Title:  Specialist, Costing - Group

JOB PURPOSE 

- Monitor and review the monthly closing activities of all entities, including the accounting treatment of gross profit, analysis of production and cost variances, and preparation of summary reports. Highlight any abnormal cases or values.

- Prepare the calculation of product gross profit margins across the Group and compare them with last year and other relevant periods, including standard vs. actual cost analysis.

- Provide the Group with consolidated cost data for each budgeting and forecasting cycle.

- Update monthly reporting templates (Power BI) by extracting raw data from various systems and reports and generating preliminary results.

- Develop new report and dashboard models (Power BI) and update existing dashboards as required.

- Review PURP solution results monthly to ensure the accuracy of Hikma Group’s financial statements.

- Prepare and calculate group-level product costing and profitability and contribute to the consolidation of Hikma Group’s financial results, including monthly analytical reporting. 

KEY ACCOUNTABILITIES 

• Monitor, analyze, and review entities’ monthly closing activities, including the accounting treatment of COGS and gross profit. Analyze production and cost variances, underapplied overhead, and coordinate with entities on annual standard overhead rate calculations and other costing-related tasks.
• Validate and review the PURP solution results each month-end and submit the finalized outcomes.
• Collaborate with planning teams across all sites to compute and maintain consolidated standard cost data for budgeting and forecasting cycles.
• Update monthly report templates (Power BI) by extracting raw data from various systems and reports and generate preliminary results.
• Design and prepare new Power BI dashboards and report models, and update existing dashboards as needed.
• Perform costing audits for entities as required.
• Conduct cost and profitability calculations and analysis for Hikma products at group level.
• Monthly to check consolidated results up to gross profit including preparation and analytical review.
• Prepare consolidated product cost calculations as needed.
• Support entities and the IT–SAP team by providing guidance and system support for projects or issues related to SAP – Costing and the FIEX financial control modules.
• Perform any additional tasks assigned as part of daily operations.

QUALIFICATIONS, EXPERIENCE, & SKILLS 

QUALIFICATIONS

• Minimum: Bachelor’s degree in Business with concentration in Finance or Accounting related fields.
• Preferred: Preferably a CMA/CPA holder.

EXPERIENCE

• Minimum: 2-5 years of experience in costing and financial reporting fields, intermediate technical SAP experience for a manufacturing company.
• Preferred: Experience with Excel Power Query or Power BI or similar system is highly valuated.

SKILLS

•   Strong analytical, financial modelling, and reporting skills (Advanced user of Excel).
• Ability to develop strategic relationships with business partners and feel comfortable handling large volumes of complex data and presenting findings to senior management
• Professional verbal and written communication with an ability to work effectively and cross-functionally with all levels of the organization in both finance and operations.
• Ability to digest large quantities of data to build financial and management reports combined with strong attention to detail.
• Demonstrated ability to handle sensitive and confidential information.