Cost Controller– Finance
Mattex Group (KSA
مجموع سنوات الخبرة :15 years, 3 أشهر
Key Responsibilities:
• Review historical data to make data-driven budgetary recommendations.
• Conduct in-depth cost analyses of manufacturing processes.
• Investigate and report on budget variances, explaining the causes of discrepancies.
• Prepare and present comprehensive financial reports, including cost reports, margin reports and sales reports to senior management.
• Participate in internal and external audits related to cost control and financial management.
• Calculate NGP for company products and present it to senior management for effective decision making.
• Led the annual budget planning process, collaborating with department heads to ensure accurate forecasting.
• Collaborated with the inventory management team to minimize excess or obsolete inventory.
Key Responsibilities:
• Establish costing after discussing the scope with the sales team and coordinating with Fleet and procurement department.
• Review costing in Microsoft dynamics.
• Ensure effective management of stock levels.
• Review monthly &yearly budgeting of the company.
Working as senior cost analyst
identified opportunities to the Corporate Planning Head discuss & agree on the action plans to improve refinery profitability.
Assist in action planning on loss making refinery products
Assist in the benchmarking process to establish internal standards for management reporting
Provide monthly P&L report to director of the companhy
Provide timely, relevant, and accurate reporting & analysis of the results of the operational performance against historical & approved budget to facilitate profitable decision-making.
Key Responsibilities:
• Analyze Financial Statement of the company and the performance of the group as a whole. Draft a monthly report for the top management highlighting main features/shortcomings in the operations.
• Identify new investment opportunitiesto the Corporate Planning Head discuss & agree on the action plans to improve refinery profitability.
• Provide timely, relevant, and accurate reporting & analysis of the results of the operational performance against historical & approved budget to facilitate profitable decision-making.
• Ensuring preparation of fixed assetschedulesfor inclusion in year-end statutory financial statements and monthly reports for board meetings.
• Preparing, controlling & reporting of CAPEX budget.
• Manage funds of $3.0 million in various investment portfolios such as TDR, T-bills and PIBs for Parcos group of companies.
• Maintain the Financial Statements of PARCO and its joint venture companies and analyze the actual performance against the budgeted.
• Monitor relevant Government policies and regulations. Collaborate with the Ministry and draft responses to the Governmental authorities and related organizations. Provide necessary information, data as requested by Ministry such as Ministry of Energy (Power Division), Ministry of Energy (Petroleum Division).
Key Responsibilities:
• Coordinating with relevant personnel for developing As-Is process narratives.
• Understanding and analyzing the design and effectiveness of internal controls over financial reporting.
• Preparing Risk and Control Matrix for testing of control applicable on financial reporting.
• Identifying gaps, Control weakness in the As-Is processes and reporting them to the management and external auditors.
• Developed complete standard operating procedures for finance and accounts department of various companies of different industries including Retail, Banking and Manufacturing.
• Assisting clients in preparation of financial statements and group reporting packages in accordance with the applicable financial reporting framework including compliance with IFRS, IFRS for SMEs, and directives issued by the SECP.
• Ensuring compliance and application of knowledge with respect to the requirements of International Standards on Auditing (ISAs), International Financial Reporting Standards (IFRS), IFRS for SMEs, and directives issued by the Securities and Exchange Commission of Pakistan (SECP)
• Understanding of entitys process flows and analysis of design and effectiveness of internal controls implemented by the entity over different business processes, identifying control deficiencies and making recommendations to the management to align the Organizations internal control environment with the Global Best Practice
Key Responsibilities:
• Coordinating with receivables and recovery management team.
• Expense reconciliation, verification and posting in the SAP.
• Preparing bank reconciliation statement
• Performed monthly stock counts with the finance team.