Costing & Budgeting Manager

Confidential Company

Employer Active

Posted 3 min ago

Experience

10 - 15 Years

Monthly Salary

AED 18,000 - 20,000 ($4,861 - $5,401)

Job Location

Sharjah(Sharjah Industrial Area) - United Arab Emirates (UAE)

Education

Chartered Accountant(Chartered Accountant)

Nationality

Any GCC National, Filipino, Indian, Any Arab National

Gender

Any

Benefits

Competitive salary package, Benefits package based on qualifications and experience

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

  • Manage and oversee product costing processes within the ERP environment.
  • Develop, maintain, and validate standard costing structures for all products.
  • Analyze raw material, labour, conversion, and overhead costs.
  • Monitor and report manufacturing variances including material usage variances, labor variances, overhead absorption variances, and production efficiency variances.
  • Review and validate Bills of Materials (BOMs), routings, and machine rates.
  • Ensure accurate allocation of manufacturing overheads and factory expenses.
  • Conduct periodic cost reviews and recommend cost optimization opportunities.
  • Work closely with IT, production, and supply chain teams to ensure costing accuracy within the ERP system.
  • Support ERP process improvements related to costing, inventory, production accounting, and reporting.
  • Ensure integrity of master data related to items, cost centres, BOMs, routings, and standard costing structures.
  • Participate actively in ERP enhancement, automation, and digital transformation initiatives.
  • Lead annual budgeting and forecasting exercises for manufacturing & trading operations.
  • Prepare factory-wise and product-wise profitability analysis.
  • Support monthly MIS reporting and management presentations.
  • Monitor budget utilization and highlight key deviations with actionable recommendations.
  • Support inventory valuation and stock reconciliation processes.
  • Coordinate with operations and stores teams on inventory controls and cycle counts.
  • Ensure compliance with accounting standards and internal control requirements.
  • Assist in improving operational KPIs and productivity measurements.
  • Work closely with production, procurement, supply chain, and commercial teams.
  • Provide financial insights to support pricing, product mix, and operational decisions.
  • Support management in identifying profitability improvement opportunities.

Desired Candidate Profile

  • Qualified Chartered Accountant / Cost Accountant (CMA)
  • Strong factory-based experience
  • Experience in food packaging industry, FMCG manufacturing, or plastics / paper / flexible packaging industries preferred
  • Strong knowledge of standard costing
  • ERP-based manufacturing accounting
  • Budgeting & forecasting
  • Inventory accounting
  • Variance analysis
  • Product profitability analysis
  • Exposure to ERP costing configuration and production accounting within Microsoft Dynamics 365 Finance & Operations (F&O)
  • Advanced Excel and analytical skills
  • Knowledge of Power BI or business analytics tools (added advantage)
  • Strong analytical and problem-solving capabilities
  • Good communication and stakeholder management skills
  • Ability to work closely with cross-functional operational teams
  • Commercially oriented with attention to detail
  • Proactive, hands-on, and process improvement mindset

Employment Type

    Full Time

Company Industry

  • FMCG
  • Foods
  • Beverages

Department / Functional Area

  • Finance
  • Treasury

Keywords

  • Costing
  • Budgeting
  • Manufacturing Cost Analysis
  • Financial Planning
  • Chartered Accountant
  • Cost Accountant
  • CMA
  • ERP
  • Microsoft Dynamics 365 Finance & Operations
  • Standard Costing Methodologies
  • BOM
  • Routing Structures
  • Variance Analysis
  • Inventory Controls

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Confidential Company