About the role
Collect cost information and maintain an expenses databasePlan and record variable costs (e.g. purchases of raw material and operations costs)Review standard and actual costs for inaccuraciesPrepare budgeting reports (for the company and for each department)Analyze and report profit marginsPrepare (monthly, quarterly and annual) cost forecastsAssisting in month-end and year-end closingIdentify and recommend cost-effective solutions Monitor and update cost estimates for projects to ensure adherence to expected cost ranges.Review expense reports to verify the reasonableness and appropriateness of expenses in relation to project circumstances.Coordinate with various departments, including human resources, payroll, accounting, and finance, to ensure accurate tracking of all costs.Monitor budgets to prevent overspending and ensure compliance with approved spending levelsGather cost data from suppliers or subcontractors to track material costs associated with projects.Prepare bid estimates for new projects or bids on existing projects.Assess incoming products, resources, and services to ensure optimal pricing and cost efficiencyAnalyze invoices to verify the receipt of correct Material /services at the expected cost.Prepare variance analysis reports for projects and effectively communicate findings to relevant parties.Validate the cost of sales across all project outlets and ensure alignment with the budget and finance department.Conduct physical inventories and actively monitor the cycle count program
Proven work experience as a Cost Accountant, Or Cost Analyst.Thorough knowledge of accounting proceduresrelevant knowledge of Generally Accepted Accounting Principles Experience with ERP System, like Sap , Odoo Or Oracle .Computer literacy, MS Excel in particular (familiarity with Lookup and pivot tables)Excellent analytical skills with an attention to detailStrong time management skillsIntegrity, with an ability to handle confidential informationConstruction background Must. 5-8 years of Experience.
