Cost accountant
INTEGRATED PLASTICS PACKING FZCO
مجموع سنوات الخبرة :12 years, 7 أشهر
• Prepared estimates for the cost of new and proposed products.
• Provided pre-costing for Job Orders to the Sales department, facilitating profitability analysis before order confirmation.
• Recommended cost efficiencies in designing new product layouts.
• Coordinated with the technical team, offering alternative options to ensure the best pricing for customers.
• Prepared and maintained standard costs for new and existing orders to facilitate comparisons at various stages of analysis.
• Periodically reviewed standard and actual costs to identify inaccuracies.
• Developed and maintained accurate records of work order costs, covering materials, labour, and overhead expenses.
• Analysed work order costs, comparing them to estimated costs to identify variances and discrepancies.
• Conducted month-end stocktaking of Work in Progress (WIP) and raw materials, reporting irregularities to the store’s manager.
• Performed monthly analysis of time utilisation for over 15 high-speed machinery units in the Packaging Industry.
• Updated and maintained the costing database, ensuring data integrity.
• Cross-verified various data points to identify discrepancies in the database.
• Calculated and maintained costs for various elements such as ink mixtures and adhesives.
• Reconciled material consumption with material issues from the stores department.
• Supported top management in special project pricing discussions, including bids, tenders, and major orders.
• Prepared Management Information System (MIS) reports as required.
• Conducted analysis of the Bill of Materials (BOM) for various products, comparing them with actual, and providing variances.
• Finalizing for the Canadian cooperate Accounts
• Auditing of documents provided by clients
• Maintaining books of accounts for the client
• Worked on ASPE accounting standard for private equity firms
• Preparation of Trial balance in caseware software
• Preparation & Analysis of Financial Statements
• Variance analysis of Balance sheet a/c (Cash, A/P, A/R )
• Finalization of Accounts.
• Preparation of fixed asset calculation (eg. Plant & machinery, equipment etc.)
• Preparation of various investment accounts
• Preparation and estimating income tax for the corporate clients
• Maintaining Books of Accounts.
• Managing petty & main cash account.
• Preparing BRS & MIS reports.
• Auditing Daily Transaction.
• Preparing Day Books & Ledger Accounts.
• Preparing payments by verifying documentation
• Preparing Stock Statement