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Costing Section Head
2 weeks 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