Senior Cost Accountant

Jazeera Paints · Cairo, Egypt · Posted 2026-06-10

Key Responsibilities Prepare and analyze periodic cost reports covering raw materials, direct labor, manufacturing overheads, and finished goods inventory. Maintain standard costing data, including Bills of Materials (BOMs), routings, and cost structures, ensuring timely updates to reflect operational changes. Perform product costing and support accurate cost allocation across raw materials, work-in-progress, and finished goods inventories. Review standard costs against actual production and procurement data, highlighting significant variances and recommending adjustments where necessary. Monitor inventory valuation and support accurate calculation of Cost of Goods Sold (COGS) in accordance with company policies and accounting standards. Analyze material, labor, and overhead variances, investigate root causes, and provide actionable insights to improve cost efficiency. Prepare product-level profitability and margin analysis to support management decision-making. Assist in the preparation of annual budgets, rolling forecasts, and manufacturing cost projections. Partner with Production, Supply Chain, Procurement, and Finance teams to ensure the accuracy of costing assumptions and inventory records. Perform month-end and year-end closing activities related to inventory accounting and manufacturing costs. Prepare schedules, reconciliations, and supporting documentation required for internal and external audits. Monitor inventory provisions, including slow-moving, obsolete, and excess stock, and recommend appropriate accounting treatment. Ensure costing data within the ERP system is accurate, complete, and aligned with operational processes.Handle responsibility of fixed assets accounting and control  Bachelor’s degree in accounting, Finance, or a related field. 2–4 years of experience in Cost Accounting, preferably within a manufacturing environment. Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, or similar. Strong proficiency in Excel and financial analysis. Knowledge of standard costing, inventory accounting, variance analysis, and budgeting processes. Professional certifications (CMA, ACCA, CPA) are an advantage

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