Associate Manager-Costing.Finance-Oils&Fats(KSA) Associate Manager-Costing.Finance-Oils&Fats(KSA) Saudi Arabia 26 Aug 2026
Iffco
Title: Associate Manager-Costing.Finance-Oils&Fats(KSA)
Description:
Job Summary
This position is responsible for costing related Finance & Accounting activities
Roles & Responsibilities
- Developing monthly MIS reports for measuring the Product/Customer/Territory level product margins, aiding pricing related decision making
- Updating cost on a daily basis in ERP to ensure best estimation of Gross Margin in Qlikview
- Running the entire Cost Transactions to check journal entries being generated, in order to identify errors in accounting, missing product characteristics, etc.
- Providing yield/usage analysis and Dept. wise comparison of budget vs actual
- Reviewing the absorption rates on a regular basis to correct the same to Actuals
- Reviewing the manufacturing efficiencies and reporting on operating processes & efficiencies
- Reporting on departmental expenses on a monthly basis compared with the Plans, including manpower and supply chain
- Supporting the Head-Factory and Head-Finance in the preparation of Capital Proposals
- Controlling the cycle count processing after due verification and approvals
- Working with the BU Finance in the preparation of the Annual Business Plan
KPIs
- Timely updating of standard cost master and overhead absorption rates
- Timely preparation of FOH budget and Monthly GC reports
- Accuracy in inventory control and reporting
- On time and accurate reporting of all analyses as per job responsibilities
Work Experience Requirement
5+ years of relevant experience from FMCG companies, or CA/ICWA with 2-3 years of experience
Qualification
- Financial Quliafication
- Masters/PG Diploma (Finance)
Competencies
Project Costing
Controlling costs
Costing Management
Inventory management
Documentation and Reporting
Communicating effectively
Self and Team Management
Planning & Decision Making
Customer Centricity
Ownership & Result Orientation
Business Unit: DELMON Products Ltd. (2230)
Business Group: Oils&Fats (2209)
Vacancy posted 2 days ago
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