Cost Accountant
CorePac Industries LLC
Total years of experience :12 years, 3 Months
Report to the General Manager.
Plan and record variable costs (Purchase of raw material and operational cost)
Review standard and actual costs for inaccuracies
Analyze and report profit margins
Assist month - end & year - end Closings.
Collect cost information and maintain an expense data base
Construct data accumulation system
Determine fixed cost ( Salaries, rent & Insurance)
Study, review and reconcile variance in report and data. Compare with the BOM.
Report to the Finance Manager.
Oversee the daily accounting activities required to maintain the company’s general ledger in all aspects.
Ensure the timely reporting of all monthly financial information.
Ensure completion and review of all post-close reconciliation.
Ensure all balance is property supported and documented.
Support budget and forecasting activities.
Prepare for and ensure a clean and timely year-end audit. Prepare reports required by the regulatory agencies.
Reconcile and maintain balance sheet accounts
Prepare Payrolls Calculations, Employees end of service benefits, Overtime, Annual leave Salary & Ticket.
Insurance follow up & Reconciliation of Insurance Company ledgers.
Reporting to Operation Manager.
Manual & Computerized Accounting up to Finalization.
Maintain fixed asset reports.
Establish, maintain and coordinate the implementation of accounting and accounting control procedures.
Monitor and review accounting and related system reports for accuracy and completeness.
Analyze revenue and expenditure trends and recommend appropriate budget level and ensure expenditure control.
Prepare Payrolls Calculations, Employees end of service benefits, Overtime, Annual leave Salary & Ticket.
Resolve accounting discrepancies.
Interact with internal and external auditors in completing audits.
Assists with the preparation of the annual and midyear budgets.
Reconciliation of bank statement on a monthly basis.
Report to the Group Financial Controller.
Reconciliation of bank statement on a weekly basis.
Preparation of monthly creditor’s reconciliation statement.
Follow up of the suppliers and customers according to their statement.
Make wire transfers and journal funding transfers and reconciles monthly bank statements
Calculate and prepares reimbursement billings and tracks receivables; reconciles monthly accounts receivable.
Prepares monthly financial statements, including distributing monthly revenue and expenditure reports to departments.
Reconciling accounts, records, reports and journals.
Prepare profit and loss statements and monthly closing and cost accounting reports.
Make warehouse-wise inventory using Tally and preparing stock register.
Tallying stock weekly with the assistance of storekeeper.