Costing Finance Manager

Job description / Role

We are working with a manufacturing company in Jebel Ali.

Areas of responsibility include:
• Inventory
• Product costing and pricing
• Planning and Budgeting
• Financial analysis
• CAPEX evaluation and follow up

Main Duties
• Work closely with plant and operations personnel in order to understand the various aspects of the operation and the impact on financial performance.
• Prepare, interpret and review all Production manufacturing, Logistics and Ops Admin operating expense and variances, inventory and capital expenditures.
• Accountable for the utilization and maintenance of a standard cost system to provide accurate costs to value inventories and cost of sales.
• Prepares profitability analysis and evaluates new products including pricing relative to the market as well as setting up appropriate mark-ups
• Analysis and reporting of actual results for month, quarterly, annual and trending versus prior year and budget.
• Prepare and analyze metrics providing meaningful and actionable commentary.
• Sets up effective control systems where needed in coordination with the CFO.
• Preparation, review and local approval of all capital project activities. Payback, ROI and IRR analysis as appropriate. Assists with capital budget and project tracking of actual versus requested capital.
• Track and analyze inventory levels on monthly basis; Responsible for reporting inventory balances at month end, review reconciliations and necessary inventory provisions per policy. Plant inventory forecasts will also be required for the forecast and Budget process.
• Prepares budget from preparing files to collect data, collecting data, computation, consolidation, verification and preparation of Budget MIS.
• Assist CFO with preparing materials and presentation for the BOD.
• Special Projects – Work on special projects as directed by Finance and operations. Projects will generally focus on creation and maintenance of internal control structure, continuous process improvement and efficient and effective operation of all financial activities

Salary:
AED 20,000 to 22,000 per month inclusive of fixed allowances.

Requirements

• Degree in Finance
• Chartered Accountant
• Minimum 5+ years of progressive Cost Accounting experience and management reporting in a production / manufacturing /factory environment
• Experience of working in a manufacturing environment and standard cost systems
• Business acumen capability, strong communication and interpersonal skills
• Strong computer skills – complex Excel spreadsheets & ERP experience

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About the Company

Inspire Selection is an award winning recruitment agency, headquartered in Dubai which recruits across the Middle East region. We employ highly knowledgeable, professional consultants who are experts in connecting the right people with the right opportunities. Our reputation has been built upon our honesty, integrity and our ability to source candidates of the highest calibre right across our specialist sectors. As a result, we are recruitment partners to a wide spectrum of organisations - from leading blue chip companies to smaller, local businesses. Sectors we cover include HR, Administration, Finance & Accounting, Legal, Sales & Marketing including Digital Marketing, IT, Oil/Gas/Energy, Engineering, Procurement, Manufacturing, Higher Education.