Midas Safety

Costing & Budgeting Lead

Midas Safety  •  Karachi, PK (Onsite)  •  1 month ago
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Job Description

Requirements:

  • 5-7 years of hands-on experience in a costing role within a manufacturing or textile Industry.
  • Proven expertise in SAP, with a strong understanding of costing modules.
  • Must be a MBA, CMA, ACCA, or CA Finalist.
  • Strong analytical and problem-solving skills, with a keen attention to detail.
  • Drive team performance by owning responsibilities, demonstrating leadership, and cultivating a culture of empowerment.

Responsibilities:

  • Serve as the primary point of contact for all product costing activities, ensuring accuracy and integrity of cost data.
  • Conduct comprehensive variance analysis on material costs, labor, and overheads to identify key drivers affecting Gross Profit.
  • Perform regular inventory reviews, conduct meetings with inventory owners for consumption plan to optimize stock valuation and control.
  • Conduct process orders variances reviews and conduct sessions with production teams over variance
  • Responsible for Costing report deliverables including Sales order level costing, Contribution Margin profitability and cost center level cost analysis
  • Lead the material cost forecasting process to assist in strategic planning and budgeting.
  • Utilize SAP to extract, analyze, and report financial data, ensuring seamless integration with costing models.
  • Support the annual budgeting process and assist in long-range financial planning.
Midas Safety

About Midas Safety

Founded in 1979, Midas Safety is a leading private label supplier of hand-protection to more than 50 countries in the world. We have factories located in multiple locations in Asia with investments in modern and efficient manufacturing plants, robotics and hybrid glove capabilities. The facilities adhere to stringent quality and process standards including ISO 9001: 2015, ISO 14001: 2015, EU Regulation 2016/425 Module D, GRS, OCS, BCI, WRAP, GSV, SA 8000:2008, OHSAS 18001:2007, Oeko-Tex®, Sedex 4-pillar, 5S, FWC/WCA and WWF — Green Office.

Industry
Manufacturing & Production
Company Size
1,001-5,000 employees
Headquarters
Toronto, CA
Year Founded
1979
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