Senior Accountant - Cost - FAMCO

Al Futtaim Group

Egypt

Ref: HP698-11532

Job description / Role

Employment: Full Time

Senior Accountant - Cost - FAMCO Egypt - Abou Rawash - Cairo, Egypt

We are seeking to hire a Senior Accountant- Cost. Your Job responsibilities will be including but not limited to the following:
- Monitoring inventory transactions
- Preparing monthly journal entries as needed, Reconciling inventory accounts to GL as to assist in Month end close.
- Conducts physical inventories and monitors cycle count program
- Developing inventory analysis reports and analyzing variances
- Assisting in the improvement in internal controls related to inventory Planning, Studying, and collecting data to determine costs of business activity such as units, applications, spare parts purchases, and labor.
- Verifying accurate standard costs
- Maintaining Cost Accounting System Analyzing changes in product costing parameters or services provided, to determine effects on cost
- Making estimates of new and proposed product costs
- Special projects as required Analyzing actual COGS and preparing periodic reports comparing standard costs to actual production costs
- Analyzing audits of costs and preparing reports
- Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.

Requirements

- Bachelor's degree in business administration, accounting, finance, economics or related field preferred
- Minimum of 2 solid years of Cost Accounting in a Manufacturing or workshop Environment
- Experience working with generally accepted accounting principles and accounting software.
- Must have a strong Cost systems background and have excellent analytical skills

Job-Specific Skills:
- Strong personal computer and business solutions software skills
- Experience working with engineering and manufacturing personnel on development and analysis of cost standards
- Good communication skills for communicating with support personnel and management
- Strong analytical and problem solving skills
- Good presentation skills
- Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports

Behavioural Competencies:
- Strong interpersonal skills for interacting accountants, clients, and upper management.
- Good communication skills for communicating with support personnel and management.
- Strong analytical and problem solving skills
- Good presentation skills
- Good planning and organizational skills to balance and prioritize works

About the Company

Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.

The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.

The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.

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