Cost Analyst

Bachelor of Business Administration(Management)

Nationality

Any Nationality

Vacancy

1 Vacancy

Job Description

Cost Analyst

POSITION SNAPSHOT

Location: Jeddah, Kingdom of Saudi Arabia
Company: Nestl Saudi Manufacturing
Full-Time Contract

Reports to: Factory Controller

POSITION SUMMARY

Joining Nestl means you are joining the largest Food and Beverage Company in the world. At our very core, we are a human environment - passionate people driven by the purpose of enhancing the quality of life and contributing to a healthier future. A Nestle career empowers you to make an impact locally and globally, as you are provided with the opportunity to make a mark and stand out, if you seek it. With Nestle, you are enabled and encouraged to grow not only as professionals, but also as people.

We are looking for a Cost Analyst who will 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

Focus of this role is to:

• Cost Savings Initiatives & Continuous Improvement: Actively seek and support cost improvement opportunities, contribute to improvement projects.
• Analysis: Review and investigate daily, weekly, and monthly variances. Ensure data accuracy through regular health checks and follow up with stakeholders to correct errors. Discuss issues with the operations department as needed.
• Reporting and Analytics : Validate factory reporting of monthly actuals, ensuring transparency. Review and validate period end and year end close reports, following Nestl financial policies and Accounting Standards and Costing Standards are followed.
• A DAY IN THE LIFE

Functional Responsibilities

• Provide financial information to the factory management team.
• Interact with various areas of factory operations, including production, engineering, maintenance, quality, supply chain, human resources, and applications group.
• Collaborate with the management team and factory manager.
• Work closely with Business Controllers, Head Office technical team, Nestle Business Services, Market Audit Team, Head Office Decision Support, Factory Purchasing, Head Office Purchasing, Head Office Costing, Head Office Accounting, and Factor Production/ Engineering/ HR/ Application Group departments.

What will make you successful

• Bachelor's Degree in Accounting, Finance, Business or related field
• 2+ years of experience in cost accounting, general accounting, and/or inventory control in a manufacturing, industrial, or supply chain
• Good communication skills in English (both verbally and written);
• Strong organizational and planning skills.

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