- Determine cost centers for each product to adjust budgets and issue the required reports.
- Prepare estimated budgets and actual financial statements in collaboration with the direct manager.
- Provide information on actual costs to compare them with estimated costs, assisting management in correcting pricing policies.
- Classify direct and indirect costs, accurately determine product costs, and review the list of materials used for each product.
- Prepare models for calculating the cost of raw materials and expenses for each supply/production order, calculate actual and standard costs for new projects, and prepare related reports.
- Investigate inventory adjustments resulting from periodic and annual physical inventory counts, and review inventory aging to determine write-offs for obsolete/excess inventory.
- Analyze changes in product design, raw materials, manufacturing methods, or services provided to determine the impact on costs.
- Participate in designing and developing the cost system, and monitor the outputs of the company's sales system to provide necessary data for the cost system.
- Coordinate continuously with technical departments to review operating hours, personnel numbers, and raw materials needed for production.
- Prepare daily reports on the costs of each of the company's products based on production, inventory, and quality reports in accordance with approved accounting procedures and development plans.
- Submit periodic and annual reports on achievements, problems, failures, and postponed tasks to the direct manager.
Job Requirements
. Bachelor Degree Commerce.
. At least 5 years of experience in costing (Prefer in Steel manufacturing plants).
. SAP Experience is a must (Prefer SAP 4 HANA).
. Strong attention to details and good analytical skills.
. Excellent knowledge of costing principles, including the Egyptian accounting standards.
. Very good English skills is required.
Established in 2006 in 6th of October city. El Marakby Steel succeeded to penetrate the steel industry in Egypt to enhance the quality and safe operations. The group dedicated to international standards and committed to sustainable technology, to ensure the long-term conservation of resources to preserve the natural system. The current existing rolling mill plant built on 16,000 m2 produces more than 250,000 tons of steel rebars’ a year in all sizes and dimensions from 10mm to 32mm by Egyptian hands, conducted by British and American standards. Additionally, the new melt shop constructed by SMS Group is designed to produce 350,000 tons of billets and has already begun its production in June 2016. Under El Marakby Group, there are four well-established companies: El Marakby Trading, El Marakby Metallic Industries, El Marakby Steel, and 6th of October Steel Marketing. Throughout years of experience and emphasis in bringing value to our stakeholders, El Marakby Group is dedicated to enhancing its presence in the Egyptian market. We do so through regular upgrading and development of its operations guided by a qualified team.