Cost Analsyt

col-narrow-left 

Job ID:

1726

Category:

Finance, Sales
col-narrow-right 

Job Views:

734

Employment Type:

Full time

Posted:

11.08.2017
col-wide 

Occupations:

Accounting-Finance: General-Other: Accounting-Finance
Sales-Retail: General-Other: Sales-Business Development

Job Description:

Job Purpose

Calculates material and labour variances, reconciles work in progress and assists the Value Stream Manager and Factory Accounts Manager in the maintenance and analysis of costing information.

Scope
  • Provides a Costing Function for Value Stream:
1.1 Prepares costing from PES / PMS/ PLS.
1.2 Accurately extracts costing information from BPCS and Product costing forms.
1.3 Correctly calculates costings.
1.4 Participates in cost reduction projects.
1.5 Downloads information regarding material variances from the AS400.
1.6 Analyses material variance of each shop order and attributes the variance.
1.7 Calculates and processes the required journal entries.
1.8 Obtains material prices from procurement and capture into BPCS budget environment.
1.9 Validates routers in the bill of material.
1.10 Performs material cost validation after roll up.
1.11 Inputs new material cost from opening sheets PLS / PMS.
  • Closes Shop Orders and Investigates Variances:
2.1 Runs shop order close report from BPCS.
2.2 Assesses variances on BPCS close shop order menu.
2.3 Follows up with production in respect of significant variances.
  • Assist in Preparing Information for CSF in Respect of Production Report
3.1 Extracts relevant information and inputs into CSF templates.
3.2 Ensures figures represented balance to the general ledger.
  • Analyses Labour Variances:
4.1 Extracts labour statistics from manufacturing system and inserts into labour analysis model.
4.2 Journalizes variances arising from the labour analysis model.
4.3 Reconciles direct labour cost and variances to agree with general ledger balance.
  • Analyses Back flush Control Accounts:
5.1 Downloads data from BPCS system.
5.2 Allocates data to the production variance accounts.
  • Reconciles Balance Sheet Accounts:
6.1 Reconciles JDE system to the supplementary ledgers on a monthly basis.
6.2 Obtains authorization to journalize reconciliation differences.
6.3 Prepares quarterly review authorisations with the Factory Accounts Manager.
  • Participates in Operational Excellence Projects and Reporting:
7.1 Consults with OE Experts and Advocates on benefit capture and financial data gathering.
7.2 Monitors financial aspects of all projects in Value Stream.
7.3 Monitors project benefits and communicates to Factory Accounts Manager.
7.4 Prepares monthly Value Stream OE financial reports.
  • Prepares Value Stream Production Report:
8.1 Extracts variances from general ledger.
8.2 Investigates and prepares commentary for major variance and makes recommendations.
  • Budgets and Forecasts:
9.1 Liaises with various cost centres to accumulate data for budget forecast setting.
9.2 Forwards figures to Management Accountant.
9.3 Participates in the annual standard setting process.
  • General:
10.1 Complies with QMS, GMP and EHS standards.
10.2 Complies with OE standards, completes regular JDI and ensures work station is 6S compliant.
10.3 Completes related ad-hoc projects when required.
10.4 Extracts historical data for justification of capital purchases.
10.5 Calculates and processes monthly accrual for labour and overhead recovery in WIP.

Job Requirements:

Requirements:

Degree or National Diploma in Finance/Commerce (with Majors in Cost Accounting)

CIMA or Part of CIMA Qualification

Minimum 3 years experience in similar role

Cross Industry

Cost Analysis experience

Experience in Business partnering in Manufacturing environment

Company Info
GSK
Algeria

Phone:
Web Site:
Company Profile

Company Info


GSK
Algeria
Phone:
Web Site:

Cost Analsyt

col-narrow-left 

Job ID:

1726

Category:

Finance, Sales
col-narrow-right 

Job Views:

734

Employment Type:

Full time

Posted:

11.08.2017
col-wide 

Occupations:

Accounting-Finance: General-Other: Accounting-Finance
Sales-Retail: General-Other: Sales-Business Development

Job Description:

Job Purpose

Calculates material and labour variances, reconciles work in progress and assists the Value Stream Manager and Factory Accounts Manager in the maintenance and analysis of costing information.

Scope
  • Provides a Costing Function for Value Stream:
1.1 Prepares costing from PES / PMS/ PLS.
1.2 Accurately extracts costing information from BPCS and Product costing forms.
1.3 Correctly calculates costings.
1.4 Participates in cost reduction projects.
1.5 Downloads information regarding material variances from the AS400.
1.6 Analyses material variance of each shop order and attributes the variance.
1.7 Calculates and processes the required journal entries.
1.8 Obtains material prices from procurement and capture into BPCS budget environment.
1.9 Validates routers in the bill of material.
1.10 Performs material cost validation after roll up.
1.11 Inputs new material cost from opening sheets PLS / PMS.
  • Closes Shop Orders and Investigates Variances:
2.1 Runs shop order close report from BPCS.
2.2 Assesses variances on BPCS close shop order menu.
2.3 Follows up with production in respect of significant variances.
  • Assist in Preparing Information for CSF in Respect of Production Report
3.1 Extracts relevant information and inputs into CSF templates.
3.2 Ensures figures represented balance to the general ledger.
  • Analyses Labour Variances:
4.1 Extracts labour statistics from manufacturing system and inserts into labour analysis model.
4.2 Journalizes variances arising from the labour analysis model.
4.3 Reconciles direct labour cost and variances to agree with general ledger balance.
  • Analyses Back flush Control Accounts:
5.1 Downloads data from BPCS system.
5.2 Allocates data to the production variance accounts.
  • Reconciles Balance Sheet Accounts:
6.1 Reconciles JDE system to the supplementary ledgers on a monthly basis.
6.2 Obtains authorization to journalize reconciliation differences.
6.3 Prepares quarterly review authorisations with the Factory Accounts Manager.
  • Participates in Operational Excellence Projects and Reporting:
7.1 Consults with OE Experts and Advocates on benefit capture and financial data gathering.
7.2 Monitors financial aspects of all projects in Value Stream.
7.3 Monitors project benefits and communicates to Factory Accounts Manager.
7.4 Prepares monthly Value Stream OE financial reports.
  • Prepares Value Stream Production Report:
8.1 Extracts variances from general ledger.
8.2 Investigates and prepares commentary for major variance and makes recommendations.
  • Budgets and Forecasts:
9.1 Liaises with various cost centres to accumulate data for budget forecast setting.
9.2 Forwards figures to Management Accountant.
9.3 Participates in the annual standard setting process.
  • General:
10.1 Complies with QMS, GMP and EHS standards.
10.2 Complies with OE standards, completes regular JDI and ensures work station is 6S compliant.
10.3 Completes related ad-hoc projects when required.
10.4 Extracts historical data for justification of capital purchases.
10.5 Calculates and processes monthly accrual for labour and overhead recovery in WIP.

Job Requirements:

Requirements:

Degree or National Diploma in Finance/Commerce (with Majors in Cost Accounting)

CIMA or Part of CIMA Qualification

Minimum 3 years experience in similar role

Cross Industry

Cost Analysis experience

Experience in Business partnering in Manufacturing environment

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