Cost Control Supervisor

Our client is leading manufacturing holding based in Jeddah, Saudi Arabia. They are seeking to appoint qualified cost supervisor who will be responsible for performing cost analyses and preparing budget reports using SAP S/4HANA software.

• The role involves extensive use of SAP's advanced analytics and database systems to track and control costs, optimize profitability, and make strategic financial decisions.
• Reporting to the CFO, the job holder shall be responsible for providing guidance and assistance to various cost canters to plan and generate the required data to design and operate an appropriate costing system.
• Record cost information for use in controlling expenditures and help establish cost standards for products and services.
• Evaluate the Bill of Material (BOM) for each product.
• Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
• Review and evaluate routing for each product.
• Make settlement of production orders on timely basis to calculate the actual variance.
• Provide management with detailed reports for use in making business decisions and controlling expenditures.
• Calculate revised activity rates as per the new budget and forecasts.
• Evaluate the cost of sales and the Gross profit every month for each product line.
• Prepare customer profitability, order profitability, and product profitability.
• Assist in audits and general ledger preparation by analyzing and reconciling accounts.
• Collaborate with various departments to accumulate cost data and prepare budgetary plans.
• Analyze changes in product design, raw materials, manufacturing methods, or services provided to determine effects on costs.
• Recommend cost efficiencies and initiate corrective actions to resolve cost discrepancies.
• Assist with monthly and year-end close processes, ensuring compliance with accounting standards.
• Develop and maintain internal control documentation for cost accounting procedures.
• Create and review cost records and entries, including cost allocation, overhead, and inventory valuation

Requirements: