Senior Cost Accountant

Intertrade is looking for an experienced Senior Cost Accountant to join our Finance team, with a strong focus on manufacturing costing, cost control, inventory, budgeting, and operational performance analysis.

Location: 10th of Ramadan City

Key Responsibilities:

• Record, monitor, and analyze all production costs, including raw materials, direct labor, utilities, and manufacturing overhead.
• Prepare and maintain accurate product cost sheets for manufactured products.
• Calculate and analyze standard cost vs. actual cost variances and investigate significant deviations.
• Review material consumption and compare actual usage against production output and BOM standards.
• Monitor scrap, waste, rework, and production losses and evaluate their operational and financial impact.
• Calculate and analyze manufacturing KPIs such as cost per unit, material yield, cost variance, waste %, production efficiency, and machine utilization impact on cost.
• Ensure proper allocation of costs across products, departments, machines, and cost centers.
• Analyze operational expenses and identify abnormal costs, inefficiencies, and cost-saving opportunities.
• Support management in evaluating product profitability, margins, pricing decisions, and factory performance.
• Support the preparation and monitoring of operational and departmental budgets.
• Track actual spending against budgets and investigate cost overruns and significant variances.
• Participate in forecasting and financial planning related to production and operations.
• Prepare monthly cost control, variance, and operational performance reports for management review.
• Reconcile raw materials, WIP, and finished goods inventory between ERP, Warehouse, Production, and Finance records.
• Monitor inventory transactions, material consumption, and material movements through Odoo ERP.
• Participate in physical stock counts and cycle counts and investigate discrepancies between physical and system inventory.
• Ensure all cost-related transactions are accurately recorded, traceable, and properly supported by documentation.
• Work closely with Production, Planning, Purchasing, Warehouse, Quality, and Finance to improve cost accuracy and operational efficiency.
• Provide management with analytical reports and actionable recommendations to support operational and strategic decision-making.
• Identify and support cost reduction and continuous improvement initiatives across factory operations.
• Participate in improving costing systems, ERP workflows, reporting structures, and internal controls.
• Support management in evaluating operational performance and factory efficiency trends.

Requirements:

• Bachelor's degree in Commerce, Accounting, Finance, or a related field.
• 4–7 years of relevant experience, with strong experience in cost accounting within a manufacturing environment.
• Strong knowledge of standard costing, actual costing, BOMs, manufacturing overhead allocation, inventory valuation, and variance analysis.
• Good understanding of raw material, WIP, and finished goods inventory accounting.
• Experience with ERP systems; Odoo experience is highly preferred.
• Advanced Microsoft Excel skills.
• Strong analytical, numerical, and problem-solving skills with excellent attention to detail.
• Ability to understand factory operations and translate operational performance into financial impact.
• Strong communication skills and ability to work effectively with operational departments.
• Previous experience in plastics, rubber, extrusion, or similar manufacturing industries is an advantage.

Working Days: Saturday to Thursday

Company transportation is available: 10th of Ramadan City, Esalam, Belbeis, & Abu Kebir.

[Confidential Information]