Cost Manager

Main Responsibilities

• Support the Plant Controller in the preparation of the annual budget and standard cost setting (BOM, labor, overheads).
• Monitor and analyze industrial costs, standard costs, and production variances, providing regular performance reporting and insights.
• Perform month end close activities including preparation of journal entries and required reports detailing results including analysis and explanations.
• Support the monthly forecast and Group planning cycles (SAF, Strategic Plan), including risks and opportunities.
• Prepare financial analyses for capital projects, including business cases, ROI, and support to Group approval processes.
• Monitor write-offs, destructions, and obsolescence accruals, ensuring proper documentation and reporting.
• Support capital projects and fixed-asset management, including WBS setup, asset activation, verification, and disposals.
• Ensure timely and accurate reporting in Group systems (HFM, SAP) for budget, forecasts, and actuals.
• Perform cost simulations and project economics to support new products, SKUs, and changes in production flows.
• Supervise and provide guidance to direct reports

About You

• Bachelor’s degree in Finance, Accounting, or a related field.
• 5–8 years of experience in industrial controlling, cost accounting, budgeting, month end close and financial analysis in a manufacturing environment.
• Strong knowledge of production processes, standard costing, and SAP, including fixed-asset management.
• Experience supporting capital investment analysis, budgeting, and ROI evaluations.
• Good understanding of financial systems, including HFM and/or other Budgeting/Forecasting tools.
• Ability to work cross-functionally with Operations and support senior finance leadership (Plant Controller).
• Strong analytical and problem-solving skills, with a track record of improving cost transparency and process efficiency.

Artificial Intelligence Disclosure

As part of our recruitment process, Ferrero may use artificial intelligence (AI) enabled tools to assist with reviewing candidate applications. These tools are used solely to support recruiters by summarizing application information and identifying potential alignment with job requirements. AI does not independently screen out or select candidates, and it does not replace human judgment. Final decisions regarding candidate progression are always made by Ferrero recruiters and hiring managers.

About Ferrero

Ferrero began its journey in the small town of Alba in Piedmont, Italy, in 1946. Today, it is one of the world’s largest sweet-packaged food companies, with many iconic brands sold in countries all over the world. Find out more about Ferrero at ferrero.com.

DE&I at Ferrero

Ferrero is committed to building a diverse and inclusive culture in which all employees feel welcomed and appreciated and have the same opportunities. We believe all our people are equally talented in their own way. In nurturing the curiosity and natural abilities of our employees, we provide them, generation after generation, the means to succeed personally and professionally, enabling them to craft their journey at Ferrero.

Benefits & Perks

Careers with caring built in - discover our benefits here. The base salary range for this position is $80,000 - 91,000. Actual compensation will be determined based on experience, qualifications, and other job-related factors permitted by law. This range represents the anticipated salary for this position at this time. In addition to base salary, we offer a comprehensive benefits package, including health insurance, retirement plans, paid time off, and other benefits.