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Cost Accountant

TH F & B Investments
Sheraton, Cairo
Posted 1 year ago
139Applicants for1 open position
  • 18Viewed
  • 4In Consideration
  • 0Not Selected
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Job Details

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Job Description

The Cost Accountant position is part of our Finance and Accounting team. The team is generally tasked with account receivable and payable, fixed assets, taxes, inventory management, budgeting, reports and financial statements, legal compliance and financial control, and record-keeping. As a cost accountant, you will be overseeing and analyzing cost expenditures and purchases within the organization. You will also be reviewing services and goods, record data, and make recommendations about cost-efficient and financially feasible cost options.

You will be reporting to and supervised by the acting Accounting Manager.

Job Duties and Responsibilities

  • Develop and maintain the cost accounting system, documents, and records of the organization.
  • Analyze and recommend costs and cost savings.
  • Prepare and complete internal cost audits.
  • Comply with International Financial Reporting Standards (IFRS).
  • Analyze the data collected and log a detailed record of the results.
  • Analyze any changes in goods or services provided in order to determine what effect it has on the cost.
  • Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
  • Make estimates of new and proposed product costs.
  • Provide management with reports that specify and compare factors that affect the prices and profitability of products or services.
  • Assist in audits and general ledger preparation.
  • Conduct physical inventories and monitor the cycle count program.
  • Estimating the depreciation of machinery and equipment.
  • Assist with preparing and monitoring budgets
  • Assist with annual audit preparations
  • Investigate and resolve audit findings, account discrepancies, and issues of non-compliance
  • Stay up-to-date with financial laws, rules and regulations and internal policies

Job Requirements

Certificates and qualifications

  • A bachelor’s degree and a minimum of 3 years of experience in F&B Cost Accounting, Finance, or related area
  • Any additional training and certification in Accounting, Finance will be considered an advantage

Soft skills

  • Communication skills, leadership skills, conflict management skills, achievement motivation skills, teamwork skills, and cognitive skills
  • Conflict resolution skills: Can Promote harmony and consensus through diplomatic handling of disagreements
  • Strategic thinking: Think at a big picture level, take a long-term view, entertain wide-ranging possibilities in developing a vision for the future
  • Building internal and external working relationships (Networking): Establish and maintain positive relationships with people beyond your own team, forge links with other teams, forge useful partnerships with people across other organizations and countries
  • Flexibility: Be adaptable and receptive to new ideas; respond and adjust easily to changing work demands and circumstances; not bound by old ways of doing things
  • Actively create a pleasant human environment for work, show empathy, accountability, humility, and friendliness

Technical skills

  • Ability to input, retrieve and analyze data
  • Proven ability to direct and coordinate operations

Software skills

  • Demonstrated proficiency in the Microsoft Office and Google Suite applications
  • Odoo experience is preferred

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JobsAccounting/FinanceCost Accountant