Employer Overview
A well-established manufacturing organization operating in a specialized industrial environment is seeking to strengthen its Finance function with an experienced manufacturing accounting professional.
The organization offers a hands-on working environment with close collaboration across Finance, Production, Purchasing, Engineering, and Warehouse functions.
Job Summary
We are looking for a hands-on Manufacturing & Cost Accountant responsible for maintaining accurate product costing, inventory accounting, manufacturing variance analysis, and day-to-day financial accounting activities.
The role will provide management with accurate cost and profitability information while ensuring that manufacturing transactions are properly recorded and controlled through the ERP system.
Key Responsibilities
- Manage day-to-day accounting transactions, including Accounts Payable, Accounts Receivable, banks, and General Ledger activities.
- Calculate, maintain, and review accurate manufacturing product costs.
- Analyze material, labor, machine time, tooling, consumables, and manufacturing overhead costs.
- Monitor and analyze standard versus actual costs and investigate manufacturing variances.
- Maintain accurate accounting records for Raw Materials, Work in Progress (WIP), and Finished Goods.
- Perform inventory reconciliation, inventory valuation, and support periodic physical stock counts.
- Monitor and analyze production-related variances, including scrap and rework costs.
- Prepare monthly financial, cost, profitability, and management reports.
- Support budgeting, forecasting, and management financial analysis.
- Prepare tax-related schedules and support compliance with applicable Egyptian tax regulations.
- Ensure accurate accounting and costing transactions are maintained through the ERP system.
Minimum Requirements
Education
- Bachelor’s degree in Accounting, Finance, Commerce, or a related discipline.
Experience
- 3–5 years of accounting experience within a manufacturing company is mandatory.
- Proven practical experience in manufacturing accounting and cost accounting.
- Practical exposure to inventory accounting and manufacturing operations.
Technical Skills
- Strong understanding of product costing.
- Manufacturing cost accounting.
- Standard costing and actual costing.
- Manufacturing variance analysis.
- Inventory valuation.
- Raw Materials, WIP, and Finished Goods accounting.
- Manufacturing overhead allocation.
- Scrap and rework cost analysis.
- Financial accounting and General Ledger.
- Budgeting, forecasting, and profitability analysis.
- Good knowledge of Egyptian tax regulations.
Computer Skills
- Advanced Microsoft Excel skills.
- Strong experience using ERP systems.
- Odoo experience is highly preferred.
- Ability to extract, reconcile, and analyze financial and manufacturing data from ERP systems.
Abilities
- Ability to work directly with Production, Purchasing, Engineering, and Warehouse teams.
- Ability to translate production activities into accurate accounting and costing transactions.
- Ability to reconcile physical inventory movements with accounting records.
- Ability to identify cost deviations and explain their financial impact.
- Ability to work effectively in a hands-on manufacturing environment.
