Cost Control Manager

Company not disclosed

Riyadh, Saudi Arabia
Salary not specified
Posted
Full-time
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Job Description

Job Title: Cost Control Manager – Food Manufacturing Location: Riyadh, Saudi Arabia Industry: Food Manufacturing / Bakery / Pastry / FMCG Job Summary We are seeking an experienced Cost Control Manager to lead and strengthen the costing function for a food manufacturing operation specializing in bakery, pastry, sweets, and related products. The role will be responsible for establishing accurate product costing, monitoring production costs, analyzing variances, controlling inventory-related costs, and identifying opportunities to improve margins and operational efficiency. The ideal candidate must have strong hands-on experience in manufacturing cost accounting, preferably within the food, bakery, pastry, confectionery, or FMCG industry. Key Responsibilities - Lead the factory’s cost control and product-costing activities. - Develop and maintain accurate standard costs for raw materials, labor, packaging, and manufacturing overheads. - Calculate and review product costs using recipes, Bills of Materials (BOM), production yields, and routing data. - Monitor actual production costs against standard and budgeted costs. - Analyze material, labor, overhead, purchase-price, usage, yield, and production variances. - Review food costs, wastage, spoilage, production losses, and consumption patterns. - Monitor inventory valuation and reconcile raw materials, work in progress, finished goods, and packaging materials. - Ensure accurate allocation of direct and indirect manufacturing costs. - Analyze product, category, customer, and channel profitability. - Identify cost-saving opportunities without compromising product quality or operational standards. - Support pricing decisions through accurate cost and margin analysis. - Partner closely with Production, Supply Chain, Procurement, Warehouse, Sales, and Finance teams. - Participate in physical inventory counts and investigate stock and consumption discrepancies. - Prepare monthly cost reports, dashboards, forecasts, and management presentations. - Support budgeting, forecasting, month-end closing, and management reporting. - Improve costing policies, internal controls, reporting tools, and ERP costing processes. - Provide management with clear recommendations to improve margins and factory performance. Qualifications and Experience - Bachelor’s degree in Accounting, Finance, or a related field. - Professional certification such as CMA, CPA, ACCA, or SOCPA is an advantage. - Minimum 7 years of relevant experience, including strong experience in manufacturing costing or cost control. - Proven experience in a factory or production environment is essential. - Experience within food manufacturing, industrial bakery, pastry, confectionery, or FMCG is strongly preferred. - Strong knowledge of standard costing, BOM costing, inventory valuation, variance analysis, and manufacturing overhead allocation. - Advanced proficiency in Microsoft Excel and ERP systems. - Experience with SAP, Oracle, Microsoft Dynamics, Odoo, or similar systems is preferred. - Strong analytical, problem-solving, and business-partnering skills. - Ability to communicate financial insights clearly to operational and senior management teams. Key Competencies - Manufacturing Cost Accounting - Product and Recipe Costing - Standard Costing - BOM and Yield Analysis - Inventory Valuation - Production Variance Analysis - Food Cost and Waste Control - Margin and Profitability Analysis - Budgeting and Forecasting - ERP Costing and Reporting - Cross-functional Business Partnering

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