Manufacturing Finance Specialist EDGE Group PJSC

Be part of Caracal s operational excellence by driving financial performance within our manufacturing environment. As a Senior Specialist in Manufacturing Finance, you will play a pivotal role in budgeting, cost control, product costing, and financial analysis supporting data-driven decision-making that enhances efficiency, profitability, and strategic alignment across production operations.

Key Accountabilities

Financial Planning & Budgeting

• Develop, manage, and monitor budgets, forecasts, and long-term financial plans for manufacturing operations.

• Conduct cost modeling and financial projections to support strategic decision-making.

• Align financial targets with production goals through structured planning frameworks.

Cost Management & Product Costing

• Lead detailed analysis of manufacturing and absorption cost variances, identifying root causes and recommending actions.

• Ensure accurate product costing, capturing all direct and indirect costs to support pricing and profitability.

• Drive cost optimization initiatives and contribute to working capital efficiency.

Financial Reporting & Analysis

• Prepare and present financial reports, including KPIs, variance analysis, and performance insights.

• Maintain financial data integrity in ERP systems (SAP/Oracle), ensuring accurate reporting and traceability.

• Support internal and external audits, ensuring full compliance with regulatory and corporate standards.

Operational Collaboration

• Work closely with manufacturing, supply chain, engineering, procurement, and quality to align operational and financial objectives.

• Provide actionable insights to enhance operational efficiency, reduce waste, and improve resource utilization.

• Partner with cross-functional teams to support production planning and inventory control.

Process Improvement & Controls

• Implement and enhance internal controls to safeguard financial assets and processes.

• Drive continuous improvement initiatives across finance and manufacturing workflows.

• Support digital transformation initiatives related to financial systems and reporting.

Leadership & Support

• Mentor junior finance team members to support capability building.

• Act as a financial advisor to operational leaders, ensuring decisions are aligned with financial targets.