Assistant Manager, Costing

🏢 modern mills company
📍 Saudi ArabiaFull-timeOn-site
📅 Posted: 5d ago🔄 Updated: 5d ago
CV%
✨ AI Summary
The Assistant Manager, Costing will support product costing, inventory valuation, production and maintenance order costing, budgeting, and month-end closing. This role ensures cost accuracy, investigates variances, supports cost control, and provides financial information for decision-making. The position collaborates with various departments including Production, Procurement, Supply Chain, and Finance to ensure accurate recording and analysis of manufacturing transactions. Key responsibilities include managing costing activities, reviewing purchase orders and inventory, monitoring production costs, overseeing inventory valuation, coordinating standard costing cycles, and leading costing activities during month-end close. The role also supports annual budgeting, prepares new product cost estimates, develops costing reports, and assists with audits. Identifying cost-reduction opportunities and providing financial insights are also key aspects of this role.
Required Skills
Finance, Legal & Governance
Cost AccountingFinancial AnalysisBudgeting
Operations, Logistics & Supply Chain
Inventory Management
Engineering, Construction & Trades
MaterialsProduction Planning
Other
Costing Reports
🎁 Benefits & Perks
Competitive salary, comprehensive medical and life insurance, health benefits, and programs that support work-life balance.
Requirements
Bachelor's degree in Accounting, Finance, Cost Accounting, or a related discipline is required. Professional certification (CMA, CPA, ACCA, SOCPA) and/or training in SAP Controlling, Material Management, or Production Planning is preferred. Relevant experience in cost accounting, manufacturing accounting, inventory control, or financial analysis is necessary.
Description
Job description:To support the management of product costing, inventory valuation, production and maintenance order costing, budgeting and month-end closing activities. The role ensures the accuracy of standard and actual costs, investigates manufacturing and inventory variances, supports effective cost control and provides reliable financial information for operational and management decision-making.The position also works closely with Production, Maintenance, Procurement, Supply Chain, Quality, Information Technology and Finance teams to ensure that manufacturing transactions are accurately recorded, allocated, analysed and reported.Key AccountabilitiesManage product, production, process, maintenance, subcontracting, and inventory costing activities to ensure accurate cost allocation and reporting.Review purchase orders, material costs, landed costs, inventory movements, and budget consumption; investigate significant pricing and quantity variances.Monitor production orders, material usage, labor, yield, waste, scrap, rework, and overhead costs; identify root causes and recommend corrective actions.Review maintenance and subcontracting costs, material consumption, stock balances, and order settlements to ensure accurate accounting and timely closure.Oversee inventory valuation, provisions, physical counts, stock transfers, slow-moving/obsolete inventory, and inventory reconciliations.Coordinate standard costing cycles, including BOMs, routings, production versions, costing runs, cost roll-ups, and standard cost updates in SAP.Lead costing activities during month-end close, including cost allocations, activity rates, order settlement, variance analysis, journal entries, and reconciliation of costing, inventory, and GL balances.Support annual budgeting, forecasting, cost baselines, expenditure monitoring, and analysis of budget-to-actual variances.Prepare new product cost estimates and provide cost analysis to support pricing, profitability, make-or-buy, and investment decisions.Develop costing reports, dashboards, and management analyses; ensure data accuracy and support SAP and finance-system improvements.Support internal and external audits and ensure compliance with accounting policies, internal controls, procedures, and approval requirements.Identify cost-reduction and process-improvement opportunities and provide financial insights to Production, Procurement, Supply Chain, Maintenance, and other business functions.Provide technical guidance, coaching, and work review for Costing team members and ensure timely completion of assigned activities.What We're Looking ForBachelor's degree in Accounting, Finance, Cost Accounting or a related discipline.Professional certification such as CMA, CPA, ACCA, SOCPA or an equivalent accounting qualification.Training or certification in SAP Controlling, Material Management or Production Planning.Relevant experience in cost accounting, manufacturing accounting, inventory control or financial analysis.What Sets Us ApartCareer Growth & Learning: Structured training, mentorship, and cross-functional development opportunities.Meaningful Work: Contribute to initiatives supporting food security, sustainability, and digital transformation.Inclusive Culture: Work in a collaborative environment where ideas are valued, teamwork thrives, and a positive culture inspires success.Compensation & Benefits: Competitive salary, comprehensive medical and life insurance, health benefits, and programs that support work-life balance.Innovation & Impact: Access to advanced technology, process automation, and modern operations that drive operational excellence.
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🎯 Overalli74%
⚡ Skillsi85%
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Ontology Match: 85.0
Matched:✓ Requirements Matching✓ Ontology Skills Mapping
📜 Eligibilityi49%
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Local: 19600%
🏗️ Career Fiti91%
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Seniority: 91.0
📋 Requirementsi67%
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Domain: 67.0
🔥 Motivationi78%
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Title Fit: 78.00