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General & Inventory Account

CocaCola
Cairo, Egypt
Posted 5 years ago
167People have clicked1 open position
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Job Details

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Job Description

Inventory

  • Full responsibility for plant inventory In accordance with company standards, and in conjunction with the planning department organize and drive MRB process
  • Actively participate in the MRB process ensuring that all inventory movements are correctly classified in the appropriate status
  • Follow up to ensure that MRB objectives are met by all departments involved through monthly MRP meetings.
  • Raise RFA on if needed
  • Actively participate and recommend methods to continuously lower write offs at both CPS and division levels
  • Balance Sheet reconciliation of plant inventory and related provision accounts
  • Analysis of inventory losses and presentation there
  • Prepare manual invoices for quality samples
  • Review inventory losses/ quality samples and post in SAP. Ensure full compliance with LCOA.
  • Conduct monthly surprise audits of cycle count procedures and prepare reports to document variances to required standard as per SPP.
  • Analyze and ensure inventory is correctly classified (using ABC classification) in accordance with SPP.
  • Conduct the year end Physical count.
  • Cycle Counts Financial Audit
  • Verify the counts are done regularly and on an ongoing basis.
  • Document any exception to the procedure.
  • Verify compliance with count frequency.
  • Ensure that ABC classification is correct in the automated systems.
  • Post count differences.

Daily Costing:

  • Support in costing of approved formulae (new products and reformulations) (if needed).
  • Support in Managing the standard cost pricing conditions. Ensure Location Difference pricing conditions timely update in SAP and analysis for rolling estimates and actual (if needed). MUV Analysis
  • Partner with production to develop robust MUV reduction plans and identify loss avoidance and saving opportunities to maintain current best in class levels.
  • Twice a month downloads from SAP the MUV account. Analyze the variances generated. Communicate findings to the production team and apply corrective action immediately.
  • Prepare management summaries that support and fully explain all variances vs. BP, prior RE & prior year.
  • Using current MUV trends and production volumes forecast MUV for BOY. Control and Compliance
  • Monitor processes & ensure SOX compliance in areas of responsibility and recommend improvements; document standard operating procedures and work instructions in accordance with The Coca-Cola Quality System requirements.
  • Support and enable internal (CAD) and external (E&Y) audits Other
  • Managing the finance month end closing activities including journal voucher and balance sheet reconciliations.
  • Monitor processes & ensure SOX compliance in areas of responsibility and recommend improvements; document standard operating procedures and work instructions in accordance with The Coca-Cola Quality System requirements
  • Create and maintain finance records on Company information systems in accordance with data standards and record-keeping guidelines. (Examples: Balance sheet analysis, SAP, Lotus Notes, Microsoft Office, GPS, hard-copy documents, JVs )
  • Uphold Company fiduciary responsibilities and controls; actively ensure and maintain adherence to Company standards and values, ethics, policies and procedures, and professional standards for self.
  • Manage personal development needs in anticipation of business requirements.

Maintains the organization’s financial records and transactions; complete assigned daily ledger entries and other financial transactions; collects and compiles simple financial information and assists senior accountants to prepare accurate and timely financial reports and accounting statements. Individual contributor representing the most common entry for this career stream; works under direct supervision.

Job Requirements

Curious
Keep seeking, never settle. Staying curious about what is outside, and two steps ahead inspires us to challenge the status quo. Having the courage to look and leap is the way we grow. Because asking “what if?” pushes us to the next level as people and as a company.

Empowered
Make it happen. True empowerment is the result of taking responsibility. This means giving yourself permission to see it, say it and do it, and owning the outcomes. Because we move forward faster when we all take action.

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JobsAccounting/FinanceGeneral & Inventory Account