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Qualifications
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A Bachelor’s Degree in
Accounting. (English department is an advantage)
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GOOD English language spoken
and written
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Three (3) or more years
experience working in the field of CONSTRUCTION
COST ACCOUNTING. Preferably electromechanical
Co.
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Knowledge of finance,
accounting, budgeting and cost control
procedures
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ICDL CERTIFIED
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GOOD COMUNICATION SKILLS
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WORK UNDER Pressure
Primary Responsibilities:
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The Cost Accountant makes
ledger entries and keeps track of cost analysis.
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The Cost Accountant
performs activities covering materials and
production costs, costs of construction,
overhead, etc.
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The Cost Accountant
compares actual costs to estimates and analyzes
variances.
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The Cost Accountant
analyzes and monitors raw material inventory.
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The Cost Accountant
analyzes actual operation costs and prepares
periodic reports comparing budget costs to
actual operation costs; this includes operation
margin reporting and analytics.
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The Cost Accountant must
maintain the inventory system with integrity and
standardization.
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The Cost Accountant makes
sure that no orders are place for these raw
materials unless it is necessary.
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Ensure that each purchase
order is properly tracked finding the
appropriate approval signature, account numbers
and proof of the receipt of the goods ordered.
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Ensure that merchandise of
placed orders had been received.
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Issuing credit card in the
executive’s name.
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Administering and
reconciling the Company credit card purchasing
program.
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The Cost
Accountant negotiates the best vendor terms, pricing and delivery
based on specific budget and schedule requirements needed to keep
production
supplies maintained. When it is needed the Cost Accountant looks for
and develops new supply sources. The Cost Accountant must make sure
that supplies
and raw materials are not bought at excessive cost. In order for any
business to make a profit expenses must be kept at a bare minimum
while profits excel.
Every item bought is an expense and the Cost Accountant must make
sure that excessive spending is not happening in any department. The
Cost Accountant
must have knowledge of finance, accounting, budgeting and cost
control procedures. The Cost Accountant must be able to balance and
reconcile records kept
and be able to research and resolve any unbalanced issues involved
in the accounting procedures. The Cost Accountant must have strong
technical skills
involving inventory reconciliation, cost analysis and month-end
close. The Cost Accountant must have solid decision making skills
and the ability to exercise independent judgment.
The Cost Accountant must have the capability to prioritize and plan
work activities efficiently to meet deadlines; work on multiple
tasks and projects
simultaneously. The Cost Accountant is often faced with changes,
delays, or unexpected events and must be able to deal with all these
things in a calm and
timely manner. The Cost Accountant must have the capability to work
in a team environment with varied departments and diverse
personalities. The Cost
Accountant must be detailed oriented with excellent oral and written
communication skills. The Cost Accountant is expected to be
proficient in MS Word,
MS Outlook, and Intermediate to Advanced in MS Excel programs. Other
accounting programs that are used by any company are normally taught
to the Cost
Accountant when they are first hired to work. This element in
working as a Cost Accountant is expected but the Cost Accountant
must have the ability to learn
new programs quickly.
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