Job Title: Cost & Reporting Accountant

Department: Finance

Location: 6th of October - Giza

Reports To: Financial Controller

Job Purpose:

The Cost & Reporting Accountant is responsible for managing product costing, analyzing cost variances, and preparing periodic financial reports that support business decisions. This role plays a key part in ensuring cost accuracy, controlling manufacturing expenses, and providing insights to enhance profitability within a fast-paced FMCG environment.

Key Responsibilities:

1. Costing & Inventory Accounting

Prepare and maintain accurate standard costs, ensuring updates for raw materials, packaging, labor, and overheads.
Analyze production variances, including material usage, price variances, labor efficiency, and overhead absorption.
Validate and reconcile inventory movements (RM, PM, WIP, FG) on a monthly basis.
Support month-end closing activities to ensure accurate COGS reporting.
Conduct periodic cost analysis to support pricing decisions and promotional evaluations.

2. Reporting & Financial Analysis

Prepare monthly management reports including cost statements, margin analysis, and expense dashboards.
Analyze trends in product margins, production efficiency, and operational KPIs.
Support the preparation of annual budgets and forecasts related to manufacturing and supply chain costs.
Provide financial insights to Operations, Supply Chain, Sales, and Commercial teams.

3. Internal Controls & Compliance

Ensure compliance with company policies, accounting standards, and internal controls.
Participate in periodic stock counts and verify the accuracy of inventory valuations.
Maintain and review BOMs (Bill of Materials) and ensure consistent costing methodology across the business.

4. Cross-Functional Collaboration

Work closely with the Manufacturing, Supply Chain, Procurement, and Commercial teams to understand cost drivers and operational performance.
Support new product launches by providing costings and margin evaluations.
Assist in system improvements (ERP enhancements, automation tools, dashboards).

Qualifications & Experience:

Bachelor's degree in Accounting, Finance, or a related field.
Professional certification (CMA/CPA) is a plus.
25 years of experience in costing, reporting, or management accountingpreferably in the FMCG or manufacturing sector.
Strong knowledge of standard costing, inventory accounting, and financial reporting.
Experience with ERP systems (SAP, Oracle, Microsoft Dynamics, or similar).
Advanced Excel skills; knowledge of Power BI is an advantage.

Skills & Competencies:

Strong analytical and problem-solving skills.
High attention to detail and accuracy.
Ability to work under pressure and meet strict deadlines.
Excellent communication and presentation skills.
Proactive, collaborative, and business-oriented mindset.

Senior Cost Accountant

Cost Accountant

Cost Accountant

Cost Accountant Team Leader

Cost Accountant