Plant Controller

Tamer Mölnlycke Care; Makkah Al Mukarramah, Jeddah; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading healthcare company in Makkah is seeking a Finance Manager to oversee cost accounting, budgeting, and financial reporting. This role requires strong analytical skills and an educational background in finance, especially within the manufacturing sector. Candidates should also have experience with Oracle ERP systems for improved cost tracking.

Qualifications

• Proficiency in Financial Statements and managing Fixed Assets.
• Experience in the manufacturing industry is preferred.

Responsibilities

• Monitor and analyze manufacturing costs.
• Lead annual budgeting and monthly forecasting.
• Prepare monthly P&L reports for manufacturing.
• Oversee inventory counts and audits.
• Identify cost-reduction opportunities.

Skills

Cost Accounting

Financial Analysis

Analytical Skills

Education

Degree in Finance or related field

Tools

Oracle ERP

Job description

Key Responsibilities:

1. Cost Accounting & Financial Control

- Monitor and analyze manufacturing costs, including direct materials, labor, overhead, and compliance-related expenses (e.g., sterilization, validation, quality testing).

- Maintain and update standard costing models

- Conduct variance analysis (material usage, labor efficiency, scrap rates) and report on deviations.

- Ensure accurate inventory valuation (raw materials, WIP, finished goods) with strict traceability.

2. Budgeting, Forecasting & CAPEX Management

- Lead annual budgeting and monthly forecasting for manufacturing operations, including quality and production scale-up costs.

- Analyze capital expenditures (CAPEX) for new equipment, facility upgrades, or ongoing/expansion investments.

- Partner with operations to identify cost-saving opportunities

3. Financial Reporting & Compliance

- Prepare monthly P&L reports for manufacturing, highlighting key metrics (yield, scrap, rework costs).

- Support internal and external audits with documentation and financial controls.

Ensure adherence with company policies and procedure and apply IFRS mandates in financial reporting

4. Inventory & Production Controls

- Oversee cycle counts, physical inventory audits, and reconciliation

- Analyze obsolescence risks for components due to design changes or regulatory updates.

- Track and report on sterilization, shelf-life, and quarantine inventory costs.

5. Process Improvement

- Identify cost-reduction opportunities while ensuring adherence to quality standards

- Collaborate with site GM and the leadership team for driving the efficiency

- Implement ERP system enhancements for better cost tracking (Oracle)

Qualifications

• Proficiency in Financial Statements and managing Fixed Assets
• Strong skills in Cost Accounting and Financial Analysis
• Excellent Analytical Skills
• Educational background in Finance or related field
• experience in manufacturing industry