Cost Controller

1 week ago

Riyadh, Ar Riyāḑ, Saudi Arabia PlaceUp Full time 40,000 - 80,000 per year


Role Overview

We are seeking a detail-oriented and analytical Cost Controller to manage cost accounting, budgeting, and variance analysis across our FMCG operations. The ideal candidate will have a strong understanding of production costing, supply chain finance, and margin analysis to support management in decision-making and cost optimization.

Responsibilities

  • Monitor, analyze, and control production and operational costs across manufacturing and distribution functions
  • Develop and maintain standard cost models for raw materials, packaging, labor, and overheads
  • Prepare detailed cost variance reports (actual vs. budget) and identify root causes of deviations
  • Collaborate with procurement, supply chain, and production teams to ensure accurate costing data
  • Support monthly, quarterly, and annual financial closing processes with accurate cost data and accruals
  • Evaluate new product costing and provide input during pricing and product development stages
  • Review and analyze manufacturing efficiency, waste levels, and yield reports
  • Maintain cost allocation processes and ensure consistency across departments
  • Assist in budgeting and forecasting by providing reliable cost projections
  • Ensure compliance with internal financial controls, audit requirements, and company policies

Requirements

  • Bachelors degree in Accounting, Finance, or related field (CMA or ACCA preferred)
  • years of experience in cost control or management accounting, preferably within the FMCG sector
  • Strong understanding of manufacturing cost structures, bill of materials, and standard costing
  • Proficiency in ERP systems (SAP, Oracle, or equivalent) and advanced Excel skills
  • Analytical mindset with excellent attention to detail
  • Strong communication and cross-functional collaboration skills
  • Experience with budgeting, forecasting, and variance analysis in a fast-paced environment

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