Cost Control Manager

Job Title: Cost Control Manager – Food Manufacturing Location: Riyadh, Saudi Arabia Industry: Food Manufacturing / Bakery / Pastry / FMCG Job Summary We are seeking an experienced Cost Control Manager to lead and strengthen the costing function for a food manufacturing operation specializing in bakery, pastry, sweets, and related products. The role will be responsible for establishing accurate product costing, monitoring production costs, analyzing variances, controlling inventory-related costs, and identifying opportunities to improve margins and operational efficiency. The ideal candidate must have strong hands-on experience in manufacturing cost accounting, preferably within the food, bakery, pastry, confectionery, or FMCG industry. Key Responsibilities • Lead the factory’s cost control and product-costing activities. • Develop and maintain accurate standard costs for raw materials, labor, packaging, and manufacturing overheads. • Calculate and review product costs using recipes, Bills of Materials (BOM), production yields, and routing data. • Monitor actual production costs against standard and budgeted costs. • Analyze material, labor, overhead, purchase-price, usage, yield, and production variances. • Review food costs, wastage, spoilage, production losses, and consumption patterns. • Monitor inventory valuation and reconcile raw materials, work in progress, finished goods, and packaging materials. • Ensure accurate allocation of direct and indirect manufacturing costs. • Analyze product, category, customer, and channel profitability. • Identify cost-saving opportunities without compromising product quality or operational standards. • Support pricing decisions through accurate cost and margin analysis. • Partner closely with Production, Supply Chain, Procurement, Warehouse, Sales, and Finance teams. • Participate in physical inventory counts and investigate stock and consumption discrepancies. • Prepare monthly cost reports, dashboards, forecasts, and management presentations. • Support budgeting, forecasting, month-end closing, and management reporting. • Improve costing policies, internal controls, reporting tools, and ERP costing processes. • Provide management with clear recommendations to improve margins and factory performance. Qualifications and Experience • Bachelor’s degree in Accounting, Finance, or a related field. • Professional certification such as CMA, CPA, ACCA, or SOCPA is an advantage. • Minimum 7 years of relevant experience, including strong experience in manufacturing costing or cost control. • Proven experience in a factory or production environment is essential. • Experience within food manufacturing, industrial bakery, pastry, confectionery, or FMCG is strongly preferred. • Strong knowledge of standard costing, BOM costing, inventory valuation, variance analysis, and manufacturing overhead allocation. • Advanced proficiency in Microsoft Excel and ERP systems. • Experience with SAP, Oracle, Microsoft Dynamics, Odoo, or similar systems is preferred. • Strong analytical, problem-solving, and business-partnering skills. • Ability to communicate financial insights clearly to operational and senior management teams. Key Competencies • Manufacturing Cost Accounting • Product and Recipe Costing • Standard Costing • BOM and Yield Analysis • Inventory Valuation • Production Variance Analysis • Food Cost and Waste Control • Margin and Profitability Analysis • Budgeting and Forecasting • ERP Costing and Reporting • Cross-functional Business Partnering Show more Show less