Costing & Inventory Controller Full Time

Role Summary

The Costing & Inventory Controller is responsible for ensuring accurate product costing, overseeing

inventory verification processes, coordinating with auditors, and maintaining compliance with internal

and external requirements. The role plays a critical part in supporting financial accuracy, operational

efficiency, and informed decision-making.

Key Responsibilities

• Costing

Prepare monthly cost sheets and conduct detailed root cause analysis for major cost deviations.

Perform process-wise overhead rate calculations to ensure accurate allocation of indirect costs.

Prepare monthly Cost of Sales (COS) reconciliations in coordination with finance and operations

teams.

Validate production order consumption entries in alignment with the Bill of Materials (BOM)

before TECO, with complete documentation of discrepancies and root cause analysis.

Ensure BOM accuracy by reconciling BOM data with the QMS BOM on a quarterly basis.

• Stock Verification & Provisions

Oversee monthly stock-take activities in the factory; prepare consolidated stock count

summary reports and document reasons for any variances.

Coordinate with the Sales Team and external auditors for periodic stock verification at customer

locations.

Review inventory movement monthly and compute stock provisions by analysing slow-moving

and non-moving inventory.

• Audit Coordination (Statutory & Internal – Local & Group)

Serve as the primary liaison for statutory and internal auditors, ensuring timely completion of

audit activities.

Lead And Coordinate Workings Related To

• Stock valuation
• Cost reconciliation
• Stock movement analysis
• BOI-related costing documentation
• Unbilled revenue calculations
• Insurance Tracking

Maintain and update the monthly insurance tracker for factory assets and inventory to ensure

valid and adequate coverage at all times.

• Key Skills & Competencies

Cost Accountant with an experience of 7 to 8 years of experience preferred from FMCG /

Chemical / Pharma Industry.

Strong analytical and costing skills

Proficiency in SAP / ERP systems

Knowledge of BOM, inventory management, and production processes

Understanding of audit procedures and compliance

Attention to detail and ability to work with cross-functional teams

Advanced Excel skills