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Job Description

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Raya Foods; one of Raya's subsidiaries, is hiring a Senior specialist costing .

What will you do:

• Perform month end close activities related to Cost Accounting.
• Prepares estimates of new and proposed product cost.
• Participate in stock counting process.
• Conduct Monthly Reports for Inventory ex. (Ending inventory, physical count, requested goods.
• Manage purchasing Prices for incoming raw material, equipment, services, and supplies.
• Ensure that all production costs are properly taken in the cost of sales and inventory costs.
• Analyzing the overhead costs and variable costs of the company to ensure smooth accountancy.
• Commit to maximizing efficiency at all levels without compromising quality.
• Review standard and actual costs for inaccuracies and analysing the variances.
• Validate the cost of goods sold as part of the month-end close.
• Analyze overhead and variable costs to identify trends, variances, and opportunities for cost savings.
• Regularly review and compare standard costs versus actual costs, investigating any discrepancies and reporting on variances.
• Work with management to implement cost-saving initiatives and process improvements without compromising product quality or operational efficiency.
• Ensure all costs are accurately included in the cost of sales and inventory valuations.
• Generate monthly reports on cost accounting activities, including inventory reports, cost breakdowns, and variance analyses.
• Provide recommendations based on cost analysis to support decision-making processes across departments.
• Ensure adherence to accounting principles, internal controls, and company policies.

Skills

• Result Orientation.
• Operational Awareness.
• Building Networks.
• Coaching & Mentoring.
• Customer Centricity.

Technical Skills:

• Hands-on experience with accounting software.
• Excellent knowledge of Oracle system.
• FMCG Experience is preferable (Food & Beverage).

Education

Bachelor's degree (B.A.) in Accounting, Finance, Business Administration or any related discipline.