Location: Cairo, Egypt

Bachelor of Business/Finance

Position Summary:

Provide support and expertise in the area of cost/costing analysis.  Undertake complex and critical research, interpret the results of analysis and provide alternatives / recommendations for further consideration. 

A DAY IN THE LIFE …

Cost Savings Initiatives & Continuous Improvement

• Seek and support cost improvement opportunities, be an active contributor to improvement projects and initiatives. 
• Participate in project teams to ensure validation, review and proposed savings are accurately tracked. 
• Involved in daily activities associated with NCE in the factory environment and participation in NCE Pillar meetings.

Reporting and Analytics   

• Review and validate factory reporting of monthly actuals, including providing this data for factory operations meetings to ensure transparency of information. 
• Review and validate period end and year end close reports for the factory ensuring Nestlé financial policies, Accounting Standards and Costing Standards are followed.
• Review daily, weekly and monthly variances; analyze and investigate background. 
• Ensure data accuracy with regular health checks; follow up with stakeholders to ensure correction of errors.  Discuss issues with the operations department as necessary.

Strategic Evaluations

• Perform financial/Cost simulations, product costing & estimates and CAPEX evaluations as required ensuring full transparency of costs.

Business Planning & Process 

• Coordinate and provide input for budgeting, planning, and for the dynamic forecast.  Active participation in Standard Cost Budget, Revision and Replacement Cost calculations.  Ad hoc cost analysis for the needs of the business/factory/functional controllers.
• Fixed Assets - support E2E Project Team to control and track AUC , WBS , invoices posting and Depreciation forecast
• Ensuring all processes and analysis relating to costing master data, actual activities for Period End Close, and quarterly transfer price are completed accurately and on time, first time right.

Internal Controls / Compliance

• Follow costing guidelines and associate standard operating procedures when generating financial documents and performing daily activities. 
• Perform routine audit activities within the factory, in line with best practices, to ensure compliance in critical areas eg) stock taking. Appropriately escalate business risks.

Knowledge Transfer 

• Prepare and publish financial KPI data on a regular basis; perform analysis of KPI data and transfer this knowledge of the key figures to the relevant stakeholders in order to promote understanding.  Perform accounting and costing knowledge transfer to shop floor and production supervisors.

ARE YOU A FIT?

• University Degree in Business/Finance
• 4+ years of experience
• Prior experience in Accounting or Costing, ideally within a factory or supply chain
• Experience working with SAP is a plus
• Experience in Microsoft Office Tools