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Costing Section Head

Nasr City, Cairo
Posted 11 months ago
131Applicants for1 open position
  • 118Viewed
  • 17In Consideration
  • 0Not Selected
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Job Details

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Job Description

  • Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor, and Analyzing data collected and recording results.
  • Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
  • Implements the day-to-day operations of the cost accounting function from management of unit costs to monthly close and analysis.
  • Perform the monthly closing activities including preparation of the cost statement along with supporting analysis.
  • Proactive analysis of variances and communication of issues and opportunities to the rest of Finance.
  • Develop metrics and tracking system for major cost drivers.
  • Implement policies and procedures for all cost accounting activities.
  • Responsible for Inventory accounting and reporting.
  • Coordinate physical inventory counts and cycle counts.
  • Investigate cycle counting variances and resolve issues.
  • Review standard and actual costs for inaccuracies.
  • Validate the cost of goods sold as part of the month-end close.
  • Accumulate and apply overhead costs as required by generally accepted accounting principles.
  • Work with the materials review board to locate and dispose of obsolete inventory.
  • Preparing new &various reports and analysis ordered by manager in high flexibility & creativity
  • Work closely with the accounting team to ensure accurate financial reporting and decision support.
  • Evaluate financial performance by comparing and analyzing actual results with plans and forecasts & perform variance analysis to make recommendations for improvements.
  • Prepare monthly/quarterly/annual unit cost and profitability analysis for the Sector.
  • Preparing Feasibility studies and evaluation for new projects & expansions

Job Requirements

  • Bachelor’s degree in Accounting
  • Strong analytical skills
  • Ability to lead, motivate and support accounting team Strong communication skills .
  • 5 - 8 years of experience in cost accounting .

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