Senior Specialist Cost Accountant (Remote)

Job description / Role

Job Description

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Raya Foods; one of Raya’s subsidiaries, is hiring a Senior specialist costing .

What will you do:
– Perform month end close activities related to Cost Accounting.
– Prepares estimates of new and proposed product cost.
– Participate in stock counting process.
– Conduct Monthly Reports for Inventory ex. (Ending inventory, physical count, requested goods.
– Manage purchasing Prices for incoming raw material, equipment, services, and supplies.
– Ensure that all production costs are properly taken in the cost of sales and inventory costs.
– Analyzing the overhead costs and variable costs of the company to ensure smooth accountancy.
– Commit to maximizing efficiency at all levels without compromising quality.
– Review standard and actual costs for inaccuracies and analysing the variances.
– Validate the cost of goods sold as part of the month-end close.
– Analyze overhead and variable costs to identify trends, variances, and opportunities for cost savings.
– Regularly review and compare standard costs versus actual costs, investigating any discrepancies and reporting on variances.
– Work with management to implement cost-saving initiatives and process improvements without compromising product quality or operational efficiency.
– Ensure all costs are accurately included in the cost of sales and inventory valuations.
– Generate monthly reports on cost accounting activities, including inventory reports, cost breakdowns, and variance analyses.
– Provide recommendations based on cost analysis to support decision-making processes across departments.
– Ensure adherence to accounting principles, internal controls, and company policies.

– Bachelor’s degree (B.A.) in Accounting, Finance, Business Administration or any related discipline.

Skills:
– Result Orientation.
– Operational Awareness.
– Building Networks.
– Coaching & Mentoring.
– Customer Centricity.

Technical Skills:
– Hands-on experience with accounting software.
– Excellent knowledge of Oracle system.
– FMCG Experience is preferable (Food & Beverage).

About the Company

Raya Holding for Financial Investments, a leading investment conglomerate, established in 1999 in Egypt with a vision to be a market leader and to grow into a solid financial conglomerate with multifaceted operations.

Headquarter located in Cairo, Egypt; Raya Holding is managing a diversified investment portfolio of 13 lines of business in the various industries of e-payment, information technology, contact center, smart buildings, consumer electronics, food and beverage, land transport, PET remanufacturing, automotive, FMCG and home appliances

Raya Holding is listed in the Egyptian Exchange (EGX) since 2005, while the company empowers more than 12,000 proficient employees, accommodating to a wide international customer base from offices based in Egypt, Saudi Arabia, UAE, Qatar, Poland, Nigeria and Tanzania.

Raya’s Lines of Business include; Aman for e-payments, Aman for Financial Services, BariQ, Ostool, Raya Contact Center, Raya Foods, Raya Information Technology, Raya Food Trading, Raya Restaurants, Raya Smart Buildings, Raya Trade, Raya Auto and Haier – Raya Electric.