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Job Description
- Analyze and monitor product costs, manufacturing expenses, and overhead costs.
- Conduct cost variance analysis to identify and explain cost discrepancies.
- Prepare regular cost reports and provide insights on cost trends and performance.
- Prepare cost budgets and forecasts in collaboration with finance and operational teams.
- Monitor and analyze actual costs against budgeted amounts.
- Provide insights on cost implications for budget variances and assist in budget revisions.
- Implement cost control measures and monitor their effectiveness.
- Conduct cost-benefit analyses for process improvements and capital investments.
- Oversee inventory costing and valuation processes.
- Ensure accurate recording of inventory transactions and maintain appropriate inventory levels.
- Perform periodic inventory reconciliations and coordinate physical inventory counts.
- Analyze inventory turnover and identify opportunities for cost reduction and process improvement.
Job Requirements
- Bachelor's degree in finance, accounting or related field required.
- minimum 15 years of experience ( at least 5 years as a a cost accounting manager in industrial field ).
- Manufacturing Experience is a Must.
- Proficiency in Arabic and English.
- Strong understanding of the industry and its unique financial requirements.
- Excellent leadership and communication skills.
- Proficiency in financial systems and software (i.e ERP systems, financial modeling tool, excel).
