Cost Accountant
5 months ago
**MultiCare** Egypt for Pharmaceutical Industries is an equal opportunity employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, gender identity or expression, age disability, or other characteristics protected by prevailing regulations, practice or customs/traditions.
**MultiCare** is a well-established Pharmaceutical Company with diversified scope in both manufacturing and marketing of pharmaceutical products, supplements, cosmetics and medical devices. **MultiCare** has +21 years of prominent existence in the local market and has almost +69 products marketed and more to come through the pipelines. **MultiCare** Egypt for Pharmaceutical Industries is the manufacturing facility, which located at the Industrial Zone - New Cairo and its HQ at New Cairo as well. We are one of the fast growing Pharmaceutical Companies in the market which has strong ambition and aspiration to be one of the key players not only in Egypt but also within the region.
Our international alliances are effective in different countries, including Saudi Arabia, United Arab of Emirates, India and New Zealand with future aspiration to extend more business associations and affiliations in near future to further markets. Recently Multicare Poland has been launched which will be the entry port of the business to the European Union (EU).
**VACANCY**:
We seek an experienced, detail-oriented, certified Cost Accountant to join our Finance Team as per the following details:
- **Designation**: Cost Accountant
- **Location**: Multicare For Pharmaceutical Industries Manufacturing Site - The Industrial Zone, 03rd Settlement, New Cairo ( Kattamia)
- **Reporting**: Accounting Manager
- **Grade**: cAc01/cAc02
**Job Purpose**:
The desired incumbent is accountable for the ongoing analysis of process constraints, target costing projects, margin analysis, and tracing costs back to underlying activities. The cost accountant must also construct and monitor those data accumulation systems needed to provide an appropriate level of costing information to management
**A. ESSENTIAL DUTIES and RESPONSIBILITIES**:
- As a cost accountant, you will collect, analyze and report on cost accounting data. This includes preparing standard cost reports, monitoring inventory levels, cost comparisons, product costing analysis, tracking variances and making journal entries. You will also collaborate with other departments to ensure accurate budgeting and forecasting processes
- Develop strategies to reduce costs and study product pricing to ensure the best possible return on investment for the company
- Prepare budgeting reports by collecting information and data points from various departments within the organization
- Investigate discrepancies in financial records and perform month-end close activities, including journal entries and reconciliations
- Conduct regular audits, interpret rules related to accounting practices and ensure compliance with the standard regulations in Egypt
- Examine costs of production to determine the most efficient methods of production
- Research material costs to ensure the accuracy of the information in the company’s accounting system
- Analyse manufacturing costs and prepare periodic reports comparing standard prices to actual production costs.
- Participate in physical inventory counts to ensure the accuracy of inventory records
**B. QUALIFICATIONS and EXPERIENCE**:
- A bachelor’s or master’s degree in finance or commerce with a specialization in accountancy
- **Pharmaceutical work experience is highly desired**:
- At least 5 years of proven track costing experience
- ERP experience preferably Oracle
- Exceptional ability to think critically and make decisions based on data analysis.
- Excellent communication and presentation skills in discussing financial reports with company stakeholders
- Willingness to work in a team or individually, as required
**Requir**
- **ed skills and qualifications**A bachelor’s or master’s degree in finance or commerce with a specialisation in accountancy.
- 3+ years of experience in the accountancy field or an equivalent role.
- Proficiency in accounting software like Tally, QuickBooks or Peachtree and well-acquainted with Generally Accepted Accounting Principles (GAAP).
- Exceptional ability to think critically and make decisions based on data analysis.
- Excellent communication and presentation skills in discussing financial reports with company stakeholders
- Willingness to work in a team or individually, as required
- Computer literacy, MS Excel in particular (familiarity with VLOOKUPs and pivot tables)
**Why MultiCare**:
**At MultiCare Egypt for Pharmaceutical Industries**, we have inexhaustible and sustainable commitment to talents through engaging and developing them in a career-growth driven organizational culture. With us, there are always opportunities to break new ground.
We empower you to fulfill your ambitions, and our dive
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