Production Cost Analysis: Calculate and analyze the actual cost of production (finished goods and work-in-progress) by tracking raw materials, direct labor, and manufacturing overhead (MOH)
Standard Costing Management: Establish, maintain, and periodically update standard costs for all products and components
Variance Analysis: Identify and analyze differences between standard costs and actual costs. Investigate causes such as material waste, purchase price fluctuations, or production inefficiencies, and recommend corrective actions
Inventory Control & Reconciliation: Monitor inventory movements (raw materials, packaging, and finished goods). Reconcile book balances with physical counts and lead periodic and annual physical inventory audits
Scrap and Waste Monitoring: Track production scrap, waste, and spoilage rates to ensure they remain within allowable limits and report any abnormal losses
Profitability and Break-Even Analysis: Evaluate the profitability of specific products and production lines and calculate break-even points to guide sales and pricing strategies
Budgeting and Forecasting: Actively participate in preparing the factory's annual budget and monthly forecasts, ensuring accurate cost projections
Financial Reporting: Prepare weekly and monthly cost reports for corporate finance and plant management, providing clear insights and cost-saving recommendations

RequirementsRequirements

Work Experience
5-6 years of relevant experience in cost accounting within a manufacturing environment
Hands-on experience calculating production costs and managing standard costing
Proven experience in cost variance analysis, inventory reconciliation, and manufacturing cost control
Experience preparing cost reports, budgets, and profitability analyses
Technical Skills
Strong knowledge of manufacturing cost accounting, including raw materials, direct labor, and manufacturing overhead
Advanced proficiency in Microsoft Excel, including formulas, Pivot Tables, data analysis, and cost reporting
Practical experience using ERP systems such as SAP, Oracle, or Odoo
Odoo experience is highly preferred, particularly in manufacturing, inventory management, and cost accounting modules
Key Competencies
Strong analytical and numerical skills
High attention to detail and accuracy
Good problem-solving and investigation skills
Ability to identify cost-saving opportunities and recommend corrective actions
Effective communication and coordination with finance, production, procurement, and warehouse teams
Ability to meet reporting deadlines and manage multiple tasks efficiently

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About the company

SSC HR Solutions

IT Services and IT Consulting • 51-200 employees

At SSC HR Solutions, we connect your business ambition with the talent to make it happen. We partner with forward-thinking companies and HR leaders across the GCC and the Globe to power their teams through smart recruitment and seamless outsourcing solutions. With over 80 leading…

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