Cost Accountant
ORC -
Cairo, EgyptPosted 1 year ago126Applicants for1 open position
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Job Details
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Job Description
- Collect cost information and maintain an expenses database.
- Define cost centers and operation resources, and agree on the allocation method of the general expenses.
- Coordinate with all managers to identify allocation basis of cost elements.
- Review and audit Bills of Materials (BOM) to ensure they reflect the latest manufacturing practices and all costs are adjusted correctly.
- Analyze actual labor, material, and all overhead cost against Standard/Budget.
- Implement and apply cost accounting policies and procedures as they are derived.
- Assist in implementing ERP processes in costing and inventory management, prepare budgets and plans, and set policies and procedures for costing and inventory management.
- Prepare and discuss all reports about the slow moving and non-moving items on monthly/quarterly basis.
- Assist in setting the budgets and plans by cost center, cost element and product.
- Analyze the actual results versus the planned cost of each product and attribute the variances to the root cause.
- Advise the management on the deviations and the root causes and recommend appropriate actions.
- Prepare reports to assist in controlling materials and work in progress, finished products and obsolete materials.
- Ensure that the Company’s finance resources are most effectively utilized through monitoring production costs.
- Act as central point for any revision that may become necessary to the stock- taking procedures
- Initiate and propose amendments to existing procedures to meet the continuously changing business needs.
- Prepare (monthly, quarterly and annual) cost forecasts.
- Assisting in month-end and year-end closing.
Job Requirements
- Very Good command of excel and Microsoft office
- At least 3 years of experience at real estate or constructions field
- At Least 1 year experience in using ERP System
- high ability to learn
- high reporting skills and communication skills
- team player and organized
- high analytical skills