Financial Planning and costing Manager

Methode Electronics · Cairo, Egypt · Posted 2026-06-02

Job Title: Financial Planning and Costing ManagerCompany: Methode Electronics EgyptLocation: Nasr city, cairo, Egypt (on-site)About us: Methode Electronics, Inc. (NYSE: MEI) is a leading global supplier of custom-engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. We design, engineer, and produce mechatronic products for OEMs utilizing our broad range of technologies for user interface, LED lighting system, power distribution and sensor applications. Our solutions are found in the end markets of transportation (including automotive, commercial vehicle, e-bike, aerospace, bus, and rail), cloud computing infrastructure, construction equipment, and consumer appliance. Our business is managed on a segment basis, with those segments being Automotive, Industrial, and Interface.Job SummaryThe Financial Planning and Costing Manager is responsible for leading financial planning, budgeting, forecasting, cost accounting, and performance analysis activities. This role provides strategic financial insights to support decision-making, drive profitability, enhance cost control, and improve operational efficiency across the organization. The position works closely with operations, supply chain, manufacturing, and senior management to ensure accurate financial planning and effective cost management.Key ResponsibilitiesLead the annual budgeting process, rolling forecasts, and long-term financial planning activities.Develop and maintain financial models to support business planning and strategic initiatives.Oversee product costing, standard costing, cost roll-ups, and cost accounting processes.Analyze manufacturing costs, labor efficiency, material variances, and overhead absorption.Monitor actual performance against budgets and forecasts, providing detailed variance analysis and recommendations.Partner with operations and supply chain teams to identify cost reduction and productivity improvement opportunities.Prepare monthly management reports, KPIs, and financial performance dashboards.Support pricing decisions through profitability and margin analysis.Ensure accuracy and integrity of cost data within ERP/MRP systems.Drive continuous improvement in financial planning, reporting, and costing processes.Support month-end closing activities related to inventory valuation, cost accounting, and financial analysis.Collaborate with internal and external auditors on costing and inventory-related requirements.Lead, coach, and develop finance analysts and costing specialists.Minimum Job RequirementsBachelor's degree in finance, Accounting, Economics, or Business Administration.CPA, CMA, ACCA, or equivalent professional certification preferred.10+ years of finance experience, including at least 5 years in financial planning, costing, or manufacturing finance.Strong knowledge of budgeting, forecasting, financial modeling, and cost accounting principles.Extensive experience in manufacturing environments and operational finance.Advanced analytical and problem-solving skills with strong attention to detail.Proficiency in ERP/MRP systems (SAP, Oracle, or similar) and advanced Microsoft Excel skills.Experience with Power BI or other business intelligence tools preferred.Strong communication and stakeholder management skills.Ability to translate financial data into actionable business insights.Fluency in English (spoken and written).

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