Costing Analyst

About This Course

A Costing Analyst in the manufacturing industry focuses on analyzing production costs, tracking cost drivers, and improving profitability through data-driven insights. This course equips learners with the skills to monitor material, labor, and overhead costs, perform variance analysis, and support budgeting and pricing decisions. Participants gain hands-on experience with tools like Excel, along with exposure to cost modeling and basic SQL/BI for reporting. The program emphasizes cost control, standard costing, and financial analysis within production environments. Learners will understand how to identify inefficiencies, optimize resource utilization, and support strategic cost management initiatives. By the end of the course, they are prepared for roles in costing and financial analytics, with career progression into finance, operations, and cost management leadership positions.

Key Responsibilities

• Prepare product cost estimates
• Analyze material, labor, and overhead costs
• Monitor production expenses and variances
• Develop standard costing models
• Support budgeting and forecasting
• Conduct profitability analysis
• Prepare cost reports for management
• Identify cost-saving opportunities
• Assist in inventory valuation and reconciliation
• Collaborate with production and finance teams

Growth Path

Tools Used

Perfect For

Commerce and Finance Graduates | Cost & Management Accounting Students | Aspiring Manufacturing Finance Professionals | Analysts Interested in Cost Control | Professionals Seeking Careers in Industrial Finance

Fee Structure