Cost Control Accountant
6 days ago
Who are we?
Lychee is Egypt's premier homegrown healthy F&B brand, proudly serving since 2012. With a 5,000 sqm factory housing a Greek yogurt production line, central kitchen, and bakery, we ensure top-quality products for our 30+ branches in premium locations.
As part of our growth journey, we are excited to expand into Saudi Arabia, bringing our commitment to healthier food choices to a new market. Our mission is clear and unwavering: to make healthier food choices accessible and sustainable, empowering people to embrace a healthier lifestyle every day.
Lychee's offering has evolved across our four ever growing sales channels; branches, online, HORECA & modern trade, boasting our diverse product portfolio. From salads, wraps, warm bowls & natural juices to homemade granola, protein bars and of course our authentic Greek yogurt.
What will you be doing?
· Monitor and analyze factory costs, including raw materials, labor, and overhead, ensuring effective cost control.
· Maintain accurate cost accounting records and ensure proper cost allocation across departments.
· Conduct variance analysis (actual vs. budgeted costs) to identify key cost drivers and recommend corrective actions.
· Enhance cost control measures by developing and implementing efficient processes to optimize spending.
· Collaborate with production, procurement, and finance teams to improve cost-related workflows and efficiency.
· Prepare detailed cost reports on a monthly, quarterly, and annual basis for management review.
· Ensure compliance with financial policies, internal controls, and industry regulations related to cost accounting.
· Leverage ERP systems (SAP, Oracle, or similar) to track, analyze, and report cost data effectively.
· Conduct regular cost audits and reconciliations to maintain financial accuracy and transparency.
· Identify cost-saving opportunities and propose process improvements to enhance operational efficiency.
· Assist in pricing analysis by evaluating cost structures for new and existing products to ensure profitability.
What are we looking for?
· Bachelor's degree in Finance or any related field
· Minimum of 2 years of work experience in cost control within FMCG industry
· Hands-on experience in costing and stock control modules of ERP systems
· Strong knowledge of manufacturing cost structures and BOM
· Strong Interpersonal skills
· Ability to work effectively in a fast-paced and collaborative environment.
At Lychee, we recognize and appreciate the unique strengths that each individual brings to our team. We are dedicated to fostering a workplace that values diversity and believes that a variety of perspectives, backgrounds, and experiences make a significant impact on our business success. We embrace and celebrate differences, viewing them as opportunities to enhance innovation, creativity, and overall company growth. We are an equal opportunity employer, committed to creating an inclusive environment where all employees can thrive and contribute their best.
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