Cost Control Section Head

Elmarakby Steel

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.