Cost Accounting Manager
Hadi Clinic
Total des années d'expérience :27 years, 8 Mois
Reporting to Finance Manager
Monthly MIS
Cost study
Pricing and Tariffication
Asset Management
Monthly BSC
Equipment utilization and Return on Investment (ROI)
Staff Payments
Assisting FM and working with internal and external auditors to prepare financial
reports.
Any other task assigned by the Management.
•Report to COO
•Supervision of complete finance department.
•Oversee the day to day activities of the finance team and supervised and evaluated work
of departmental staff.
•General Payments and MIS
•Incentive Calculation.
• Cost study, pricing and tarification. Cost center budgeting, controlling and reporting.
•Review Payroll detail reports and coordinate with HR for any pending issues.
• PO review and approval.
• Administered everyday operations for managing accounts according to company
procedures.
•Supervise / manage month‐end and year end closing of the books in accuracy with analysis
on a monthly and yearly basis.
•Review financial data and prepare weekly, monthly, quarterly and annual reports.
•Assisting COO and working with internal and external auditors to prepare financial reports.
•Any other task assigned by the Management.
• Report to CFO
• Supervision of complete payroll functions in order to ensure that staff are paid in and accurate
and timely manner and Incentive as per Kuwait Labor Law.
• Prepare monthly reports like, payables, receivables, monthly expenses, cheque lists,
Bank Reconciliation, Manager’s and Doctor’s remuneration.
• Liaison with IT & Finance.
• Profit & Cost Studies.
• Supervision of General Payments and Petty Cash.
• Administered everyday operations for managing accounts according to company procedures.
• Assisting CFO and working with internal auditors to prepare financial reports.
• Liaise with auditors to ensure annual monitoring is carried out and coordinate and follow up with
external auditors (E&Y) for year-end audit.
• Maintained records for accounting and prepared controls for outstation.
• Developed financial policies and procedures and ensured effective implementation.
• Prepare monthly MIS reports
• Prepare detailed expense analysis reports.
• Perform financial analysis and reporting to management as needed.
• Handle legal matters and liaise regularly with legal advisors.
• Analyzed and researched all issues and recommended resolution for same.
• Finalization of quarterly and annual consolidated accounts.
• Issuing the interim consolidated financial statements.
• Control monthly accounts closing.
• Oversee the day to day activities of the finance team
• Supervised and evaluated work of departmental staff.
• Maintain a filing system for all financial documents.
• Ensure that confidentiality and security of all financial files.
• Coordinate with finance team to complete assigned accounting tasks within deadlines
• Report to CFO
• Cost Study & Reports.
• Pricing & Tarification
Complete payroll functions in order to ensure that staff are paid in and accurate
and timely manner and Incentive as per Kuwait Labor Law (500 plus employees)
• Staff Payments
• ESB (End of Service Benefits)
• Incentive
• MIS Reports
• Revenue Reports
• Departmental Financials
• Part time Doctors (MIS & Payments)
• Carry out cost saving analysis and provide recommendations.
• Support in analyzing key expenses.
• Support month close activities and analyze results
• Update financial and/or managerial reports.
• Management of the Accounts.
• Managing all facets of Cost Accounting including Budgeting & Forecasting, Financial Analysis, Variance Reporting/ Analysis, Cost Control, New Product Costing, Inventory Valuation & Analysis etc.
• Supports internal and external auditors in ensuring that audits are completed timely by the year-end through collaborating sufficiently and providing the necessary data.
• Maintains the Company’s standard for the Professional Practice of Internal Auditing and the code of Ethics.
Previous Responsibilities:
•General Payments
• Petty Cash
• Fixed Assets Accounting
• Advance to Suppliers
• Visiting & External doctors reports & payments
• Financial: General Ledger & Bank Reconciliation
• Aging and verification of inventories.
• Sales: Receivable Management, Sales Order Processing & Invoicing
• Purchasing: Payable Management & Purchase Order Processing
• Prepared journal vouchers, accounts statement, etc.
• Prepared financial statements, balance sheets, income and expense reports, and cash flow analyses, in addition to the supporting schedules to assure timely completion according to the monthly close schedule.
• Inventory: Bill of Materials, Physical Verification of Stocks, and Preparation of related reports.
• Human Resources: Payroll preparation and other employee benefits & Bank reconciliation
• Conducted assigned audit engagements successfully from beginning to end.
• Accounting, Auditing and Investigation.
• Evaluation of internal control system.
• Designing of Accounting System.
• Preparation of financial statements.
• Bank Audit: Concurrent & Statutory Auditing, Asset classification & Revenue recognition.
• Taxation: Tax Computation, Legal Compliance, Return Filling and Submission.
• Cost Accounting: Cost Study, Cost Control, Management Information Reports.
• Ability to apply audit standards through practical application.
• Builds strong working relationships with clients.
• Identifies and communicates engagement issues as well as engagement progress in a timely and organized manner.
• Works as an effective team member to complete project components and assigned tasks, including: o Completing segments of audits, compilations and reviews.
o Assisting with the preparation of financial statements, footnote disclosures and management letter comments.
o Assisting with engagement administration including audit programs, budgets and engagement letters.
• Ability to quickly adapt to changing client and business dynamics
Maintenance of books of accounts in computerized accounting system.
Negotiation with vendors / suppliers & establishing letter of credit with bank.
Placing orders with minimum quantity and enough satisfaction.
Follow op of documents either from bank or directly from the supplier.
Feed back to the shipper ensuring the nature of the goods received and put up claim if any damage or shortage foundSelling price calculation of least moving/out of market item.
Selling price calculation of least moving/out of market item.