Senior Cost Accountant - Manufacturing Sector

Department:

Finance/Costing and Budgeting

Job Location:

"Kasrawy for the Automobile Industry" Industrial Zone October, Giza, Egypt

For interested candidates, kindly send your CV to: [email protected]

Mention the job title in the subject.

Job Objective:

To oversee the cost accounting function for automotive assembly operations. This includes maintaining accurate standard costs, analyzing manufacturing variances, managing inventory valuation for CKD/SKD kits, and providing management with detailed reports on production profitability and cost-saving opportunities.

Key Responsibilities:

• Cost Development: Establish and maintain standard costs for all vehicle models, including direct materials (kits), direct labor, and manufacturing overheads.
• Landed Cost Analysis: Calculate the total landed cost of imported kits (CKD/SKD/KD), incorporating freight, insurance, customs duties, and local logistics.
• Variance Analysis: Conduct monthly analysis of Price Variances and Efficiency Variances (Material usage, Labor hours). Investigate root causes for deviations from the budget.
• Inventory Control: Lead periodic physical inventory counts and reconcile book-to-physical balances for raw materials, Work-in-Process (WIP), and finished goods.
• BOM Auditing: Collaborate with the Engineering/MRP teams to ensure the Bill of Materials (BOM) reflects actual production consumption and costs.
• Overhead Allocation: Develop and refine methods for allocating indirect manufacturing costs to specific production lines or models.
• Financial Reporting: Prepare Gross Margin reports by model/brand and support the month-end closing process.

Qualifications & Requirements:

Education: Bachelor's degree in Accounting or Finance. Professional certification (CMA - Certified Management Accountant) is highly preferred.

Experience: 5–8 years of experience in Cost Accounting, with at least 3 years in a manufacturing environment (Automotive experience is a major plus).

Technical Skills:

• Advanced proficiency in Oracle or similar ERP systems.
• High-level Excel skills (Macros, Power Query, and financial modeling).
• Strong understanding of Egyptian Tax and Customs laws regarding industrial assembly.
• Soft Skills: Exceptional analytical mindset, high integrity, and the ability to explain financial data to non-financial production managers.

Benefits:

Attractive salary.

Monthly Incentive.

Profit share.

Reward in occasions.

Medical and Life insurance.

Transportation.

Mobile allowance.

Training Programs.

Career path.

Kasrawy Group: Driving Excellence Since the 1970s Automotive Leadership As a main dealer for global automotive brands such as NISSAN, AVATR, AITO, Citroën, JETOUR, JAC, GOLDEN DRAGON, and IVECO in Egypt and JETOUR, and SOUEAST in Libya, Kasrawy Group operates an extensive network of over 20 service centres and showrooms across Cairo. Our commitment quality and customer satisfaction set us apart in the industry.

Pioneering Local Production, we proudly lead in local vehicle assembly, achieving over 45% Egyptian Production for GOLDEN DRAGON, JETOUR and JAC vehicles. With an annual production capacity of up to 10,000 vehicles, we are expanding our reach by exporting locally assembled cars beyond Egypt, contributing to the national economy and showcasing Egyptian manufacturing capabilities.

Expanding Horizons in Real Estate Kasrawy Group's influence extends beyond the automotive industry. We own and manage prominent commercial properties in Cairo, including RIVULET Twin Towers Mall El Sheikh Zayed, enhancing urban lifestyles with modern retail and business spaces.

Why Join Kasrawy Group?

- Be part of a dynamic, growth-driven company with a rich history of success.

- Work with leading global brands and innovative local projects.

- Contribute to transformative projects in both the automotive and real estate sectors.

- Grow your career in a supportive, forward-thinking environment.