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Posted by

Shikha Khattar

consultant at WowJobs

Last Active: 22 September 2026

Job Views:  
337
Applications:  32
Recruiter Actions:  15

Job Code

1682979

- Analyse production costs including raw materials, labour, equipment usage, and overhead expenses.

- Conduct cost-benefit analyses to identify and recommend cost-saving opportunities.

- Develop and maintain standard costing for all sesame products and production processes.

- Monitor actual production costs and compare them to standard costs, investigating variances and providing detailed explanations.

- Develop, monitor, and analyze Cost of Production (COP) on a weekly and monthly basis.

- Identify cost leakages and recommend corrective and preventive actions in coordination with operations.

Inventory Management

- Oversee inventory valuation and ensure accurate stock reporting.

- Perform regular inventory reconciliations Raw materials, Work-in-progress (WIP), Finished goods, Production quantities and consumption and investigate discrepancies.

- Monitor stock movement and consumption to ensure appropriate costing and minimize losses.

- Prepare Inventory ageing, and identification of slow-moving and obsolete stock.

- Maintain tight controls over raw materials and finished goods inventory.

- Coordinate, supervise, and lead physical inventory counts, investigate variances, and ensure timely closure of discrepancies

Variance Analysis

- Analyse variances related to Yield, material usage, labour efficiency, and overhead absorption.

- Provide timely variance and performance reports to management with recommendations for corrective actions.

- Work closely with production, maintenance, procurement, and stores teams to address inefficiencies and drive corrective actions

- Track key operational and financial KPIs, linking production performance to financial outcomes.

Financial Control & Reporting

- Assume full ownership of the Plant P&L and Balance Sheet.

- Prepare accurate and timely cost reports, including cost of goods sold (COGS) and profitability reports

- Prepare and submit monthly management accounts accurately and within defined timelines to Head Office.

- Ensure the accuracy, completeness, and integrity of all plant-level financial data.

- Assist in planning future production costs based on historical trends and expected changes

- Support annual budgeting, forecasting, and periodic re-forecasting processes.

- Monitor actual performance against budgets and provide clear, actionable explanations for deviations.

Plant Accounting & Operations Support

- Partner with the Plant Head and departmental heads to align with operational targets.

- Translate financial data into actionable insights to support plant-level decision-making.

- Ensure proper accounting, monitoring, and control of:

o Capital expenditure (Capex)

o Repairs and maintenance

o Plant overheads

- Strengthen inter-departmental coordination across Production, Stores, Maintenance, and Logistics.

Internal Controls, Process Improvement & Compliance

- Ensure strict adherence to internal control frameworks, SOPs, and company policies.

- Ensure compliance with local statutory requirements of the plant. Ensure accurate deduction, remittance, and reconciliation of PAYE, pension contributions, and other employee statutory deductions

- Ensure timely completion of local statutory filings, proactively escalating risks or delays to the head office finance.

- Strengthen internal controls to mitigate tax, regulatory, and compliance risks at the plant.

- Identify opportunities for process improvements to enhance efficiency, reduce waste, and control costs.

- Work closely with the production and finance teams to implement cost control initiatives.

- Guide, supervise, and develop the local plant finance and costing team.

- Ensure timely availability of reconciled, accurate, and complete data from all departments.

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Posted by

Shikha Khattar

consultant at WowJobs

Last Active: 22 September 2026

Job Views:  
337
Applications:  32
Recruiter Actions:  15

Job Code

1682979

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