Ref: NP171-151

Job description / Role

Employment: Full Time

Assist and support the costing supervisor in management of inventory and fixed assets in compliance of the companies policies and procedures, and ensuring that accurate and timely reports are provided for planning, controlling and decision making .

KEY ACCOUNTABILITIES:
• Actively managing and coordinating daily costing activities of business unit to ensure smooth execution of business and adherence to group financial policies and procedures
• Checking detail all accounting ledger entries related to costing function to ensure their timely booking and compliance with group financial policies and procedures and international financial reporting standards
• Ensuring timely update of standard costs of inventory related items and all direct cost elements
• Monitoring and coordinate physical inventory counts across all locations of the business unit
• Monitoring inventory levels including utilisation of financing facilities to keep business running smoothly
• Reviewing in detail inventory related invoices and ensure their accurate and timely execution
• Providing accurate and timely cost workings for SKU-wise profitability assessments and formulation changes to relevant functions
• Performing month-end closure of financial books of business unit in a smooth and timely manner and in accordance with group financial policies and procedures
• Checking in detail monthly inventory reconciliations to ensure their accuracy and compliance with group financial policies and procedures
• Preparing Direct Cost portions of the annual budget, QBR and MYF financial packs with all underlying workings and reconciliations
• Assisting Finance team in execution of all financial audits
• Providing necessary support to Reporting function and FD for variance analyses and cost/expense reconciliations related to costing functions during month-end/budget/MYF/QBR/etc and as and when requested
• Preparing and submit reports/information requested by HO Finance/Reporting function/FD in accurate and timely manner

Requirements

• Diploma in Business Administration
• 1 year experience

Functional Knowledge:
• Understanding of Accounting practices
• Understanding of banking practices
• Precision and speed in data entry

Job-Specific Skills:
• Excellent MS office skills
• Previous knowledge of ERP (Microsoft Navision preferred)
• Communication skills
• Proactive
• Initiative
• Adaptability
• Maximising performance
• Understanding of accounting practices

About the Company

Agthia Group is a leading Abu Dhabi based food and beverage company established in 2004. The Company is listed on the Abu Dhabi Securities Exchange (ADX) and has the symbol Agthia. 51 percent of the Company’s shares are held by General Holding Corporation, an Abu Dhabi Government entity, with the balance held by individual and institutional investors.

The Company’s assets are located in the UAE, Egypt and Turkey. Agthia offers a world class portfolio of integrated businesses providing high quality, trusted and innovative food and beverage products for customers and consumers across the UAE, GCC, Turkey and the wider Middle East.

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Cost Accountant salaries in UAE

Average monthly compensation
AED 6,500

Breakdown available for industries, cities and years of experience