Costing Supervisor

1. JOB PURPOSE:

To oversee and manage the costing activities, ensure accurate cost analysis, monitor cost control processes, and support management with financial insights to improve profitability and operational efficiency.

2. ROLE AND RESPONSIBILITIES:

• Supervise and review product or project costing and ensure accuracy of cost calculations.
• Monitor cost allocation and ensure proper recording of direct and indirect costs.
• Analyze cost variances and identify reasons for deviations from budget or standard costs.
• Prepare periodic cost reports and provide recommendations to management.
• Support budgeting and forecasting activities related to operational and production costs.
• Coordinate with procurement, finance, and operations teams to ensure accurate cost data.
• Review supplier costs, material costs, and labor costs to identify cost-saving opportunities.
• Ensure compliance with company policies and financial procedures.
• Assist in improving costing systems and cost control processes.
• Supervise and guide the costing team to ensure efficiency and accuracy.

3. QUALIFICATIONS AND EDUCATION REQUIREMENTS:

Education:

• Bachelor’s degree in Accounting, Finance, or related field.
• Professional certification (such as CPA, CMA, or ACCA) is a plus.

Experience:

• 7–8 years of experience in costing, accounting, or financial analysis.

Languages:

• Proficiency in Arabic and English.

4. PREFERRED SKILLS AND COMPENETNICES:

• Strong analytical and financial analysis skills.
• Advanced knowledge of cost accounting principles.
• Proficiency in Excel and ERP (Oracle Fusion) systems.
• Strong attention to detail and problem-solving abilities.
• Good communication and team supervision skills.
• Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports.