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Accountant.Management Accounting

Accountant.Management Accounting

Qatar Steel CompanyQatar
22 منذ أيام
الوصف الوظيفي

KEY ACCOUNTABILITIES :

Description

Monthly / Annual Closing

  • Periodic closing and opening subsequent month Cost Management and Inventory modules.
  • Overhead allocations and absorptions allocations on monthly basis.
  • Allocation of joint cost through mass allocation. Prepare books closing JV though overhead allocation. Prepare working for absorption variance and pass necessary JV before month close.
  • Monitoring of pending transaction for inventory organizations and closing all inventory organization. Clearing of various WIP accounts.
  • Monitoring expenses booking and scrutiny of trial balance. Running COGS recognition program and monitoring WIP jobs valuation.
  • Passing necessary accounting JVs for WIP and absorption variances.

Cost Control / Continuous improvement

  • Preparation of monthly product cost sheet, process wise for DRI, steel making and rolling mill
  • Preparing auxiliary product cost sheets for Lime, Dolo Lime, RBQ, etc
  • Assist in collecting accurate and up-to-date product cost information for product prices.
  • Advise / suggestion on cost centre creation

    • Reporting

  • To run fixed cost breakup for G&A and COGS, utility and overhead report, plant-wise depreciation report and fixed cost report by department and by GL account.
  • Preparation of data pack for IQ reporting for quarterly reporting. Data for Ministry of Economics and Statistics, yearly.
  • Data for producer price index and other external agencies.
  • By product inventory details and its sales history for management reporting.
  • Non-moving inventory item report and stock analysis report for leadership meetings.
  • Create discoverer report as per business requirement.

    • Inventory / Material Accounting functions :

  • Daily running of create accounting for all inventory organizations and completing multi-period accounting. Check for stuck transactions and getting it cleared with help of IT. To check for any pending or uncosted transaction in the inventory module. Monthly Inventory / GL reconciliation (MAD Summary).
  • Running “transfer general entries to GL – cost management program, “transfer Journal Entries to GL- receiving”. “Create Accounting Receiving”.
  • Create absorption element as per need / required changes.
  • Raw Material landed cost management in system.
  • Overhead absorption rate update in the system
  • Debit note / credit note implication workings particularly for oxide pellet and scrap purchases and its loading on the inventory carrying cost in the system.
  • Inventory reconciliation, monthly reconciliation of inventory subledger balances with GL.
  • Participate in physical stock verification process.
  • Assist with data for dealing with the statutory auditors for Half yearly and Year end audits relating to inventory and product costing.

    • Policies, Systems & Processes

  • Co-ordinate with the IT department for getting developed various reports for faster and correct reporting.
  • Involve at the time of system upgrade.
  • To work with IT for various automation processes

    • Continuous Improvement

  • Contribute to the identification of opportunities for continuous improvement and sustainability

    • of systems, processes and practices considering global standards, productivity improvement

    and cost reduction.

    Quality, Health, Safety & Environment

  • Follow the HSE rules, regulations and procedures of the company, and report any HSE concerns and incidents to the responsible person

    • Other

  • Carry out any additional tasks as required by the Management.

    • QUALIFICATIONS, EXPERIENCE, & SKILLS :

    Minimum Qualifications :

  • University Degree in Finance
  • CA, CMA or CIMA qualification would be preferable.

    • Minimum Experience :

  • 6 years’ experience in Management Accounting in a manufacturing organisation. Steel Industry experience would be preferable.

    • Job-Specific Skills (Generic / Technical) :

  • Computer skill - Good in Excel and Power point
  • Experience in Oracle system
  • Good standard of written and spoken English and well developed report writing ability
  • Planning and organising skills
  • Basic Supervisory skills
  • Ability to work as part of a team
  • Communication skills – written and verbal

    • #J-18808-Ljbffr

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