Costing & Reporting Section Head

1. Review on a daily basis quantity of raw materials in the warehouse versus the reports sent by production.
2. Daily report about the fitting pieces manufactured, sold and the balance for each customer to be sent to the Chairman, Finance Director, Marketing Director and Procurement Director.
3. Prepare a daily report of the inventory balance and send it to the Chairman, Finance Director, Marketing Director and Procurement Director.

Analysis reports for Monthly presentation for Top Management.

1. Prepare a monthly production report for each machine including 

• The production of each machine,
• The different sizes manufactured, and the number of hours spent.
• The report define the quantity of finished goods, the repairs, short pieces, under repair, scraps, degraded
•  The main aim is to define the efficiency of production (machines and technicians). The report also includes a comparison with the standards of manufacturing, and defining variances In case of variances, a report is sent to factories GM and production managers to justify.
• The report is prepared on a daily, weekly, monthly basis and year to date, and sent to the Chairman, Finance Director, factories GM, and production managers.

1. Prepare Gross Profit Report on a monthly basis includes all groups’ products such as pipes, special pieces and coupling

• The report includes names of clients, size of the ordered pipes, quantity sold to each client, cost of each product, value of net sales, and finally the expected gross profit for each project.
• The report aims at helping the decision makers to decide whether to continue with the project or not.

1. Prepare an analysis of the income statement for the past three years at knowing how efficient sales are. The report also compares the selling expenses, general admin expenses, forex expenses, and credit and debit interests.
2. Prepare a monthly analysis report of the selling expenses such as salaries, depreciation cost, and transportation. Report is prepared monthly and year to date.
3. Prepare a monthly back log report including all clients, orders made by them, orders delivered, and orders in progress. To reconcile the quantities reduced from the inventory within  the concerned month with the quantities sold to the customer. Investigate the difference if any
4. Prepare an analysis report of the finished goods including the remaining quantity of finished products stored in the warehouse and corresponding orders made by customers. The report shows both assigned and unassigned finished goods.
5. Prepare Accounts Receivables aging report. The report shows the status of collections from all customers, and the duration payments were not made. The report includes both public and private sectors’ clients. It also provides a comparison with previous year.
6. Prepare an analysis report of the current balance sheet, income statement and cash flow. Compare it with last year’s. Also provides a comparison between the current status of the balance sheet, cash flow, income statement and the targeted / planed ones. The report includes an explanation for each variance.
7. Prepare ratios report which evaluates the performance and the profitability of all companies.
8. Prepare a report of the stagnant inventory on an annual basis and the rationale / reasons behind it.
9. Define the reasonable provision of the stagnant inventory .

• BSc. of Commerce – Accounting Section
• Min 8 years experience in the costing 
• Very good Knowledge of financial principles and procedures
• Very good Knowledge of the documentation cycle
• Very good Knowledge of the scala system
• Knowledge of the production processes, procedures and cycle 
• Knowledge of stock taking processes and procedures
• The ability to document all issues rose in the analysis