costs department manager
مرجان لمنتجات الفايبر جلاس
Total years of experience :9 years, 2 Months
Good control over warehouses to identify stock quantities of raw materials so that the production process does not stop
.Collecting and studying data to determine activity costs at the level of all activities to determine the profits and losses of activities.
.Preparing lists of industrial costs and product costs.
. Analyze changes in cost components and evaluate products to determine cost
implications
. Preparing budgets based on production plans for each item and monitoring them to identify deviations
. Preparing standard quantities for each item and monitoring them to determine deviation.
.Preparing all the necessary reports for cost analysis on a daily basis for each independent operation to know the deviations resulting from the operation and their impact on the change in cost.
.Monitoring expenses on a daily basis to maintain the standard cost and making monthly comparisons of expenses to detect deviations
. closing expenses monthly
.Preparing financial statements
• Supervision of the accountants & the accounting department.
• Follow up with the External Auditor to get the final financial statement be.
• Recruiting and educating accounting employees.
• Supervising the GL, AP& AR team to ensure internal controls.
• Ensuring proper and timely completion of month-end, quarter-end and year.
• Providing the company’s external auditors with accounting and financial reports and data.
• Review and analyze account information to ensure accurate recording, liabilities, revenue, and expenses.
• Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions and resolving discrepancies
Prepare and support cost control engineers with recent work experience and methods to complete cost control in engineering projects in an effective manner to maintain the company's profits.
- Prepare and monitor the distribution of each project and determine the extent of the deviation in order to compare the actual to the standard by limiting the project plate and making the deviations to acceptable proportions in comparison with the actual.
- Work on the abstracts and review the terms of the contract to determine the deductions, the rates of achievement and the time rate of the project;
Working as a team with the technical office to monitor the estimated balance and determine the actual rates of achievement that are not accounted for in the client's abstracts.
Studying contracts in an accurate manner, downloading data in the form of an easy-to-present report and discussing the nature of the terms after comparing with pre-discrepancies.
To present detailed reports for each project in a monthly format and to the technical office with a view to following up with the financial management on the income of each project, the costs of the project and the rates of achievement.
Assistance in preparing financial statements in accordance with corporate policy.
Assistance in filing and reporting for internal and external review of budget work and submission to responsible entities
- Introduction and recording of daily entries (exchange bonds, receivables, bills and daily entries) in accordance with legally recognized accounting standards
- Preparation of salaries and wages
Set up a reconciliation and reconciliation with sister companies, creditors and debtors and work on resolving and reconciling accounting differences
- Preparation and issuance of payments (checks and internal and external bank transfers)
Preparing all financial statements
Follow-up of contracting extracts, construction contracts, project costs, and the manufacture of metal
• Identify and resolve unusual variances caused by complex ERP financial systems.
• Reviewing and preparing depreciation of assets and provision for leave salary and end of services
Collect cost information and maintain an expenses database
Construct data accumulation systems
Analyze and report profit margins
Prepare (monthly, quarterly and annual) cost forecasts
Develop and maintain the cost accounting system, documents, and records of the organization
Analyze the data collected and log a detailed record of the results.
Analyze any changes in goods or services provided in order to determine what effect it has on the cost.