Summary
Integrated Plastics Packaging (I.P.P), part of the LUTFI Group of Companies, manufactures flexible packaging in Dubai’s National Industries Park, Jebel Ali Free Zone. The Executive Officer – Costing will track production costs, reconcile material consumption and stock records, analyze cost variances and profitability, and prepare cost reports. Applicants should have 2–5 years of costing or audit experience, a relevant bachelor’s degree, knowledge of cost accounting, and CA Intermediate, CMA Intermediate, or CMA (ICWAI); good English communication skills are required.
The posting
As published on ipp.ae. Pulled from the employer's site and shown as they wrote it.
Integrated Plastics Packaging (I.P.P), the manufacturing powerhouse of the LUTFI Group of Companies, has been a leading innovator in flexible packaging since 1999. Based in Dubai’s National Industries Park, Jebel Ali Free Zone, we specialize in high-performance, customized packaging solutions for the food industry as well as hygiene, personal care, pharmaceutical, cosmetic, fertilizer, and construction sectors.
As a trusted partner to some of the world’s most iconic brands—such as Lipton, Dettol, McVitie’s, Tang, Cadbury, Maggi, Emirates, and many more—we are recognized for precision, reliability, and world-class print and reproduction quality. Our commitment to excellence is reinforced by continuous investment in cutting-edge technology, globally reputed machinery, stringent safety and hygiene systems, and strategic supplier collaborations.
At I.P.P, our people drive our success, and we empower them through a dynamic, inclusive culture where innovation thrives, learning never stops, and ownership is encouraged. With a strong “can-do” spirit and shared values, we foster passion, growth, and long-term sustainability. Joining I.P.P means your ideas matter, your development is supported, and you play a real role in shaping the future of packaging.
We are looking for an Executive Officer – Costing to support the finance and operations teams by managing cost accounting activities, ensuring accurate cost tracking, and providing insights that support pricing, profitability, and business decisions. The responsibilities of the Executive Officer – Costing include, but are not limited to:
Responsibilities
- Record and monitor actual costs related to production, including raw materials, labor, and overheads.
- Reconcile material consumption data with store issue records, production output, and ERP entries.
Identify and report discrepancies between recorded consumption and physical movement, and support correction entries where required.
Compare actual costs against standard costs and report variances.
Analyze cost fluctuations and identify the reasons for deviations.
Prepare monthly, quarterly, and annual cost reports, including standard vs. actual variance analysis and margins.
Work closely with production, stores, and procurement teams to validate consumption data.
Ensure accurate allocation of costs across departments and cost centers.
Lead or support physical stock counts for raw materials, WIP, and finished goods on a monthly or quarterly basis.
Liaise with production, stores, purchasing, and planning teams to ensure data accuracy.
Participate in monthly and annual physical stock verification exercises for raw materials.
Analyze job-wise, product-wise, and customer-wise profitability using actual cost data.
Requirements:
- 2–5 years of experience in costing or audit.
Strong understanding of cost accounting principles, including BOM, cost drivers, and overhead allocation.
Highly organized, detail-oriented, and able to manage multiple priorities.
- Bachelor’s degree in Accounting, Finance, Commerce, or a related field.
CA Intermediate / CMA Intermediate / CMA (ICWAI).
Good communication skills in English.
🚀 If this opportunity excites you, we’d love to hear from you! Apply today—our HR team will review your application and get in touch to guide you through the next steps. 🚀