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 analyzing 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.
Job Requirements
Bachelor’s degree in Finance, Accounting, or a related field
Personal 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).
As a distinguished investment company with a robust international footprint, Raya Holding has experienced remarkable growth driven by a resilient business model.
We strategically capitalize on high-growth sectors, positioning ourselves at the forefront of economic advancement.
Publicly listed on the Egyptian Exchange (EGX) since 2005.
We have expanded our presence to key markets including Saudi Arabia, UAE, Bahrain, Poland, Nigeria, and Tanzania.
Our global customer base is supported by over 18,000 highly skilled employees who are integral to our success.
Raya Holding operates through a diversified portfolio of 11 companies, strategically positioned across high-growth sectors of the regional economy. Our investment portfolio is segmented into:
Technology & Infrastructure: Raya Information Technology
Retail & Distribution: Raya Trade, Raya FMCG
Business Process Outsourcing: Raya Customer Experience (RCX)
Fintech: Aman Holding
Manufacturing: Raya Auto, Raya Electric, Raya Foods,
Hospitality: Raya Smart Buildings