Senior Cost Accountant

Amreyah Cement

Employer Active

Posted 11 hrs ago

Experience

3 - 5 Years

Job Location

Cairo - Egypt

Education

Bachelor of Commerce(Commerce)

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

  • Costing Operations: Develop, maintain, and review standard costing structures for raw materials, labor, and overhead in line with the production process. Ensure cost records accurately reflect production realities.
  • Variance Analysis: Conduct detailed variance analyses between actual, standard, and budgeted costs. Identify root causes of deviations and recommend corrective measures to improve cost efficiency.
  • Budgeting & Forecasting: Assist in the preparation of annual budgets, forecasts, and rolling cost estimates. Provide financial insights to support management decisions.
  • Inventory Valuation & Control: Ensure accurate valuation of raw materials, work-in-progress (WIP), and finished goods inventories. Collaborate with the warehouse and production teams to maintain inventory accuracy.
  • Cost Reports & Dashboards: Prepare monthly cost performance reports and Budget vs. Actual variance reports for management review. Present findings and cost trends to support operational and financial decisions.
  • Production Cost Monitoring: Work closely with plant operations to monitor energy, material, and labor consumption rates. Analyze cost per ton of output and identify cost-saving opportunities.
  • Internal Controls & Compliance: Implement and maintain internal controls related to costing, inventory, and financial reporting. Ensure compliance with IFRS, company policies, and audit requirements.
  • Systems Utilization: Use ERP systems (SAP CO, MM, PP, FI modules) and advanced Excel tools to track, analyze, and report cost data efficiently.
  • Cross-Departmental Collaboration: Collaborate with procurement, production, maintenance, and logistics teams to ensure accurate cost allocation and efficient resource use.

Desired Candidate Profile

Education: Bachelor s degree in Accounting, Finance, or Commerce (English or French section preferred). Professional certification such as CMA, CIMA, or CPA is highly desirable.

Experience: 3 5 years of progressive experience in cost accounting or management accounting, preferably within cement, steel, or heavy manufacturing industries.

Technical Proficiency: In-depth knowledge of cost accounting systems, standard costing, and variance analysis.

Analytical Skills: Strong ability to interpret complex cost data and provide actionable insights.

ERP & Excel Expertise: Advanced user of SAP and Microsoft Excel (pivot tables, macros, financial modeling).

Financial Knowledge: Solid understanding of IFRS and industrial cost control frameworks.

Communication: Clear reporting and presentation skills for financial and non-financial audiences.

Teamwork: Ability to collaborate effectively with cross-functional teams in production environments.br>

Company Industry

Department / Functional Area

Keywords

  • Senior Cost Accountant

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