Cost Accountant
Saudi Lamino Company Limited
Total des années d'expérience :26 years, 7 Mois
Prepared adjusting entry of raw materials consumed in production with wastage & rejections after physical count by cost centers quarterly
Prepared adjusting entry of direct labor used in production by each cost centers quarterly
Prepared adjusting entries of direct & indirect factory overheads by each cost centers quarterly
Conducted quarterly and yearly inventories of warehouse raw materials stocks & finished goods stocks by each cost centers
Prepared quarterly cost of sale report
Monitor actual costs against standard cost and analyze variance against standard cost
Prepared quarterly financial reports, cost of production, income & expense statement and balance sheet
Prepared yearly budget of sale, production, purchase & cash flow and keep follow up for review
Prepared cost estimation of special projects and other associated reports
Prepared report on break even points and analyze the actual cost against margin
Fix the sale price after analyze the actual cost quarterly
Prepared costing of new product model developments
Prepared sales invoices after checking against approved prices
Prepared employees vacation/final settlements
Assistance of smooth execution of external audit.
Prepare daily updated cash and bank balances report for the finance manager
Controlling all general ledger accounting activities
Reconciliations of banks, suppliers & intercompany accounts and resolves the variances
Checking & Analyze of different projects petty cash reimbursements.
Checking sales invoices and purchases with the supporting documents
Checking payroll and settlement of employees benefits
Prepare various financial analysis reports as required by the management
Checking accounts receivables and payables
Assist with implementing and maintaining internal financial control and procedures
Perform duties with attention to detail and accuracy, maintain problem solving skills
Assistance of smooth execution of external audit.
Report to Finance Manager
Prime responsibilities Includes: Reports to: Chief Executive
Preparation and computerized data entry of vouchers
Preparation bank reconciliation
Monitoring Imports
Control the accounts receivables & payables
Preparation and distribution of payrolls
Maintain store & stocks with minimum and maximum levels as per company policies
Computation of monthly production cost per product and per sections
Preparation and submission of income tax & sales tax monthly and annually returns
Preparation of financial reports includes trial balance, income & expense statements
Assistance of smooth execution of External Audit (conducted by (Masud Rouf & Co)
Prime responsibilities Includes:
• Directly reports to Chief Auditor
• Auditing of purchase book, sales book & stock book
• Auditing of day book, cash book, & bank book
• Making sales tax, income tax returns
• Finalization of P & L A/C & Balance Sheet
Passed in Good Marks
