Costing Section Head

6 months ago


مصر, Egypt Giza Systems EG Full time

Oversee the preparation and analysis of cost reports and costing audits. Identify and examine costs that are inconsistent with projected values.
- Cost control monitoring in association with LOB heads and provide monthly financial statements.
- Manage the monthly cost accounting closing process ensuring the accuracy and timeliness of inventory and cost of sales accounts.
- Prepare daily / Monthly operation reports on sales, booking costs and other key metrics
- Monitor all the projects and follow up their progress
- Prepare monthly (or more frequently, as needed) forecasts and the annual budget process.
- Prepare estimates of costs for unique products in order to establish prices of products and to forecast production
- Proper allocation of revenue recognition according to IFRS 15
- Propre closure of financial statements for periodic audits. - Collaborate with PMO team on projects updates and closure
- Follow up with Accounting team with received items to be invoices and pending invoices.
- Perform the monthly closing activities including preparation of the cost to operate statement along with supporting analysis team.
- Help in supporting the cost team in the development of standard costing system.
- Work with the Accounting Manager in development & maintenance of standard costs.
- Coaches, develops, motivates, monitors, and follows up on team members’ performance, quality, and adherence for improving productivity and skills to ensure people development and high performance.
- Participate in the identification and recruitment of key talents for the costing team.
- Lead, guide and assist direct reports to perform their functional operations in accordance with set policies and procedures
- Set performance objectives, provide the necessary support, evaluate/appraise the team and provide regular feedback on performance

**Personal Skills**:

- Excellent communication, interpersonal skills
- Excellent analytical skills, strong work ethic and detail orientated.
- Ability to create and give presentations to executive management
- Excellent command of English
- Excellent problem-solving skills.

**Technical Skills**:

- B.Sc. in Accounting - IFRS diploma - CMA preferred
- 10-13 years of experience in Cost Accounting
- Minimum 8 years of experience in ERP Oracle Financial Fusion Cloud or EBS
- Knowledge in cost management concepts & Terminologies.
- Experienced in budget development and implementation.

Experience in projects/subcontracting companies.
- Should participate at least 2 full cycle.
- Experience with the following:

- Project Accounting/Costing : Contract assessment, revenue recognition, budgeted cost revision, project closure process and control.
- AP: Work Bench details, Setups and configurations, key reports analysis, details on specific standalone features provided by oracle).
- GL: Configuration and setting up. Awareness on the key features provided by Oracle GL - Revaluation, consolidation, translation, general options, and allocations. Report development by BI.
- AR: End to End awareness of Order to Cash Cycle.

**Education**:
B.Sc. in Accounting

**Job Details**:
Job Location

Cairo, Egypt

Company Industry

System Integrator

Company Type

Employer (Private Sector)

Job Role

Accounting/Banking/Finance

Employment Status

Full time

Employment Type

Employee

Job Division

CFO Office
Finance

Career Level

Management

Years of Experience

Min: 10 Max: 13

Degree

Bachelor's degree



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