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Manufacturing Cost Accountant - Qalubia

Nassar Group
Qanater Khairya, Qalubia
Posted 4 years ago
40Applicants for1 open position
  • 19Viewed
  • 8In Consideration
  • 0Not Selected
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Job Details

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Job Description

  • In this role, you will report directly to the finance manager, in addition to analyzing & interpreting financial performance, you will work closely with the Plant Operations Team on processes and analysis related to annual plant budgeting, quarterly forecasting, month-end closings.
  • You will be directly involved with the creation, validation, analysis, and communication of financial and operational data relating to cost improvements, capital authorization requests, and standard costing.

Responsibilities:

  • Provide financial analysis to the Board of Directors, Finance Manager and the operations team to aid in decision making.
  • Maintains the standard cost system including, but not limited to, setting material standards, determining labor and overhead rates, and periodic reporting.
  • Support the Board of Directors and the Financial manager to develop and ensure standard costs are accurate and meet the cost improvement objectives.
  • Supervision and assistance to the general accounting group in the compilation and integrity of financial data including gathering, approvals, processing and auditing of accounting transactions.
  • Assist the Management in the financial analysis, cost projections, and explanation of efficiency and speeding variances from predetermined manufacturing standards or departmental budgets.
  • Validating production volumes and analyzing run rates.
  • Analyze and determine the raw material and finished goods reserve on a quarterly basis.
  • Responsible for the maintenance, development, calculation and establishment of manufacturing standards cost by production center.
  • Maintains a manufacturing cost system to provide accurate and timely quantitative data relative to progress against budgets and standards, and to enable appropriate inventory valuation in accordance with established policies and guidelines.
  • Responsible for the work-in process inventory transactions data integrity, including and not limited to stage yield reporting, and actual direct labor and equipment running hours.
  • Ensuring productivity factors are in-line with expectations.
  • Working with Operations and Strategic Sourcing to minimize material inflation.
  • Responsible for the preparation, publication, and distribution of monthly plant wide inventories reconciliation with perpetual inventory records.
  • Conducting reviews to ensure staffing and overhead structures are appropriate.
  • Ensuring that manufacturing variances to standard and start-up costs are accurate.
  • Support capital budgeting, forecasting, depreciation, and reporting requirements.
  • Assist with fixed asset accounting, analysis of inventory levels.

Job Requirements

Qualifications:

  • BS in Accounting, master’s is preferred but not required.
  • Deep knowledge of costing and ERP systems is critical for the role.
  • Minimum of five (5) years Manufacturing environment / Cost accounting experience.
  • Financial Analyst Experience 1 to 2 years.
  • Knowledge of lean manufacturing is beneficial in supporting the system implementation.
  • SAP experience required.
  • Advanced skills using Microsoft office products, very strong MS Excel skills required (formulas (such as functions, Pivot tables, charting, linking multiple workbooks).
  • Knowledge of capital budgeting and product costing methodologies.

Knowledge, skills, and abilities:

  • Ability to work independently and in a team environment under pressure with tight deadlines and handle multiple/detail-oriented tasks.
  • Team player who can work calmly and quickly in fast-paced environments.
  • Excellent analytical skills and follow-up.
  • Able to clearly present information both in writing and in front of audiences.
  • Drill down through work center costs to understand specific product/process cost streams.
  • Analyze work center costs and capabilities with assistance of Plant Engineering.

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JobsAccounting/FinanceManufacturing Cost Accountant - Qalubia