Corporate Costing Manager

Nestle SA

Lahore

On-site

PKR 9,000,000 - 13,000,000

Full time

5 days ago
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Job summary

Nestlé Pakistan is seeking a Corporate Costing Manager to lead the costing function, overseeing roughly PKR 140 billion in costs and guiding a four-person team from the Head Office in Lahore.

The role partners with Finance, Operations, and Supply Chain to optimize costs, strengthen governance, and turn financial insights into actionable recommendations for strategic decision-making.

Qualifications

  • Master's degree in Accounting and Finance, MBA (Finance) or professional qualifications such as CA, CMA or ACCA.
  • 7-10 years of relevant experience in cost management, corporate costing and financial analysis, preferably in FMCG.
  • Practical experience with costing standards, budgeting, forecasting and variance analysis.
  • In-depth knowledge of costing principles, cost drivers and financial controls.
  • Strong English language skills and ability to influence senior leaders.

Responsibilities

  • Lead the corporate costing strategy by setting cost management priorities and translating objectives into cost control plans.
  • Oversee costing analysis, forecasts and reporting ensuring accuracy and compliance with standards.
  • Lead annual budgeting and periodic forecasting with cross-functional teams to align with strategic priorities.
  • Analyze cost trends, variances and risks, providing fact-based insights to senior management.
  • Validate cost-saving initiatives, support improvement projects, and develop trend analyses.
  • Partner with CFO and other teams to align costing priorities and enable effective decisions.
  • Ensure adherence to costing standards and internal controls while managing risks.
  • Lead, coach and develop a team of four costing professionals.
  • Support internal and external audits with clear costing information.

Skills

Financial analysis
Budgeting
Forecasting
Reporting
Stakeholder management
Leadership
English proficiency

Education

Master's degree in Accounting and Finance
MBA (Finance)
CA
CMA
ACCA

Tools

SAP CO modules

Job description

POSITION SNAPSHOT

Location: Lahore, Pakistan

Company: Nestlé

Job Type: Full Time, Permanent

Position Summary

The Corporate Costing Manager leads the corporate costing function for Nestlé Pakistan, overseeing approximately PKR 140 billion in costs, equivalent to around 70% of NNS in the P&L. The role ensures accurate and consistent cost analysis, strengthens cost governance, and turns financial insights into clear recommendations that support strategic and operational decision-making. Based at the Head Office, the position leads a team of four members and partners with Business Units, Factories, Finance, Technical and Supply Chain teams to identify cost optimization opportunities, improve forecasting quality, and protect the integrity of costing data and controls.

A Day in the Life of Corporate Costing Manager

  • Lead the corporate costing strategy by setting cost management priorities, identifying key cost drivers, and translating business objectives into practical cost control and optimization plans.
  • Oversee costing analysis and reporting, ensuring that cost data, forecasts and financial insights are accurate, consistent, timely and compliant with established standards.
  • Lead annual budgeting and periodic forecasting for cost-related areas, working closely with business units, factories and cross-functional teams to validate assumptions and maintain alignment with strategic priorities.
  • Analyze cost trends, variances and emerging risks, and provide senior management with fact-based insights and recommendations to improve performance and decision-making.
  • Validate and track cost-saving initiatives, support continuous improvement projects, and develop trend analyses that highlight inefficiencies and opportunities for sustainable savings.
  • Partners with the CFO, Head of Decision Support, Operations Controllers, Business Units, Finance, Technical and Supply Chain teams to align costing priorities and enable effective decisions.
  • Ensure adherence to Nestle Costing Standards, internal policies and controls, while proactively managing risks that could affect costing accuracy or data integrity.
  • Lead, coach and develop a team of four costing professionals, creating a collaborative, inclusive and high-performing culture focused on accountability and continuous learning.
  • Support internal & external audit requirements and provide clear, well-substantiated costing information when required.

What will make you Successful?

  • Master's degree in Accounting and Finance, MBA (Finance) or a professional qualification such as CA, CMA or ACCA.
  • Minimum 7-10 years of relevant experience in cost management, corporate costing and financial analysis, preferably within the FMCG sector.
  • Practical experience of manufacturing and white-collar costing standards, including budgeting, forecasting and variance analysis.
  • In-depth knowledge of costing principles, cost drivers, cost management practices and financial controls.
  • Advanced financial analysis, budgeting, forecasting and reporting skills, with the ability to convert complex data into actionable business insights.
  • Working knowledge of SAP CO modules and strong proficiency in English.
  • Strong strategic thinking and fact-based decision-making, with the ability to lead change and simplify complex processes.
  • Proven people leadership capability, including coaching, feedback, performance enablement and development of high-performing teams.
  • An end-to-end mindset and strong stakeholder management skills, with the confidence to influence senior leaders and collaborate across Finance, Operations, Technical, Supply Chain and business teams.
  • High standards of governance, compliance and data integrity, combined with sound judgement and accountability.
  • Analytical and detail-oriented, with strong problem-solving skills and the ability to identify trends, discrepancies and improvement opportunities.
  • Adaptable and resilient, with the ability to manage competing priorities and perform effectively in a changing business environment.
  • Collaborative, inclusive and transparent, with a strong commitment to trust, respect and shared outcomes.
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