Senior Costing Analyst - Jeddah

MBRF Global Foods Company S.A.; Jeddah; On-site; SAR 400,000 - 550,000; Full time

Job summary

MBRF Global Foods Company S.A. is seeking a cost analyst in Jeddah to drive production cost reporting, budgeting, and decision support. You will build financial models, perform variances analysis, and partner with production and supply chain to optimize profitability while ensuring IFRS compliance and BRF ESG commitments.

This role offers exposure to the BRF network with opportunities to influence operations across global food production processes.

Qualifications

• Bachelor's degree in General Business Management or related field.
• Minimum 3 years of experience in industrial plant, production data entry, inventories.
• Cost accounting knowledge and IFRS basics.
• Experience with SAP ERP.
• Advanced Excel, Power BI, and PowerPoint.

Responsibilities

• Actual reporting and analysis of production costs, explaining key deviations compared with budget and MoM to influence decision making and optimize production costs to ensure factory KPIs.
• Routine Cost planning activities: Define cost allocation criteria for the factories; analyze changes in Recipes, RM, PM, production methods to determine cost impact; simulate new SKUs and production plans and determine costs of business activity.
• Monitor profitability of categories to maximize profits by highlighting risks and opportunities.
• Build and maintain complex financial models to project performance and evaluate new opportunities.
• Ensure compliance with relevant financial regulations and BRF ESG commitments; collaborate with departments to deliver financial analysis and recommendations.

Skills

Budgeting

Costing

Analytical thinking

Business partnering

Planning and organization

Interpersonal skills

Education

Bachelor's degree in General Business Management or related

CMA / CIMA certification

Tools

SAP ERP

Advanced Excel

Power BI

PowerPoint

Job description

Have you ever imagined to be part of one of the biggest food companies in the world?

Nourish life is our commitment. This is not limited to food production – it extends to projects, initiatives and causes we embrace. In order to deliver quality products, we have a team dedicated to innovating every day. We have more than 100,000 employees worldwide. A large team that has a global vision, without leaving aside the local needs.

Each member of our team is important to make BRF one of the largest food companies in the world. We are guided by values that serve as a compass for our work. Ethics in all actions, transparency in our value chain and innovation are non-negotiable points for us.

Come and join us to be part of this food giant!

BRF values and promotes an inclusive and diverse culture. We consider persons with disabilities for all our opportunities.

What will you be doing at MBRF?

• Actual reporting & analysis of production costs, explaining key deviations compared with budget and MoM to influence decision making & optimize production costs to ensure achievement of factory operational KPIs such as Yield, productivity, efficiency, idleness, composition etc.
• Routine Cost planning activities:
  • Define cost allocation criteria for the factories.
  • Analyzing changes in Recipes, RM, PM, production methods to determine cost impact.
  • Simulations of new SKUs and proposed production plans & Determine costs of business activity to assist management decisions such as rework, material write-off, production stoppage, R&D trials, production losses, quality losses, changes in materials, Make or Buy etc.
• Monitor the profitability of the categories to ensure maximization of profits by highlighting risks and opportunities
• Build and maintain complex financial models to project future financial performance and evaluate new businesses and investment opportunities and Ad-hoc scenario analysis
• Ensure compliance with relevant financials regulations and reporting requirement
• Statutory and managerial financials projections and definition and analysis of transfer prices
• Work closely with various departments to ensure delivery of financial analysis and recommendations with active business partnering.
• Comply with BRF Sustainability Policy guidelines, ensure adherence to BRF Sustainability Plan through activities in its routines that promotes compliance with the indicators and global ESG (Environmental, Social and Governance) commitments of the Company, ensuring the connection between its actions and sustainable development in the BRF chain.

What kind of profile are we looking for?

• Budget and Costing Evaluation
• Basic knowledge in IFRS – International Financial Reporting Standards and Financial Consolidation
• SAP – ERP module
• Advanced Excel, Power Point, Power BI
• Adaptability, commitment and communication
• Planning and organization
• Good interpersonal relationships
• Minimum 3 years of Experience in industrial plant, production data entry, inventories
• Cost Accounting & Analysis
• Bachelor's degree in General Business Management or any related fields/
• Qualification in Cost Accounting (CMA / CIMA)

What competencies are key to this role?

Cost Analysis & Variance Management

• Product costing
• Standard vs Actual cost analysis
• Material, labor and overhead variance analysis
• Identification of cost drivers and deviations

Analytical Thinking & Problem Solving

• Root cause analysis
• Investigating cost, inventory and production variances
• Developing corrective actions

Business Partnering & Stakeholder Management

• Collaborating with production, supply chain, procurement and warehouse teams
• Communicating financial insights to non-finance stakeholders
• Influencing operational decisions through financial analysis

Planning, Budgeting & Reporting

• Budget preparation and forecasting
• Cost reporting and performance tracking
• KPI monitoring
• Ensuring accuracy and integrity of financial data
• Identifying cost-saving opportunities
• Improving costing and reporting processes
• Reducing waste and inefficiencies
• Supporting profitability improvement initiatives

What can you expect from MBRF?

• Being part of a global, collaborative and dynamic working environment
• Strong corporate culture with commitments to customers, employees & environment we serve
• Vertical, horizontal, and cross-functional growth opportunities
• Competitive compensation package

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