Report to the CFO, you are mandated to establish and maintain a consistent and accurate model for all product ranges for cost accounting system. You will develop and monitor compliance and costing standards related to raw materials and component pricing, consumption rate, labor and overhead rate, etc. To perform related analyses reports and formulate methods of cost reduction and saving. Report on periodic variances and their causes, focusing in particular on spending variances. Report on margins by product line, center, and division. Create and review the controls needed for data and report on physical inventory and cycle counts, investigate their variances and provide solution. In addition, you will support automation of costing process via process mapping and user testing as needed.