Cost Accountant
Alarabi plastic factory
Total years of experience :7 years, 11 Months
Develop and maintain the cost accounting system, documents, and records of the organization.
• Analyse and recommend costs and cost savings.
• Analyse the data collected and log a detailed record of the results.
• Analyse any changes in goods or services provided in order to determine what effect it has on the cost.
• Analyse 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 prices and profitability of products or services.
• Performs general cost accounting and other related duties in the accounting department.
• Provides outside auditors with assistance; gathers necessary account information and documents to perform annual audit.
Post and process journal entries to ensure all business
.transactions are recorded
.Update accounts receivable and issue invoices
Update accounts payable and perform reconciliations
prepare the processing of balance sheets, income statements and other financial statements according to legal and company accounting and financial guidelines
Assist with reviewing of expenses, payroll records etc. as assigned
Update financial data in databases to ensure that information will be accurate and immediately available when needed
Prepare and submit weekly/monthly reports, Recording all the required entries to customers accounts ( Good returns & Discount on sales & Rent deductions & Promotions & contributions ) .Following collections issues directly with customers and coordinating with company cashiers & collectors .
Following and recording customers online transfers.
Sending monthly statement of accounts to customers to detect any balance differences and solving it .
prepare journal entries
complete general ledger operations
monthly closings and preparation of monthly financial statements
reconcile and maintain balance sheet accounts
draw up monthly financial reports
prepare analysis of accounts as requested
assist with year end closings
administer accounts receivable and accounts payable
assist in preparing budgets and forecasts
assist with payroll administration
monitor and resolve bank issues including fee anomalies and check differences
account/bank reconciliations
review and process expense reports
assist with preparation and coordination of the audit process
assist with implementing and maintaining internal financial controls and procedures
Accounting system design on Microsoft Exel, enter all data on the nature of the activity ( stock, invoices, cash reciepts and financial reports )
pay the bills of companies communications kuwait for customers, selling recharge cards and customer service .
Degree of Bachelor of commerce in Accountancy
