Senior Cost Accountant (Chemical Manufacturing)
- Work arrangement
- On-site
- Job type
- Full-time
- Occupation
- Engineering, Science & Manufacturing
- Location
- New Cairo City, Cairo Governorate, EG
- Compensation
- Not disclosed
- Apply by
- April 23, 2027
About this role
<ul>
<li>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).</li>
<li>Standard Costing Management: Establish, maintain, and periodically update standard costs for all products and components.</li>
<li>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.</li>
<li>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.</li>
<li>Scrap and Waste Monitoring: Track production scrap, waste, and spoilage rates to ensure they remain within allowable limits and report any abnormal losses.</li>
<li>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.</li>
<li>Budgeting and Forecasting: Actively participate in preparing the factory’s annual budget and monthly forecasts, ensuring accurate cost projections.</li>
<li>Financial Reporting: Prepare weekly and monthly cost reports for corporate finance and plant management, providing clear insights and cost-saving recommendations.</li>
</ul><h2>Requirements</h2><h2>Requirements</h2><ul>
<li>Work Experience</li>
<ul>
<li>7-10 years of relevant experience in cost accounting within a manufacturing environment.</li>
<li>Hands-on experience calculating production costs and managing standard costing.</li>
<li>Proven experience in cost variance analysis, inventory reconciliation, and manufacturing cost control.</li>
<li>Experience preparing cost reports, budgets, and profitability analyses.</li>
</ul>
<li>Technical Skills</li>
<ul>
<li>Strong knowledge of manufacturing cost accounting, including raw materials, direct labor, and manufacturing overhead.</li>
<li>Advanced proficiency in Microsoft Excel, including formulas, Pivot Tables, data analysis, and cost reporting.</li>
<li>Practical experience using ERP systems such as SAP, Oracle, or Odoo.</li>
<li>
<strong>Odoo experience is highly preferred</strong>, particularly in manufacturing, inventory management, and cost accounting modules.</li>
</ul>
<li>Key Competencies</li>
<ul>
<li>Strong analytical and numerical skills.</li>
<li>High attention to detail and accuracy.</li>
<li>Good problem-solving and investigation skills.</li>
<li>Ability to identify cost-saving opportunities and recommend corrective actions.</li>
<li>Effective communication and coordination with finance, production, procurement, and warehouse teams.</li>
<li>Ability to meet reporting deadlines and manage multiple tasks efficiently.</li>
</ul>
</ul>