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Associate Manager - Costing

2.00 to 5.00 Years   Yanbu, Saudi Arabia   28 Oct, 2021
Job LocationYanbu, Saudi Arabia
EducationMaster's degree
SalaryNot Mentioned
IndustryFMCG
Functional AreaNot Mentioned

Job Description

Key Responsibilities:

  • Understand, reflect & practice IFFCO?s vision & values.
  • Risk Management of non B2B Palm Oil and enabling pricing decisions.
  • B2B profitability reporting
  • Full usage of Just Commodity Software including online tracking of trades
  • Oil Position reporting highlighting exceptions
  • Standard Costing Folder for sales team to enable pricing decision
  • Drive Budgeting exercise including Sales, COGS, Factory Overheads, Net margin?& Net profit
  • Accurate month end OPM and EAM Closing
  • Monitoring Secondary realization with Transfer pricing for IFFCO1, DPL, Inter Co & Food Services
  • Management Reporting & supporting Factory Head in day to day decisions including Capacity Utilization, Mass Balancing, Inventory Norms, Production, Buying Efficiency, Process Cost, FOH
  • Enabling SKU Rationalization
  • Inventory Ageing and Inventory holding Norms with a view of minimizing holding cost
  • Periodic Inventory verification; and involvement in Cycle Count as per SOP
  • NPD and New Product Costing
  • Drive Cost saving & efficiency improvement
  • Validation of Capex proposal and monitoring

Keyskills :

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