Collaborate with the production team to develop day-to-day costing data based on production reports, ensuring accurate and efficient calculation of production costs. Analyze and prepare periodic reports on variances between actual production costs and standards, including consumption variances and efficiency variances. Estimate production costs for new and proposed products to support pricing and product development decisions. Perform monthly closing activities related to cost accounting, including cost of goods manufactured (COGM) and cost of goods sold (COGS). Analyze costs incurred as well as resources utilized for operations, identifying areas of inefficiency and potential savings. Review and reconcile inventory reports on a monthly basis, ensuring accuracy and alignment with the general ledger. Prepare inventory level reports for management review, ensuring working capital management remains in line with the approved budget. Prepare monthly analysis and reports comparing budget vs. actual, initiating detailed deviation analysis and communicating findings to stakeholders.