Cost Controller
AL SHOROUK HOSPITAL
Total des années d'expérience :19 years, 6 Mois
Cost Duties:
Collect cost information and maintain an expenses database Determine fixed costs (e.g. salaries, rent and insurance) Plan and record variable costs (e.g. purchases of raw material and operations costs) Review standard and actual costs for inaccuracies Prepare budgeting reports (for the company and for each department) Analyze and report profit margins Prepare (monthly, quarterly and annual) cost forecasts Assisting in month-end and year-end closing Identify and recommend cost-effective solutions Implements the day to day operations of the cost accounting function from management of unit costs to monthly close and analysis Development and maintenance of standard costs Perform the monthly closing activities including preparation of the cost statement along with supporting analysis Proactive analysis of variances and communication of issues and opportunities to the rest of Finance Develop metrics and tracking system for major cost drivers Implement policies and procedures for all cost accounting activities Responsible for Inventory accounting and reporting
Stock Control :
• Audit warehouse receipts with purchase orders and suppliers statement
• Work the stores' addition, issuing and adjustment operations
• Do the Comparably between Purchasing Adding with Suppliers PO (Cr / Suppliers = DR / Stock) Price
• Record in the statement (of account) for suppliers
• Work on all inventory Kind (Raw, Packing, Semi, FG, Spare parts (technical store)
• Do monthly reports for stock of the company for finished products & Write off all bad Goods from all Warehouses
• Follow-up all inventory transaction linked with inventory Expenses Account and validate
• Forecasting supply and demand to prevent overstocking and running out-of-stock (OOS)
• Submitting purchase details (vendors information, invoices and pricing) to internal databases
• Placing orders to replenish merchandise as needed
• Enter shipping and inventory data in computer system
• Manage purchasing orders for incoming equipment, services, and supplies
• Verify receipts and confirm purchase contents and orders are complete
• Create and maintain detailed inventory of all incoming, outgoing, and current supplies
• Prepare inventory for deliveries and shipping
• Track and ensure deliveries are received
• Compile reports inventory and supply balances
• Make note of damaged inventory
• Maintain records of purchases, pricing, and other important data
• Ensure supplied stocks meet demand
• Prevent overstocking and ordering
Payable Duties:
Validate vendor accounts master data; maintain the vendors’ files, historical records, contracts, invoices and relevant documentation.
Verify the accuracy of A/P information such as coding of vendor, cost center, general ledger account, and Bill amount.
Handle and review incoming payable documents, confirm of accounting procedures approvals, and processing in a comply with company’s regulation and rules
Define vendor statement, Analyze vendor credit applications and support in resolving vendor’s issues with concerned parties.
Ensure that the creditors’ ledger is operated accurately, efficiently and to agreed timescale.
Ensure smooth operation of the weekly payment runs and adequate checks to ensure that the correct payments are made to the correct creditors.
Cost Duties: Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor. Analyzing data collected and recording results. Analyzing changes in product design, raw materials, project implementation methods or services provided, to determine effects on cost. Analyzing actual production costs and preparing periodic reports comparing standard costs to actual production costs. Recording cost information for use in controlling expenditures. Analyzing audits of costs and preparing reports Making estimates of new and proposed product costs
Financial Tasks:
- Prepare journal entries assist with preparation of monthly financial Reports
- General ledger operations
- Coordination of the audit process internal financial controls and procedures
- Prepare financial statements(Income statement and Balance Sheet)
- Handel with accounts receivable and accounts payable
- Handel in budgets and forecasts
- Account/bank reconciliations
- Follow-up and coordination of liquidity And this by a review of values received from local and international Customers as well as the outgoing values to suppliers
- Follow-up and review of the documentary inventory of the stores, according to Bills of exchange and supply of goods and supervision of the physical inventory of the goods and Review of the annual inventory of the institution.
Cost Tasks:
Monitor and maintain inventory costs integrity on a timely basis. Analyze and monitors raw material inventory. Prepare detailed account analysis and reconcile sales, cost and inventory liability accounts Analyze cost accounting data and assist with cycle count/physical inventories. Compare actual costs to estimates and analyze variances. Revising Bill of Materials & Costing sheets Reviewing work orders
Worked as an GL Accountant Prepare journal entries Complete general ledger operations Monthly closings and preparation of monthly financial statements Reconcile and maintain balance sheet accounts Draw up monthly financial reports Prepare analysis of accounts as requested Administer accounts receivable and accounts payable Prepare tax computations and returns Monitor and resolve bank issues including fee anomalies and check differences Account/bank reconciliations Review and process expense reports Assist with preparation and coordination of the audit process Assist with implementing and maintaining internal financial controls and procedures
Worked as an Accountant & Auditor :
-Prepare financial statements’ accounts according to Egyptian Accounting Standards.
-Prepare trial Balance and financial statements according Egyptian Accounting Standards.
-Prepare all financial statements accounts by Excel.
-Specialist in Tax accounting &founding companies.
-Prepare and calculate the sales tax and tax return.
-Handle accounting material and book keeping in the accounting records according to the Accounting assumption.
Prepare financial statements’ accounts according to Egyptian Accounting Standards.
-Prepare trial Balance and financial statements according Egyptian Accounting Standards.
-Prepare all financial statements accounts by Excel.
جامعة القاهره