Cost accounting supervisor
Roots Steel international
مجموع سنوات الخبرة :13 years, 0 أشهر
• Preparing monthly allocation in order to calculate the cost of goods sold .
• Preparing the monthly costing report compared with the budget & explaining the reasons of variations.
• Ensures that cost management activities are managed in accordance with the company's procedures and work instructions .
• Provides the accounting manager with total commercial overview through estimating and budgeting, risk management, interoperation of information, variance analysis, trending and forecasting .
• Ensures costs are controlled by the teams within budget and reporting, also the cost control is maintained from inception of completion .
• Proactively identifies changes that have a commercial implication and ensures that changes are tacked and reported through the trend process .
• R1eviewing and Auditing the transaction of all inventories .
• Manage the physical count of the all inventories every quarter and at the end of the financial year with external auditors .
• Supervises the timely preparation of cost estimates, prepare and analyze comparisons of quantities and cost data .
• Perform productivity analysis of operations and verifies results .
• Prepares detailed staffing plans for cost activity .
• Perform data analysis, identifies problems and makes recommendations .
* Manage a team of 3 management accountants, Manage the day to day supervision, training and development of the team.
* Run the month end process for costs and make sure all deadlines are met. Provide commentary and analysis of costs against Budget and latest forecast.
* Provide commentary and analysis of costs against Budget and previous month’s forecast. Provide details of Risks and Opportunities for costs to ensure that BPP are able to manage the expectations of its shareholders.
* Ensure that spending is recorded accurately in the books. Invoices are coded to the correct Nominal/Cost Centre and Project. This will ensure that variances generated are a true reflection of current financial position. Provide guidance to the business of the coding structure.
* Analyze capex for the business and ensure that capex stays within Budgeted targets. Provide analysis each month showing variances against Budget and latest forecast. Ensure that capex is re-forecasted each month and provide analysis against previous forecast and Budget.
* Provide monthly summary analysis of headcount and related costs to senior management.
* Assist the business with the annual Budget process by engaging with Budget holders to deliver Budgets within targets. Develop a process that collects the Budgets from the business along with bottom up drivers that support the budget for each nominal .
* Full balance sheet reviews on a monthly basis, look to continually improve balance sheet reconciliations each month. Follow up on queries. Ensure that balance sheet accurately reflects current assets and liabilities of the relevant area of the business (i.e. accruals).
* Provide support during the annual audit process by working with the auditors to answer queries and provide analysis as required in a timely manner.
* Determine Each Product Materials In a standard Form list.
* Determine D.M, D.L and M.O.H and Start Applying The M.O.H On Each Product.
* Create The Financial strategy and Tactical Planning for The Whole Company.
* Perform Budgeting Elements, and start analyze the Variance.
* Calculate The Cost, Contribution Margin for Each Product and the Breakeven Point Of Production.
* Control The Inventory Movement and Linked it with the current production inputs.
* Perform system For Continues Improvement and using All Managerial accounting Techniques.
* Determine Cost Centers and trace to Each Item (assets & expenses)
* Expenses analysis to each Cost Centers .
* Record fixed assets in assets register and calculate rates & values of the depreciation.
* Allocates Overhead Cost according to Most appropriate methods.
* Create Statements of production after trace and allocate each process of each actual cost .
* Collect financial data to make a budget for next year, quarter or month.
2015 CMA Certification (Part 1 ) by Studying with Brooklyn Academy.(IMA Member ), still studying for part 2. 2013 Higher Diploma in Cost Accounting in Ain Shams University. 2011 Certified in computerized accounting from (RCSC- Cairo university). 2010 graduated from the Faculty of commerce Cairo University.
