Senior Costing Analyst – Flexible Packaging

Confidential Company; Dubai; On-site; AED 180,000 - 260,000; Full time

Job summary

Confidential Company in Dubai is seeking a seasoned Costing Specialist to manage product-wise and customer-wise costing for flexible packaging. You will analyze variances, support pricing and budgeting, and drive cost-control initiatives across procurement, production and finance.

The role requires strong Excel modelling, ERP experience and a track record in BOM costing, inventory valuation and margin analysis within a manufacturing setting.

Qualifications

• Bachelor's degree in finance, accounting, commerce or related field.
• CA Inter / CMA / ACCA and manufacturing costing principles.
• Advanced proficiency in Microsoft Excel including Pivot Tables, VLOOKUP/XLOOKUP, SUMIFS, and financial modelling.
• Experience with ERP systems and manufacturing modules.

Responsibilities

• Prepare product-wise and customer-wise costing for flexible packaging products.
• Calculate standard and actual costs covering raw materials, direct labour, overheads, utilities, wastage and other production costs.
• Analyze material consumption, production yield, wastage, scrap, labour, machine hours and overhead costs.
• Conduct actual vs. standard cost variance analysis and identify key reasons for deviations.
• Support Sales in preparing quotations and pricing based on accurate cost calculations and required margins.
• Review and update BOMs, standard costs, and manufacturing cost structures.
• Monitor raw material price fluctuations and their impact on costs and margins.
• Coordinate with Procurement to reflect updated raw material prices in costing.
• Work with Production/Operations to understand processes and cost drivers.
• Prepare monthly costing reports, margin analysis, and management reports.
• Assist in budgeting, forecasting and cost-control initiatives.
• Monitor overheads and identify opportunities for cost reduction and process improvement.
• Analyze inventory valuation and production-related costs; coordinate with Finance for accurate accounting.
• Review production orders to ensure costs are captured in ERP.
• Support month-end closing activities related to inventory and cost of sales.
• Develop costing models and MIS reports using Excel and ERP systems.
• Provide costing insights to management for pricing, profitability and decision making.
• Ensure costing procedures comply with policies and accounting principles.
• Perform other costing and financial analysis activities as assigned by management.

Skills

Advanced MS Excel

Costing & pricing analysis

Variance analysis

Budgeting & forecasting

Financial modelling

Education

Bachelor's degree in finance, accounting, commerce

CA Inter / CMA / ACCA

Tools

ERP systems

Manufacturing modules

Job description

Confidential Company in Dubai is seeking a seasoned Costing Specialist to manage product-wise and customer-wise costing for flexible packaging. You will analyze variances, support pricing and budgeting, and drive cost-control initiatives across procurement, production and finance.

The role requires strong Excel modelling, ERP experience and a track record in BOM costing, inventory valuation and margin analysis within a manufacturing setting.