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.
