Job Title: Assistant Manager, Costing
Job Description:
Cost Accounting
- Routine Examination and Analysis of Management Accounting System.
- Review, analyse & implement cost accounting policies and costing standards for raw & Packaging materials, Semi Finished, Spare parts and material, WIP and finished goods.
- Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost.
- Provide internal / External auditor requirements.
- Maintain the Bill of Material in the system including the approval of any changes.
- Analyzing near expiry/slow moving stock & book provision as per policy.
- Support in fixed asset count of the company.
- Manage the closing processes across all plants, ensure ledgers are closed in a timely manner, with accuracy, and in compliance with IFRS.
- Manage annual physical inventory process across manufacturing sites.
- Ensure controllership and consistency of accounting process across the operations, drive controllership awareness and processes through operations teams, and ensure finance compliance.
Financial Budget
- Support in the Development of the product cost for budget & forecast and the uploading the system.
- Manage the preparation and consolidation of the annual budget for Plants.
- Review with plant team budgeted cost saving projects Analyze / Finalize submitted material price from value buying.
Reporting
- Monthly share overhead & capital spending detail with Business unit head.
- Prepare monthly material utilization variances & Purchase price variances to make root cause analysis & take corrective action.
- Monthly finalize & share production volume of the plant.
- Prepare and share DIOH report with plant and value buying team.
Cost Control
- Lead tracking, review, and accurate timely submission of monthly Capex monitor to Plants heads.
- Control Trade Support functions spending and provides regular detailed reporting on plants direct cost of all SF Plants.
- Review the monthly Spending of non-organization costs such as (travel, welfare, conferences ..etc).
- Ability to analyze cost-saving projects & new product costing with the production team.
Qualifications & Skills:
- Bachelor's degree in accounting/finance or equivalent.
- Proven experience in finance management.
- Fluent in English and Arabic.
