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Job Description
- Plan, organize and direct all the activities of the cost accounting function
- Manage day to day operations of the existing cost accounting function from management of current unit costs to monthly close and analysis
- Manage the transition from the existing cost environment to a new cost system
- Identify, hire and develop cost accountants
- Development and maintenance of standard costs
- Perform the monthly closing activities including preparation of the cost statement along with supporting analysis
- Proactive analysis of variances and communication of issues and opportunities to the rest of Finance
- Develop metrics and tracking system for major cost drivers
- Define policies and procedures for all cost accounting activities
- Responsible for inventory accounting and reporting
- Creating and executing an end-to-end planning process for the Sector
- Supporting the Head of Finance in preparing the Sector’s strategy reviews
- Creation of the 3-year business plans
- Economic modelling
- Management reporting according to Wadi requirements
- Internal approvals process for capital activities
- Ownership of external business plan communications to Wadi JV partners, as applicable
Job Requirements
- Bachelor degree in commerce, business, or economics.
- 7+ years of proven track record of delivery in planning and performance management in the Sector
- Ability to practically apply economic evaluation methods that are standard within the industry
- Ability to communicate outside of core area of expertise, and work with technical staff to create business cases
- Proven track record of coaching and development of junior staff
- Strong analytical, communication and interpersonal skills.
- Excellent command of English language.
- Proficient user of MS Office (Excel, Word and PowerPoint).
- Prior Sector experience will be a significant advantage to effective performance of the role.