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Senior Cost Accountant

2 months ago

Cairo, Egypt lxbfYeaa Full time

1- Industrial Costing:

Monitoring daily and weekly orders and at the end of each month to ensure they are properly posted in the correct accounting cycle.Prepare regular cost reports and variance analysis to identify discrepancies and areas for improvement.Collaborate with finance and accounting teams to reconcile inventory accounts and ensure accurate reporting of inventory valuation and cost of goods sold.Monitor and evaluate cost trends, highlighting potential cost-saving opportunities or risks.Allocate costs to appropriate cost centers or products to ensure accurate cost accounting.Implement cost control measures and best practices to optimize operational expenses without compromising quality.

2- Stock Controlling:

Manage and maintain the companyâs material and stocked product inventory including stock profiles and stock locations.Ensure proper implementation of policies and procedures set for inventory transactions.Follow up on imported and local purchase orders and processes, ensure continuous system update with stock level and note discrepancies upon receipt of shipmentsConduct periodic inventory reconciliations and ensure proper accounting treatment for inventory-related costsFollow up with the inventory team, providing needed guidance and support as it relates to financial accounting and reporting of inventory.Perform month-end close activities related to inventory.Coordinate with procurement and supply chain teams to ensure timely procurement of raw materials and finished goods to support production and sales requirements.Follow up warehouse policy and proceduresPrepare various financial analysis related to costs, inventory and expense for various products as needed for decision making support.Work closely with various departments such as production, procurement, and finance to gather relevant data and insights.Analyze inventory aging and slow-moving stock, and develop strategies to minimize obsolescence and maximize inventory turnover.Generate regular reports and analysis on inventory performance, including stock turnover rates, carrying costs, and obsolete inventory provisions, and provide insights and recommendations to management.Monitor inventory levels, sales trends, and demand forecasts to optimize stock replenishment strategies and minimize stock outs and excess inventory.
 Bachelorâs Degree in Accounting- preferred English section.Minimum 5 Yearsâ experience in same position is must .and overall, up to 12 years.Proven experience as a Senior Cost Accountant, preferably in a manufacturing or production environment.Strong analytical skills with the ability to interpret complex financial data and perform cost analysis.Proven ability to calculate, post and mange accounting figures and financials records.Experience in dealing with ERP accounting systems is must.Proficient in Microsoft Office applications.Excellent command of English written and spoken.Perfect communication skills, strong presentation skills and Analytical skills.High degree of accuracy and attention to detail.Ability to meet deadlines.Time management skills.Strong organizational and documentation skills.Following up and problem-solving skills.Â