FP&A and Cost Accounting Manager

Reed Recruitment Türkiye; Konak; On-site; TRY 350,000 - 550,000; Full time

Job summary

REED Turkey is seeking an FP&A and Cost Accounting Manager for an international manufacturing client. You will lead budgeting, forecasting, management reporting, and cost accounting, partnering with Finance, Operations, and Supply Chain.

You will develop financial models, analyze variances, and drive cost reduction opportunities while ensuring accounting policies compliance.

Qualifications

• Experience in FP&A and cost accounting
• Strong financial modeling and analytical skills
• Stakeholder management and cross-functional collaboration

Responsibilities

• Coordinate annual budgeting and financial planning processes, including operating budgets and forecasts.
• Develop and maintain monthly, quarterly, and annual financial forecasts.
• Prepare management reports, dashboards, and executive presentations with key insights.
• Analyze actual results vs budget/forecast and explain variances.
• Provide profitability analysis by product, customer, and business unit; support pricing analysis and capex decisions.
• Oversee cost accounting activities: inventory valuation, COGS analysis, and overhead allocation.
• Identify cost reduction opportunities in operations and supply chain.

Job description

Founded in 1960 in the UK, REED has grown continuously and become a leading brand both in the UK and the international arena. Today REED has 350 offices with more than 3.000 employees and is providing services across 20 specialist sectors. We work closely with experienced and qualified professionals across a wide range of industry sectors, delivering bespoke recruitment solutions on a variety of roles for mid and senior level.

As Reed Turkey, we are looking for a \"FP&A and Cost Accounting Manager\" with the below requirements for our international manufacturing client.

The FP&A and Cost Accounting Manager is responsible for leading financial planning, budgeting, forecasting, management reporting, cost accounting, and financial analysis to support business performance and strategic decision-making. This role combines strong Financial Planning & Analysis (FP&A) capabilities with hands on Cost accounting expertise. The Manager will partner closely with Finance, Operations, Supply Chain, Sales, and Senior Leadership to provide accurate financial insights, identify cost and efficiency opportunities, and drive accountability for business performance.

Key Responsibilities:

• Coordinate the annual budgeting and financial planning process, including preparation of operating budgets, capital expenditure plans, and financial forecasts.
• Develop and maintain monthly, quarterly, and annual financial forecasts.
• Analyze actual results against budget, forecast, and prior-year performance, identifying key drivers and variances.
• Prepare management reports, financial dashboards, and executive presentations highlighting business performance and key financial insights.
• Develop financial models and scenario analyses to support strategic and operational decision-making.
• Provide profitability analysis by product, customer, business unit, channel, or other relevant dimensions.
• Provide Pricing and Cost Variance Analysis, FX and Working Capital Management and CAPEX and Investment Analysis / Management
• Monitor key performance indicators (KPIs) and provide recommendations to improve revenue, margins, productivity, and cash flow.
• Support long-range planning and strategic initiatives through financial modeling and business-case analysis.

Cost Accounting

• Manage and oversee product costing, standard costing, cost roll-ups, and cost updates.
• Analyze manufacturing and operating costs, including direct materials, direct labor, overhead, and other cost components.
• Perform monthly cost accounting activities, including inventory valuation, cost of goods sold analysis, manufacturing variances, and cost reconciliations.
• Analyze purchase price, material usage, labor efficiency, production volume, overhead, and other cost variances.
• Ensure accurate allocation and absorption of manufacturing and operating overhead costs.
• Review inventory balances and investigate unusual or significant movements.
• Partner with Operations and Supply Chain to identify cost reduction and productivity improvement opportunities.
• Maintain accurate cost structures and ensure appropriate accounting treatment in accordance with company policies and applicable accounting standards.
• Support physical inventory counts and investigate inventory discrepancies.
• Assist with the development and implementation of cost accounting policies, procedures, and controls.