Production Costing Analyst Manufacturing / Production (SAP S/4HANA Mandatory)

Position: Costing Analyst – Manufacturing / Production (SAP S/4HANA – Mandatory)

Location: Business Bay, Dubai

Department: Finance / Costing / Operations

Reports To: Finance Manager / Cost Controller

Job Summary

We are seeking a highly analytical and detail-driven Costing Analyst to monitor and control costs across multiple manufacturing and production units. This role requires strong hands-on experience in SAP S/4HANA, deep understanding of production costing, and the ability to analyze variances, identify inefficiencies, and drive cost optimization.

The ideal candidate must be capable of tracking actual vs standard consumption, validating production data, and highlighting operational gaps with clear, actionable reporting.

Key Responsibilities

• Monitor and analyze end-to-end production costing across multiple manufacturing units
• Track and validate Bill of Materials (BOM) vs actual raw material consumption, identifying variances and inefficiencies
• Analyze raw material cost, activity cost, and operational/production costs
• Monitor expected production vs actual output, identifying shortfalls and performance gaps
• Review daily production data, verify accuracy, and highlight issues such as:
• Higher raw material consumption
• Lower production output
• Process inefficiencies and wastage
• Work closely with production teams to collect, verify, and validate production data
• Identify loopholes and cost leakages in production processes and recommend corrective actions
• Drive cost reduction initiatives by controlling material usage and improving operational efficiency
• Maintain and update costing data and structures in SAP S/4HANA
• Prepare detailed MIS reports, variance analysis, and cost performance reports for management
• Support budgeting, forecasting, and standard costing processes
• Ensure accuracy and integrity of cost data through strict verification and validation checks
• Coordinate with finance, production, and supply chain teams for data alignment and reporting

Mandatory Requirements

• 4–8+ years of experience in costing / production cost analysis
• Hands-on SAP S/4HANA experience (compulsory) — especially costing, production, and inventory modules
• Strong understanding of manufacturing processes and production costing
• Proven experience in BOM analysis vs actual consumption tracking
• Strong expertise in analysis and cost control
• Advanced Excel skills (mandatory) — data analysis, reporting, and reconciliation
• Experience handling large volumes of production data with high accuracy

Preferred Background

• Experience in food manufacturing / food processing industry is highly preferred
• Experience managing costing across multiple production units or plants
• Familiarity with standard costing, activity-based costing, and production KPIs

Skills & Competencies

• Strong analytical and problem-solving mindset
• High attention to detail with a verification-driven approach
• Ability to identify inefficiencies and drive cost optimization
• Strong coordination skills with production and operations teams
• Excellent reporting and presentation skills
• Ability to work in a fast-paced, data-intensive environment

Qualifications

• Bachelor's degree in Finance, Accounting, Costing, or related field
• Professional certifications (CMA / ACCA – partly or fully qualified) are an advantage