytical and systematic approach to consolidating and communicating information, Demonstrated ability to influence others and drive change, Presentation, communication, negotiation, and strong analytical (MS Excel) skills, At least 6 years of progressive experience in the apparel industry with costing responsibility, Build robust Financial Model of the company, Identify key drivers of business growth and highlight business opportunities and issues, Prepare financial and management reports for senior management review, Define, analyze and communicate key financial metrics to support business operation, Lead planning process (budgeting, forecast and tracking), Optimize the ERP system according to company's development demand, Lead cycle counting and physical counting of factory inventories, Set up standard cost in ERP system and review it periodically, Making sure all cost related accounting entries are appropriately booked and work with the rest of finance management team and auditors to ensure COGS related accounting booking are GAAP compliant, Support outsourced manufacturing facility, Drive improvement, compliance and adherence to global costing policies to ensure a consistent approach to Costing across LO’s, Work closely together with global costing teams (A&G Global Costing, PCE, CC Costing) to ensure end-to-end consistent application of Costing processes and frameworks, Support creation and implementation of Costing Standards within the LO to achieve a fact based, transparent and sustainable costing, Guide development teams in achieving brand margin targets through effective focus on all cost drivers to improve understanding of costs and positively impact margins, Support cross quote activities, through collection and analysis of costing data and the preparation of a report summary with key insights, Train and support LO development teams and T1s in the understanding and application of cost drivers (e.g. Footwear and/or product creation process strong plus, Thorough understanding of end to end product creation process from design through manufacture, Systems mind-set, with demonstrable experience in the management and analysis of large quantities of financial data, Strong project management & follow-through with results orientation, Undergraduate degree in Finance/Accounting/Business/Engineering; MBA or CPA strong advantage, Minimum 5 years in consumer product/sporting good/apparel/ftwr industry, Be a key contributor to Creation Centre growth and profitability by gaining a full understanding of its business potential, anticipating requirements and proposing cost-based solutions to achieve Brand adidas objective, In collaboration with Sourcing, Global Planning and Development, contribute to allocation strategies to ensure margin maximization in investigating potential of new sources and trade agreements for assigned global Business Unit, Act as a consultant partner within the respective Creation Centre team: on demand costing support, provide technical costing expertise, Strong understanding of material construction, garment construction & cost driver management within a supplier and the entire supply chain, Effective communication, problem solving and negotiation skills, Understanding of the respective vision and strategy for the brands. 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