Overview
Education & Knowledge:
– Qualified COST accountant / ICWA/CMA.
– CA/CPA is additional but not compulsory.
– General accounting.
– SAP proficiency.
– Excel and office tools.
– Manufacturing processes knowledge.
Work Experience:
– Minimum 10 years of plant cost control experience in an industrial environment.
Role and Responsibilities
Produce the periodic statements for the reporting:
– Manage data in SAP to be able to produce an accurate monthly production report.
– Update raw materials and semi-finished products, control stocks and analyze discrepancies.
– Provide direct labor productivity reporting and analysis and with machine hour analysis.
– Estimate product costs & supervise complete cycle of standard costing and review of standard costing on timely manner.
– Edit, control the stock of finished products, and calculate obsolescence.
– Calculate the obsolescence of cutters purchased, consigned, and reclaimed.
– Recalculate PPVs, JCV & other variances.
– Cost Run and Cycle counting activities.
Supervise & Control Accounting closings:
– Manage month-end closing and prepare monthly financial statements and other operational reports for site.
– Manage the inventories with respect of the inventory procedures.
– Ensure the reliability of inventory levels, as well as report inventory levels
– Control and manage the inventories of raw materials, in progress and finished products on the site.
– GL scrutiny & providing manufacturing P & L with accurate reporting.
– Control and manage the inventories of fixed assets on the site.
– Reconcile these inventories with the accounts and control perspective on inventory and stock periodically manner where Physical vs actual variance analysis.
– Perform reconciliations between accounting statements and results from reporting and dashboards.
Assist the Plant Manager and other Managers in the analysis and monitoring of indicators:
– Present the report during the monthly meeting and analyze variances and communicates explanations to management.
– Review analyses of activities, costs, operations, and forecast data to determine the progress of the department or division toward established goals and objectives.
– Support and challenge the operational teams in the management of their activity and identify and propose corrective measures to improve profitability.
– Help them if necessary to develop analysis tables (data from SAP, setting up an Excel table).
– Monitor and implement plant internal controls (in conjunction with corporate policies) as necessary to ensure reporting integrity, safeguard company assets, and identify risks. Follow up on their compliance.
– Monitoring and review of productivity and efficiency metrics of the production area.
– Manage the annual budget and monthly forecasts.
Develop Management Procedures and Tools:
– Set up procedures and management tools.
– Develop reporting and internal procedures according to group requests.
– Design business dashboards.
– Answer to requests from internal and external auditors during periodic audits.
Competencies (skills & abilities)
– Demonstrate strong technical proficiency, sound reasoning, analytical and problem-solving skills,
– Manage budget and forecast techniques as well as proficiency with financial statement analysis and projection,
– Have good planning, organizational and strong analytical skills,
– Handle multiple concurrent tasks and meeting strict deadlines,
– To read, analyze, and interpret financial reports and legal documents,
– To respond effectively to the most sensitive inquiries from the business,
– To facilitate, interact with, influence, resolve conflict and drive consensus among individuals from a variety of cultures and disciplines, at times under stressful circumstances.
– Show judgment and maturity with a reputation for ethics and integrity.
– Demonstrate excellent communication and presentation skills, and excellent interpersonal skills,
– Demonstrate a high degree of confidentiality and discretion when dealing with sensitive issues,
– To comprehend and communicate accurately, clearly and concisely in English.