NISHAD ABDULKHANI

of Direct Material spent in production of finished goods and insuring that properly spent in production
•Calculating and analysing all other indirect costs and allocation to finished products using an appropriate cost allocation method
•Analysing depreciation expenses (Direct and indirect) and allocating to products according to appropriate cost allocation method
•Ensuring that the total product cost matched to the cost that recorded on the accounting program to make sure that all direct and indirect costs has been properly recorded and allocated and confirm with that appears on the trial balance.
•Preparing and supervising for monthly actual count for the all raw materials and finished products then identify and analyse variances.
•Monthly review of cost of goods sold and make correction if needed
•Helping to find out cost of production and fixation of selling prices of the product or process job or operation. It also helps in preparing necessary tenders or quotations.
•Measurement of efficiency of each product, process or departments by applying standard cost method.
•Controls cost by setting standards and compared with the actual. The deviations between them are identified and if required necessary controlling measures may be taken.
•Reports to the management periodically, which may be monthly, quarterly or half-yearly. According to the reports of the cost accounting, the management takes necessary decisions.
•Make changes in direct material related to production. according to change in recipes
•Update product catalogue in case of new item purchased or produced. Also updating the supplier records according to new supplier
•Control over Complementary quantities and accounting for it by issuance of transfer document from finished goods warehouse after obtaining required approvals and signatures
•Coordination with Payable Accountants and delivering of original Docs. (Purchase Invoice, Receiving report.
•Review the purchase price variance. follow up the reason for such difference
•Monthly posting of following transaction to inventory and finance module after detailed examination.
•Adjustment related to consumable items and complimentary goods on sale (side dishes)
•Allocation of expenses to cost of goods sold. Which is related to finished product sales.
FINANCE AND

Prepares and records asset, liability, revenue, and expenses entries by compiling and analysing account information.
•Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions, resolving discrepancies.
•Communicates audit findings by preparing a final report.
•Discussing findings with auditees travelling to different sites to meet relevant staff and obtain documents and information.
•Process all company payments for approval and verification by the financial controller
•Supervision of monthly payments and reports to be given to subcontractors and suppliers.
•Constant monitoring and updating of staff payroll transactions with regards to their joining, new salary, leave, termination, resignation, etc.

keeping.
•Corrects errors by posting adjusting journal entries.
•Maintains general ledger accounts by reconciling accounts receivable detail and control accounts.
•Adjusting entries for amortizations prepaid.
•Analysing and reconciling retain age and accounts payable ledgers.
•Preparing fixed asset depreciation and accruals.