Managing cost control activities ensuring alignment with policies and procedures.
Key Roles and Responsibilities
- Contribute to the development of Business Finance Division plan and develop operational plan of the Cost Accounting Function according to set objectives.
- Develop Cost Accounting Function key performance indicators and continuously monitor progress towards operational plan.
- Implement Cost Accounting Function s framework, methodologies, techniques and principles.
- Ensure that Cost Accounting Function operational plan is well communicated and understood at all levels.
- Optimize resources and ensure team is efficient and provide recommendations for improvement.
- Develop budget requirements for Cost Accounting Function ensuring alignment to plans and needs.
- Develop procedures ensuring all actions are conducted in a systematic manner.
- Take operational decisions and escalate key decisions to senior management when required.
Key Roles and Responsibilities 2
- Develop a tailored costing methodology to provide cost insights.
- Apply a cost justification framework to support decisions about complex costs.
- Provide insights for price setting parameter.
- Provide costing principles for departments based on previous experience and benchmarks.
- Assess the spending risks/ opportunities of the budget for decision-making.
- Ensure that the process of reconciliation is operating smoothly in a timely manner.
- Ensure timely processing of payments (payroll, supplier payments, etc.)
- Ensure compliance of fixed assets accounting to policies and procedures
- Provide advice and solutions to achieve most efficient cost cutting solutions.
- Build and maintain solid relations with external stakeholders such as governmental entities and consultants to serve WTCO s best interest.
- Approve reports and presentations related to Department activities and achievements for reporting and decision-making.
Key Roles and Responsibilities 3 Job Requirements Bachelor s in Accounting or Relevant fields Bachelors in Finance or Relevant fields Key Communications
Internal Stakeholders
- Corporate Finance
- General Accounting
- All Departments
Bachelor s in Accounting or Relevant fields Bachelors in Finance or Relevant fields
