Product Costing Analyst

Castrol is one of the world’s leading lubricant brands, serving customers and consumers in the automotive, marine, industrial and energy sectors. Castrol brands are recognised globally for their premium quality and high performance, shaped by the company’s commitment to innovation and cutting-edge technology. With products sold in more than 150 countries, Castrol has helped keep things moving on roads and racetracks, air, sea, and space for over 125 years.

Job description

About the Team

The Product Costing team is responsible for calculating, evaluating and maintaining product costs, supporting accurate financial reporting and effective Supply Chain cost management. The team works closely with Supply Chain, Finance, Manufacturing, Logistics and other stakeholders to ensure accurate product costing, transfer pricing, inventory valuation and financial control.

Key Tasks

• Calculate, validate and maintain product costs and relevant master data in SAP, including MAV, activity types, additive costs, costing lot sizes and subcontracting fees.
• Maintain SAP MM conditions, mark-up rates, in-plant loss rates, and relevant logistics and Z-conditions.
• Perform product cost calculation simulations and three-way invoice matching to ensure accuracy and compliance.
• Prepare and validate monthly transfer price lists and investigate cost deviations.
• Perform and support month-end activities, including stock valuation, SLOBS, MM condition reversals, process orders and aged debt analysis.
• Extract and control SAP reports, prepare Supply Chain templates and core financials, and support PCTP meeting preparation.
• Manage over- and under-recovery, support inventory stock counts and related financial adjustments, and ensure appropriate financial controls are maintained.
• Support continuous improvement initiatives and IT projects, including MoC initiatives, SAP NIKE and system releases, while maintaining a strong Finance partnership with Supply Chain.

Experience Required

• Experience in a financial role, preferably within Product Costing, Supply Chain Controlling or a similar Finance environment.
• Strong Excel skills and the ability to analyse and interpret large volumes of financial and operational data.
• Strong analytical and problem-solving skills, with excellent attention to detail and accuracy.
• Practical experience with SAP, preferably SAP CO and MM modules.
• Experience with financial reporting, performance management and month-end activities.
• Experience with Access and/or SAP BW is an advantage.
• Strong IT literacy and the ability to work effectively with financial systems and data tools.
• Strong English communication skills, good interpersonal skills, and the ability to work effectively in a team and under pressure

Privacy

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to Castrol recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.).