Senior Cost Controller
AL FANAR
مجموع سنوات الخبرة :17 years, 9 أشهر
Key Responsibilities as Senior Cost Controller:
Meets accounting financial objectives by forecasting requirements; preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions.
Manage day to day operations of the existing cost accounting function from management of current rates to monthly close and analysis.
Authorized for implementation of all main transactions related to costing on SAP.
Preparing & analyzing annual budget reports for the organization departments.
Creating policies & procedures for periodic inventory counting.
Acting as a head for all stock-taking committees of the company.
Guide other departments by researching and interpreting accounting policy; applying observations and recommendations to operational issues.
Implementing & developing the process of Hedging & cost booking for all critical metals as copper & aluminum aiming to guarantee the project profitability against the risk of market prices fluctuations.
Perform the monthly closing activities including preparation of the cost to operate statement along with supporting analysis.
Preparing machine rate for all productive activities.
Development and maintenance of standard costs.
Controlling costs of all products & components in addition to production routing process.
Reviewing production orders, checking WIP & analyzing production variances.
Auditing & controlling other departments’ transactions to maintain efficiency of records.
Preparing & analyzing monthly controlling report reflecting the organization activities efficiency & effectiveness including (capacity utilization, expenses recovery, stock movement, variances analysis, top materials price fluctuations…etc.)
Managing purchasing and labor practices in order to keep costs within budget while maintaining the company's production schedule.
Analyzing how to control variable expenses, suggest solutions for cost reduction, and follow its application & results.
Prepare & analyze profitability reports, aiming to support management critical decisions.
Preparing annual Balance sheet & Income statements for the whole organization.
Presenting analyzed financial statements reports to top management.
Key Responsibilities as Accounts Payable & Financial Accounting:
Managing overall accounting operations including payables, banking, assets, and payroll system in addition to monthly & annual reconciliation.
Controlling all payments process (local, foreign, freight, customs & petty cash).
Preparing and auditing all financial statements including but not limited to: monthly financial statements, monthly closings, monthly accounts payable & assisting top management with formulation of annual budgets.
Preparing & presenting monthly, quarterly and annual reports, recommended improvements in organization’s accounting and management practices.
Recruiting competent accounting personnel, training them and monitoring their performance to ensure smooth execution of all accounting activities.
Planning and evaluating all accounting procedures and policies to ensure transactions are efficient/ effective, accounting is accurate and complete.
- Auditing & controlling different companies books & documents.
- Auditing periodical financial statements & transactions.
- Controlling performance & detecting frauds.
Bachelor of English Commerce - Finance With Top grades in Costing & Accounting subjects