NMEG Costing Supervisor

Location: Giza, 6th of October City

Work Arrangement: Onsite

Degree Level: Bachelors

Preferred Degree: Bachelor’s degree in a related field (Finance / Accounting) 

Shape the Future of Mobility at Nissan - Launch Your Career, Drive Innovation:

At Nissan, we’re not just building cars, we’re revolutionizing mobility. We’re a global leader with a heritage of innovation, and we’re searching for talented individuals like you to join us on this exciting journey. We believe that every individual possesses a unique set of skills and passions that can be harnessed to drive innovation and shape the future of the automotive industry. Our diverse range of program areas and career paths offer exciting opportunities for adventurers like you to embark on a thrilling professional journey.

Learn more about Nissan’s future here: https://www.youtube.com/watch?v=M8diaXXdtJI

THE PURPOSE OF THE ROLE:

Costing Supervisor is to supervise and manage all costing and inventory control activities, ensuring the accuracy of product costing, inventory valuation, manufacturing cost reporting, month-end closing activities, and compliance with company policies and financial standards. The role supports business decision-making through accurate cost analysis, inventory management, budgeting, forecasting, and SAP costing operations.

MAIN RESPONSIBILITIES

1. Costing & Standard Cost Management

• Review and maintain material master costing data and planned prices.
• Execute annual and ad-hoc Standard Cost Roll processes using SAP CK40N.
• Analyze standard cost variances and identify root causes.
• Monitor material cost developments and assess their financial impact.
• Support budgeting and forecasting activities related to manufacturing costs.
• Ensure accurate allocation of manufacturing overheads.

2. Manufacturing Cost Control 

• Review manufacturing expenses and ensure costs are reasonable and aligned with approved budgets.
• Analyze production variances and manufacturing performance.
• Execute Cost Center Assessments (KSU5).
• Calculate Activity Type Rates (KSS2 / KSII).
• Perform Activity Revaluation (MFN1).
• Calculate Work in Process (KKAX).
• Execute Variance Calculation (KKS2).
• Perform Period-End Settlement (KO88).
• Execute Production Order Closing (COHVPI)
  

3. Inventory Control & Valuation

Ensure accurate inventory valuation and stock reconciliation.

Review inventory movements including:

• CKD
• KD
• LCL
• Local Materials
• CBU Units

Monitor inventory aging and slow-moving stock.

Calculate and review inventory provisions.

Process inventory-related journal entries.

Ensure inventory balances agree with General Ledger accounts.

Review monthly inventory reports and exception reports.

4. Physical Inventory Management

• Plan and coordinate monthly and annual stock counts.
• Ensure SAP inventory records are updated based on physical count results.
• Investigate stock discrepancies and coordinate corrective actions.
• Support external and internal audit requirements related to inventory

5. Month-End Closing Activities

• Execute and monitor all costing closing activities according to closing schedules.
• Reconcile manufacturing cost accounts and inventory balances.
• Review Cost of Sales calculations.
• Clear manufacturing cost accounts and investigate abnormal balances.
• Validate transaction volumes:
  • Production
  • Sales
  • Returns
  • Transfers
  • Shipments

6. Reporting & Analysis

• Prepare monthly manufacturing cost reports.
• Prepare inventory valuation reports.
• Prepare Cost of Sales analysis.
• Update Costing Tracking Files.
• Update HFM Cost of Goods Sold calculations.
• Prepare management reports and variance analysis.
• Support regional and global reporting requirements.

7. SAP & Process Improvement

• Ensure integrity of SAP costing and inventory data.
• Review and approve relevant Purchasing and Material Management transactions.
• Support SAP enhancements and testing activities.
• Participate in process improvement initiatives related to costing and inventory management.
• Ensure compliance with internal controls and corporate policies.

Who We’re Looking for:                                                                

Bachelor’s degree in a related field (Finance / Accounting) 

4- 5 years' experience in supporting month-end closing, inventory valuation, standard costing, budgeting, forecasting, and daily finance operations,

Strong experience within international working environments

Fluency in English and Arabic

KNOWLEDGE

Cost Accounting Principles.

Financial Accounting.

Inventory Valuation.

Manufacturing Costing.

Budgeting & Forecasting.

IFRS Fundamentals.

Internal Controls.

SAP CO, MM, FI Modules

SKILLS

SAP CO/FI/MM.

Advanced Microsoft Excel.

Cost Analysis and Variance Analysis.

Financial Reporting.

Problem Solving.

Communication Skills.

Analytical Thinking.

Team Leadership.

Presentation Skills.

Cross Functional Coordination

Explore more here: https://www.nissanglobal.com/EN/COMPANY/LIFE_AT_NISSAN/

Fuel your career with innovation and purpose by joining Nissan, a company dedicated to enriching other’s lives.