Khaled Farouk Abdelaziz

Cost Accounting ManagerFull Time

• Job Details:Analysis : • Analyze fixed costs (e.g. salaries, rent and insurance) and variable costs (e.g. purchases of raw material and operations costs) • Analyze and review budgeting reports (for the company and for each department) to enhance profitability. • Supervise Analysis of profit margins to monitor cost efficiency. • Identify and recommend cost-effective solutions to meet the company`s strategic plan. • Approve estimates for use in selecting vendors or subcontractors. Data Collection : • Establish data accumulation systems for a cost accounting system. • Prepare (monthly, quarterly and annual) cost forecasts to meet the company`s strategic goals. • Collect historical cost data to estimate costs for current or future products to maintain cost efficiency. • Assess cost effectiveness of products and services, tracking actual costs relative. • Conduct special studies to develop and establish standard working rates (hour – item), reporting systems and procedures in addition to any other related cost data or to effect cost reduction. • Visit Company branches to estimate information about cost and availability of services such as water and electricity. Inventory : • Monitor the company`s warehouses (physical inventory counts and cycle counts). • Recommend cycle counting workflow to reduce wastes. • Monitor and analyze the cost of items sold as part of the month-end close • Review and apply overhead costs as required by generally applied cost accounting principles. • Recommend disposition workflow of the obsolete inventory to enhance cost efficiency. Other Tasks : • Develop all needed reports to be submitted to the direct manager. • Follow the instructions, requirements of the quality, safety and occupational health, the environment and road safety management system. • Perform any other assigned tasks as required by the direct manager within the same level of responsibility.

Cost Accounting ManagerFull Time

• Job Details:• Review and approve product recipe with standard BOM and routing including standard cost for material labor and overhead. • Analyze monthly production cost per SKU and brand including effect of actual cost fluctuations on GM%, efficiency variance and price variance. • Lead the preparation of budgets and cost applications including budget narrative and requires cost proposal documents. • Supervise and review budgets and cost application documents prepared by juniors staff and/or finance program staff. • Oversee the pricing table preparation and work with local/foreign purchasing dept. and supply chain to ensure forecasted material, packaging and other supplies. • Ensure all contractual compliances requirements and documents included in each cost proposal. • Calculate and analyze of sales mix variance, budget volume variance specifying the most profitable product portfolio. • Analyze and report for production line utilization and the possible alternatives to achieve economic operating of production lines. • Calculate transfer prices of all products for export department reaching the most competitive prices with sister companies. • Negotiate raw material prices with local/foreign supplies, freight rates and cost of services. • Prepare product cost Estimation for NPD (New Product Development) meetings for pricing decisions. • Participate in Innovation meetings calculating opportunity cost for market penetration/Expanding. • Handling all inventory cost control and stock take procedures including yearend closing physical count. • Work closely with counterpart's finance and compliance teams to develop templates, conduct training for staff and mentor program management teams to entrench sophisticated budgeting and pricing skills within the team.

Cost Accounting ManagerFull Time

• Job Details:• Prepare and review cost structure modules for Passenger car, Turks, Heavy trucks, Commercial vehicles on a monthly basis. • Monitor allocating of the company actual overhear heads to all cost centers. • Preparing departments' performance reports analyzing variances between actual and budgeted expenditures. • Monitor actual cost trend fluctuating on a monthly basis for material, labor and overheads. • Calculate inventory turnover and inventory cost projection cost based on suppliers contracts and potential price increases during the year. • Calculate inventory provisions, Inventory writ-offs for the delisted items (Obsolete& Surplus). • Prepare year end stock taking procedures and reconciliations. • Participate in pricing decisions to calculate targeted/Competitive gross margins per product and brand. • Communicate with internal/external audit reviews in a monthly/Yearend basis for costing audit task list. • Prepare monthly costing flash and performance reports.