Senior Cost Controller
GHABBOUR AUTO
Total des années d'expérience :8 years, 11 Mois
My core responsibility’s domain mainly involves the process of budgeting and cost control of the “GB auto” enterprise’s supply chain activities, in charge of the following tasks:
•Developing different supply chain annual budgets and business plans by deeply managing the process of cost aggregation in light of the analysis of the previous year actual cost closure and keep eyeing on the approval process until granting an approved budget.
•Dominating monthly supply chain expenses, ensuring proper cost allocation on relevant costs centers and liaising with the finance team for the required cost reclassification / reallocation.
•Controlling budgets and spending plans, upholding the approved spending targets scenarios. Analyzing the deviations between Actual and Budget.
•Updating the monthly cost reports, spotting the variances, reporting the areas of concern to the head of supply chain and attending monthly business review meeting to justify variances and recommend corrective actions.
•Analyzing monthly transportation fleet operations costs and reporting various KPIs (fleet cost per km, cost saving, profitability, time utilization efficiency and optimum cargo cost) and issuing periodic and ad-hoc reports.
•Following up daily operating costs and liaising with the head of transportation to verify and review job orders’ expenses documentation, ensuring the applicability of the company’s financial standards and policies.
•Monitoring the transportation activities treasury by managing the process of cash-in / out and conducting routine inventory.
•Forecasting assets and depreciation costs of the company’s warehouses and transportation fleet.
Additionally, a new subsidiary has been established to manage the logistical activities (warehousing rental, transportation, Freight forwarding and Customs), named “GB Logistics”. I am currently working as the cost control focal point, directly reporting to the Managing Director, performing the following tasks:
•Developing annual budgets and business plans (forecast sales and revenues, expenses budget, cash flow statement and breakeven point analysis), adhering to the enterprise financial standards and cost control best practices and policies.
•Setting up the business model, developing the subsidiary pricing structure of the logistical activities, considering marginal cost escalation according to forecasted market prices and costs fluctuations.
The main job is to manage all the accounting and costing tasks related to the business activates carried out by the various company branches. The key responsibilities areas:
•Costing all the company products considering direct Martials, direct labor and overhead.
•Controlling the cost by following up the production process, the material needed for the production besides inspecting the finished products and monitoring the cost periodically by comparing the actual consumption of the materials by the standard consumption to identify the shortage or the over.
•Determining the final sales price for the company products considering the cost and applying the company profit margin besides considering the company's competitors prices and the targeted consumer.
•Estimating the cost and revenues to set up the income statement for the branches newly opened.
•Issuing the all required financial statements to identify the company's financial situation.
•Recording all the journal entries in the general ledger.
Certified management accountant diploma from Institute of management accountant (On going).