Cost Control Lead

Cement Cost Control Lead

Location

Hybrid (Sokhna Plant & HO)

Job Purpose

• Responsible for supporting the financial management and control functions within the cement plant. This role involves assisting with financial planning, analysis, reporting, and ensuring compliance with financial policies. The Cement Cost Control Lead works closely with plant industrial teams to control costs and inventories & contribute to the overall financial health and performance of the plant.

Key Responsibilities

1-Health & Safety:

Comply with Health & Safety Rules and Regulations as per Lafarge H&S Standards

2-Functional:

Financial Planning and Analysis:

• Develop and manage budgets (OPEX and CAPEX) and forecasts for the cement plant.
• Monitor and control OPEX spending to ensure adherence to budget and financial targets.
• Analyze financial data to identify trends, variances, and opportunities for cost savings.
• Prepare monthly, quarterly, and annual financial reports for management review.
• Conduct scenario analysis and feasibility studies to support decision-making processes.
• Provide recommendations based on financial analysis to improve profitability and efficiency.

Cost Management:

• Monitor and control plant costs to ensure alignment with budget and forecasts.
• Identify cost reduction opportunities and implement measures to achieve savings.
• Review and approve purchase requisitions, contracts, and other plant documents to ensure financial accuracy.
• Analyze and report on the financial impact of plant activities.

Inventory Management:

• Oversee inventory valuation and ensure accurate reporting of inventory levels.
• Implement controls to manage inventory costs and minimize obsolescence.
• Coordinate with supply chain teams to optimize inventory levels and reduce excess stock.
• Ensure monthly physical inventory counts are conducted regularly and discrepancies are investigated.

Contribution to Production Planning and Sales & Operational Efficiency:

• Support the development of production plans to optimize operational efficiency and cost-effectiveness.
• Analyze production data to identify opportunities for improving raw material usage, thermal efficiency, and electrical power consumption.
• Collaborate with production and sales teams to align financial and operational goals.
• Challenge plant KPIs, including raw material design, thermal efficiency, and electrical power consumption, to drive continuous improvement.
• Provide financial insights and recommendations to support production strategies.

Compliance and Internal Controls:

• Ensure compliance with company policies, financial regulations, and internal controls.
• Collaborate with internal and external auditors to address audit findings and implement recommendations.

System and Process Improvement:

• Identify opportunities to enhance financial systems and processes within plant operations.
• Implement technology solutions to improve data accuracy, reporting, and decision-making.
• Lead process improvement initiatives to streamline workflows and increase efficiency.
• Train and mentor plant teams on financial best practices.

HARP Compliance:

• Using actions in place to move the company to align with group rules (HARP). This includes costs allocation; cost centers details, allocation of costs in variable and fixed breakdowns, headcounts definition, etc…

Education

Qualifications & Experience

     Education:

• Bachelor's degree in Finance, Accounting, or a related field.
• CPA or CMA certification is a plus.  Proven experience in finance, preferably within manufacturing or plant operations.

Technical Skills:

• Budgeting, Forecasting, Controlling and SAP
• Financial Modeling
• Advanced Excel
• Variance Analysis
• Scenario Planning & Sensitivity Analysis

    Experience:

• 4-6 years in FP&A and Controlling roles.