Supply Chain Finance Manager

Purpose of the Role

To lead comprehensive financial management and cost accounting across the end-to-end supply chain, including manufacturing, procurement, logistics, and warehousing. This role ensures accurate cost capture, financial control, and strategic decision support, while driving cost optimization, operational excellence, and profitability. The role also has lead responsibility for the financial integration and optimization of the SAP ERP system to enhance process efficiency, data accuracy, and cost transparency.

Key Responsibilities

1. Manufacturing & Cost Accounting Management

• Cost Accounting Oversight: Manage all cost accounting operations, including standard costing, variance analysis, and the allocation of prime and conversion costs at the SKU level.
• Production Finance: Monitor production batches and planning to ensure cost accuracy and capacity control. Analyze direct/indirect costs and report on variances.
• Conversion Cost Management: Ensure accurate cost booking, manage accruals, and optimize expenditures to achieve annual savings targets.
• Performance Monitoring: Track factory KPIs (e.g., OEE, waste, utilities) and collaborate with operations to drive targeted improvements.
• Forecasting & Planning: Develop accurate financial forecasts and standard cost models aligned with manufacturing objectives.

2. Procurement Finance Management

• Commodity & Supplier Performance: Report on key commodity metrics and optimize stock levels to achieve significant annual savings.
• Sourcing Strategy: Improve sourcing strategies for raw and packaging materials to enhance supplier performance and reduce costs.
• Contract Management: Review and negotiate co-packing and supplier contracts to secure competitive pricing and favorable terms.
• Supplier Governance: Conduct compliance audits to ensure adherence to quality and contractual standards.
• Market Intelligence: Monitor industry trends to inform and refine procurement strategies.

3. Logistics, Warehousing & Inventory Financ

• eExpense Management: Oversee and control logistics and warehousing overheads to achieve annual cost reductions
• .Efficiency Optimization: Analyze capacity utilization and transportation efficiency to lower logistics costs while maintaining service levels
• .Inventory Management: Oversee inventory accounting, valuation, periodic counts, and reconciliation. Provide financial analysis to optimize inventory levels and reduce waste
• .Network Optimization: Lead financial aspects of warehouse network projects to drive down warehousing costs
• .KPI Management: Establish and track logistics KPIs (e.g., Cost per Metric Ton) to measure and improve efficiency

.4. CAPEX, Budgeting & Financial Leadershi

• pCAPEX Management: Prepare monthly CAPEX reports for Board and management; monitor spend against budget and cash flow requirements
• .Budgeting & Forecasting: Direct the end-to-end supply chain budgeting process. Prepare detailed annual budgets and forecasts for prime costs by SKU, ensuring alignment with strategic goals
• .Strategic Projects: Build business cases and lead high-ROI supply chain and cost-saving projects, ensuring scalability and value delivery
• .Scenario Planning: Conduct financial evaluations for outsourcing and other strategic initiatives

.5. Systems, Process Optimization & Complianc

• eERP Leadership: Lead the financial implementation, integration, and validation of the SAP ERP system. Develop and maintain standard costing systems within the ERP
• .Process Improvement: Champion automation, digitization, and process improvement initiatives to enhance reporting efficiency, data accuracy, and reduce manual effort
• .Financial Reporting & Compliance: Prepare monthly/quarterly financial reports for site and supply chain operations. Ensure adherence to all financial policies, internal controls, accounting standards, and external regulations
• .Risk Management: Develop and implement strategies to mitigate financial risks across supply chain operations

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Job Requiremen

tsEducation & Certificatio

• nsBachelor's degree in Accounting, Finance, or a related fiel
• d.MBA, CMA, CPA, or equivalent professional certification strongly preferre

d.Experien

• ceMinimum of 5 years of progressive experience in cost accounting, FP&A, and supply chain finance, within the FMCG or manufacturing sectors (FMCG experience is essential
• ).Proven expertise in manufacturing cost accounting, procurement finance, and logistics/warehousing financ
• e.Hands-on experience with SAP ERP implementation, integration, and financial module optimization is highly preferre

d.Skills & Competenci

• esExpert knowledge of cost accounting principles, financial accounting standards, and variance analysi
• s.Advanced proficiency in ERP systems (SAP required) and Microsoft Exce
• l.Strong analytical, problem-solving, and strategic decision-making abilitie
• s.Excellent communication, interpersonal, and stakeholder management skill
• s.High attention to detail and ability to lead under tight deadline

s.Languag

• esFluency in English is required. Arabic proficiency is a significant advantag

e.Additional Requiremen

• tsSaudi nationals are preferred; exceptional expatriate candidates will be considere

d.
Key Performance Indicators (KP

• Is)Achievement of annual cost-saving targets across manufacturing, procurement, and logisti
• cs.Accuracy and integrity of cost accounting, inventory valuation, and financial reporti
• ng.Improvement in operational KPIs (OEE, Cost/MT, capacity utilization, wast
• e).Timely and accurate financial forecasting, budgeting, and CAPEX reporti
• ng.Successful delivery and integration of ERP (SAP) modules and strategic projects with validated R
• OI.Full compliance with accounting standards, financial policies, and regulatory requiremen