Financial costing - Business Partner

Roles & Responsibilities Coordinate the month-end count, variance analysis, and collection of justifications for reporting to management Monthly reporting of production variance analysis to top management, followed by an investigation of gaps and corrective actions Work closely with the operation team to understand and explain the main drivers of production variance  Prepare a weekly consumption report, compare actual cost to standards, and make recommendations for correction Manage standard cost maintenance, variance analysis, and adjustments in consultation with production team and management Report the fixed expenses for each line and recommend the best output depending on line efficiency. Prepare and share the insurance report with the insurer on a monthly basis. Offer financial assistance for major projects, new business initiatives, and product launches. Conduct financial due diligence and determine the potential return on investment for new initiatives. Coordinate the annual budgeting process, from obtaining input from various departments to completing the final report. Provide guidance on cost management and Identify and implement cost savings initiatives  Anticipate internal and/or external business challenges and/or regulatory issues Prepare financial models to guide the company’s financial direction.