Budgeting & Costing Manager

1. Budgeting & Forecasting

• Lead the annual budgeting cycle for all manufacturing entities under Zain Group and cost centers.
• Prepare rolling forecasts and scenario analysis based on market, production, and operational inputs.
• Consolidate financial plans and analyze variances vs. actual performance.
• Liaise with production, maintenance, procurement, and logistics to gather inputs for operational budgets.

2. Product & Process Costing

• Develop and maintain accurate standard costing for all manufactured products.
• Ensure correct allocation of direct material, labor, and manufacturing overheads.
• Monitor actual production costs and investigate significant variances.
• Maintain and improve Bill of Materials (BOM) and routing cost accuracy.

3. Inventory & Overhead Costing

• Analyze and control inventory valuations, including raw materials, WIP, and finished goods.
• Ensure accurate month-end closing of manufacturing cost elements.
• Conduct regular reviews of overhead absorption rates and cost drivers.

4. Financial Analysis & Reporting

• Provide cost analysis for new product introductions (NPIs), pricing decisions, and make-or-buy analysis.
• Support continuous improvement initiatives with financial data (e.g., lean manufacturing, scrap reduction).
• Analyze Factory performance and identify cost improvement opportunities.

5. Internal Controls & Systems

• Design and enforce internal controls for cost tracking, reporting, and budget approvals.
• Optimize the use of ERP systems (e.g., Odoo, SAP, Oracle, Alpha) for cost reporting and budgeting.
• Standardize costing and budgeting templates across Factorys/companies.

6. Cross-functional Collaboration

• Work closely with Factory Managers, Production Heads, Supply Chain, and Procurement teams.
• Participate in CAPEX planning and post-investment analysis.