Cost Accounting Manager

Posted 23 Days Ago
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al-Qahirah, EGY
In-Office
Senior level
eCommerce • Retail • Software
The Role
The Cost Accounting Manager leads cost accounting activities, overseeing budgeting, variance analysis, cost control, inventory management, and financial reporting to enhance profitability.
Summary Generated by Built In

Cost Accounting Manager

The Cost Accounting Manager at BTECH is responsible for leading cost accounting activities and providing financial insights that support business performance and strategic decision-making. This role oversees budgeting, variance analysis, cost control, inventory management, working capital optimization, and financial reporting while partnering with cross-functional teams to enhance profitability and operational efficiency.

Responsibilities
  • Lead and manage all cost accounting activities to ensure accurate cost measurement and reporting.
  • Participate in the preparation of annual budgets, forecasts, and financial plans.
  • Monitor actual performance against budgets and provide detailed variance analysis with actionable recommendations.
  • Oversee inventory costing processes and ensure accurate valuation of inventory and cost of goods sold.
  • Develop and maintain cost control systems to improve operational efficiency and profitability.
  • Prepare and present financial reports, dashboards, and management presentations with clear business insights.
  • Partner with Sales, Procurement, Supply Chain, and Operations teams to support pricing strategies and margin improvement initiatives.
  • Monitor and optimize working capital performance across inventory, receivables, and payables.
  • Improve inventory turnover and stock management practices.
  • Support initiatives to reduce Days Sales Outstanding (DSO) and improve receivables collection.
  • Manage supplier payment terms and optimize Days Payable Outstanding (DPO).
  • Monitor and improve the cash conversion cycle to enhance cash flow performance.
  • Ensure compliance with accounting standards, internal controls, and company policies.
  • Drive process improvements, automation initiatives, and best practices within the finance function.
Qualifications & Skills
  • Bachelor's degree in Accounting, Finance, or a related field.
  • Strong experience in Cost Accounting, Financial Analysis, and Budgeting.
  • Proven expertise in variance analysis and financial performance management.
  • Strong understanding of inventory management, working capital, receivables, payables, and cash flow optimization.
  • Advanced proficiency in Microsoft Excel and ERP systems.
  • Excellent reporting, presentation, and stakeholder management skills.
  • Strong analytical, problem-solving, and financial modeling capabilities.
  • Ability to work cross-functionally and influence business decisions through financial insights.

Requirements
  • Bachelor’s degree in Accounting, Finance, or a related field.
  • Minimum 5 years of experience in cost accounting, preferably in manufacturing or production settings.
  • Strong knowledge of cost accounting principles and practices.
  • Experience with ERP systems such as SAP, Oracle, or equivalent.
  • Proficiency in Microsoft Excel and familiarity with reporting tools (e.g., Power BI).
  • Analytical mindset with excellent problem-solving skills.
  • Effective communication and leadership capabilities.
  • Professional certification (CMA, CPA) is preferred.

Benefits

Discover the benefits of joining B.TECH: More than just a job

  • Comprehensive health.
  • Professional development and training opportunities for advancement and career growth.
  • Employee discounts
  • High performance and rewarding culture.

Skills Required

  • Bachelor's degree in Accounting, Finance, or a related field
  • Minimum 5 years of experience in cost accounting, preferably in manufacturing or production settings
  • Strong knowledge of cost accounting principles and practices
  • Experience with ERP systems such as SAP, Oracle, or equivalent
  • Proficiency in Microsoft Excel and familiarity with reporting tools (e.g., Power BI)
  • Professional certification (CMA, CPA) is preferred
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The Company
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