Top Business Group for Human Resources

FP&A, Budgeting and Costing Senior Manager

Category Finance
Publish Date Monday 23-01-2023
Country Egypt
Gender any
Years Of Experience Over 15 years
Salary Negotiable

A multinational company located in El Sheikh Zayed is hiring a FP&A, Budgeting and Costing Senior Manager position

Job Description:
  • Build/maintain complex financial and decision-making models to evaluate ROI and develop meaningful insights and actionable -recommendations
  • Monitor and analyze actual performance against budgets and forecasts to create and distribute monthly reporting
  • Provides financial guidance to management regarding business opportunities and proposals and partners with them to meet budgeted / forecasted results
  • Support the monthly, quarterly and annual FP&A processes, including planning cycles, budgeting, forecasting, variance analysis and management and Board reporting
  • Prepare monthly and quarterly financial reviews for executive management and the Board of Directors, providing insights into key drivers, as well as risks and opportunities
  • Reviews and analyzes financial results for reasonableness, analyzing variance to forecasts and budgets for business segments and operating expenses.
  • Produce and maintain long- and short-term financial plans
  • Work closely with the Group CFO to drive standardization & simplification throughout, including the use of automated solutions
  • Support senior leadership with ad hoc research and analysis
  • Plan, organize, and direct all the activities of the cost accounting functions
  • Manage day to day operations of the existing cost accounting function from management of current unit costs to monthly close and analysis
  • Development and maintenance of standard costs
  • Perform the monthly closing activities, including preparation of the cost statement along with supporting variance analysis
  • Define policies and procedures for all cost accounting activities
  • Responsible for inventory accounting and reporting
  • Establishing policies and procedures for inventory management and cost analysis
  • Design and coordinate the monthly and quarterly close cycle for inventory and cost accounting.
  • Work with Corporate Accounting to ensure a seamless integration with the departmental close cycle.
  • Manage, coach and inspire the Senior Cost Accountant.
  • Actively participate in month-end close process, including preparation and review activities, as related to inventory balance and activity entries, tie-out adjustments, reporting and reconciliations.
  • Bachelor's Degree in commerce
  • BSc degree in Finance, Accounting
  • 15+ years of Experience in Industrial or manufacturing industries is preferred
  • Very good command of English
  • Excellent in Microsoft Office (Excel, Word, etc.).