Cost Accounting Manager

Job Description:

We are seeking an experienced project cost manager who will be for managing the cost accounting function related to the projects carried out by the group. They play a crucial role in analyzing and controlling costs, ensuring accurate cost allocation, and providing financial insights to support decision-making. The Cost Accounting Manager will work closely with cross-functional teams to optimize costs, improve operational efficiency, and maximize profitability.

Key Responsibilities:

Cost Analysis and Reporting:

• Analyze and monitor product costs, manufacturing expenses, and overhead costs.
• Conduct cost variance analysis to identify and explain cost discrepancies.
• Prepare regular cost reports and provide insights on cost trends and performance.
• Collaborate with other departments to gather cost-related data and validate accuracy.
  
  
  

Cost Allocation and Pricing:

• Develop and implement cost allocation methodologies for products and services.
• Determine appropriate pricing strategies based on cost analysis and market factors.
• Collaborate with sales and marketing teams to establish pricing structures and evaluate profitability.
  
  
  

Inventory Management:

• Oversee inventory costing and valuation processes.
• Ensure accurate recording of inventory transactions and maintain appropriate inventory levels.
• Perform periodic inventory reconciliations and coordinate physical inventory counts.
• Analyze inventory turnover and identify opportunities for cost reduction and process improvement.
  
  
  

Cost Control and Optimization:

• Identify cost-saving opportunities and recommend strategies to reduce expenses.
• Collaborate with operations and procurement teams to optimize material costs and supplier relationships.
• Implement cost control measures and monitor their effectiveness.
• Conduct cost-benefit analyses for process improvements and capital investments.
  
  
  

Budgeting and Forecasting:

• Prepare cost budgets and forecasts in collaboration with finance and operational teams.
• Monitor and analyze actual costs against budgeted amounts.
• Provide insights on cost implications for budget variances and assist in budget revisions.
  
  
  

Compliance and Internal Controls:

• Ensure compliance with accounting standards and cost accounting principles.
• Develop and maintain robust internal controls related to cost accounting processes.
• Support internal and external audits by providing accurate and timely cost-related information.
  
  
  

Qualifications:

• Bachelor's degree in finance, accounting or related field required.
• (*) PQE as a a cost accounting manager in the renewable energy field or any related fields.
• Proficiency in Arabic and English.
• Strong understanding of the industry and its unique financial requirements.
• Excellent leadership and communication skills.
• Proficiency in financial systems and software (i.e ERP systems, financial modeling tool, excel).
• Knowledge of governmental, fiscal and local laws and regulations.
• Strong problem-solving, attention to details and decision-making skills.
• Ability to manage multiple priorities and meet deadlines.
  
  
  

Work Conditions & Job Benefits:

• Working Hours: 09:00 AM to 05:00 PM
• Working Days: 5 Working Days
• Days off: 2 Days Off
• Social and Medical Insurance
• Location: Abo El Feda, El Zamalek.