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Product Cost Analyst

2 weeks ago

مصر, Egypt General Motors Full time

**Job Description**:
As the **Product Cost Analyst **, you will serve as a Strategic Business Partner, bringing timely and insightful decisions to all strategic and tactical matters as they related to SEC requirements, accounting, audit/SOX compliance and financial analyses, leveraging financial systems and processes that increase clarity, improve efficiency, shorten decision cycle times, and reinforce financial integrity and accountability.

As the **Product Cost Analyst **, you will ensure that Inventory / costs for the company's products are allocated according to corporate procedures and in compliance financial accounting standards. As well as, overseeing the cost control systems, managing and interpreting cost audits, and preparation of cost accounting reports for presentation to top management.

**Other responsibilities include, but are not limited to**:

- Perform cost run for parts/products on monthly basis, after reviewing new standard rates against previous one.
- Update OH, Labor, Landed Cost rates after collecting full data required.
- Perform a month-end closing journal entries according to monthly schedule by meeting due dates.
- Prepare monthly aging report for all inventory items, which may lead to forming provision for slow moving items and obsolete items.
- Analyzing goods in-transit, customs, freight, and other landed cost accounts, posting actual vs. standard variance, and accrual on monthly basis.
- Monthly analysis for inventory adjustment with direct COGS effect.
- Review and control inventory purchase requisitions for parts not under-agreements.
- Review and post cycle count according to change in BOM or API reflection.
- Accountable for communications with auditors, and annually financial review.
- Conduct physical inventory counts at GM Egypt plant and investigate cycle counts results.
- Other tasks as deemed appropriate to accomplish the job requirements.

**About GM**:
Our vision is a world with Zero Crashes, Zero Emissions and Zero Congestion and we embrace the responsibility to lead the change that will make our world better, safer and more equitable for all.

**Why Join Us**:
We aspire to be the most inclusive company in the world. We believe we all must make a choice every day - individually and collectively - to drive meaningful change through our words, our deeds and our culture. Our Work Appropriately philosophy supports our foundation of inclusion and provides employees the flexibility to work where they can have the greatest impact on achieving our goals, dependent on role needs. Every day, we want every employee, no matter their background, ethnicity, preferences, or location, to feel they belong to one General Motors team.

**Diversity Information**:
General Motors is committed to being a workplace that is not only free of discrimination, but one that genuinely fosters inclusion and belonging. We strongly believe that workforce diversity creates an environment in which our employees can thrive and develop better products for our customers. We understand and embrace the variety through which people gain experiences whether through professional, personal, educational, or volunteer opportunities.