Costing Section Head
4 days ago
We are looking to hire "Costing Section Head."
Location: industry zone - badr city.
Department: Finance.
Reports to: CFO.
Industry : Pharmaceutical
Job Responsibilities:
- Participate in the collection and organization of work unit budget requests and the development of the annual budget.
- conduct cost analyses, and assist in the implementation and upkeep of costing and cost allocation strategies that are appropriate.
- Keep track of and analyze the labor costs, overhead, raw materials, replacement parts, and services to assess the company's cost-effectiveness and profitability.
- Prepare journal entries and maintain cost accounting records for various cost items.
- Organize cost reports that serve as input in the preparation of periodic financial statements.
- Create financial statements and schedules that are budgeted.
- Perform adjusting entries and correct errors on periodic financial reports.
- Follow up on the proper utilization of approved capital and operational budgets and report findings to the immediate supervisor.
- Prepare monthly consumption reports based on records of incoming and issued materials.
- Perform various cost analyses, including standard cost development, average pricing analysis, margin and cost ratio analysis, inventory control, and variance analysis.
- Compute the total costs of all goods in transit to prepare the build-up of goods' costs.
- Collect cost and operational data for preparation of management and cost reports and reviews.
Job Requirements:
- A bachelor's degree in finance or accounting is required.
- Pharmaceutical background is a must.
- At least 10 years of relevant work experience.
- Familiarity with data analysis and forecasting techniques.
- Powerful analytical abilities
- Understanding of accounting rules and best methods
- Advanced skills with Microsoft Office
- Ability to explain budgeting and financial information in plain terms
- High accuracy and attention to detail
- The capacity to lead and coordinate
**Salary**: From E£11,111.00 per month
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