Team Leader- Costing

Julphar; Ras Al Khaimah; On-site; AED 180,000 - 240,000; Full time

Job summary

Julphar in Ras Al Khaimah is seeking a Costing Specialist to manage manufacturing costing, standard costing, and variance analysis. You will oversee budgeting, COGS forecasting, financial reporting, and cost optimization across production activities.

The role requires strong analytical and communication skills, knowledge of standard costing and inventory valuation, and experience with SAP ERP. Experience in pharmaceutical manufacturing costing is highly valued.

Qualifications

• CMA or CIMA or equivalent certification.
• Experience in pharmaceutical manufacturing costing and financial analysis.
• Experience with SAP ERP systems preferred.
• Strong analytical and communication skills.

Responsibilities

• Review and analyze operations expenses against budget and assess variances with root causes.
• Validate production orders with accurate allocation of materials, labour and overhead costs.
• Analyze production variances (material, labour, yield, scrap, overhead) and coordinate actions.
• Prepare variance reports highlighting cost drivers, inefficiencies and savings opportunities.
• Lead monthly costing close activities, cost allocation and reconciliations.
• Develop dashboards and reports to support profitability and operational decisions.
• Support audits with costing data, reconciliations and documentation.
• Participate in ERP and costing system enhancements to improve accuracy.

Skills

Analytical skills

Communication skills

Stakeholder management

Leadership

Education

CMA / CIMA or equivalent

Tools

SAP ERP

Job description

Job Role

The position is responsible for manufacturing costing, standard costing, and production variance analysis. Oversees cost control, budgeting, COGS forecasting, financial reporting, and manufacturing cost optimization.

Key Responsibilities

• Review and analyze technical operations–related expenses, compare them against the budget, and assess any variances along with their root causes.
• Review and validate production orders, ensuring accurate allocation of raw materials, labour, and manufacturing overhead costs.
• Analyze production variances (material, labour, yield, scrap, and overhead), identify root causes, and coordinate corrective actions with Production, Supply Chain, and Finance teams.
• Monitor manufacturing performance and prepare variance reports highlighting key cost drivers, operational inefficiencies, and cost-saving opportunities.
• Support product costing activities, including standard costing, cost estimates, and cost sheets for new and existing products.
• Lead monthly costing close activities, production cost allocation, and manufacturing account reconciliations.
• Maintain and improve costing methodologies, allocation bases, and cost control procedures to ensure accuracy and transparency.
• Collaborate with cross-functional teams to investigate cost deviations and production inefficiencies.
• Support annual budgeting, standard cost updates, and COGS forecasting processes.
• Develop dashboards and analytical reports to support management decision-making on profitability and operational performance.
• Support internal and external audits by providing accurate costing data, reconciliations, and supporting documentation.
• Participate in ERP and costing system enhancement initiatives to improve efficiency, data accuracy, and reporting capabilities.
• Ensure compliance with costing policies, procedures, and internal controls across manufacturing operations.

What We're Looking For

• Professional certification such as CMA, CIMA, or an equivalent qualification is highly preferred.
• Strong experience in pharmaceutical manufacturing costing and financial analysis.
• Solid understanding of standard costing, inventory valuation, and variance analysis.
• Experience working with SAP ERP systems is preferable.
• Strong analytical, communication, and stakeholder management skills.
• Leadership experience with the ability to drive collaboration across departments.