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Costing Manager

Employer
Gumcorp
Location
Karachi (PK)
Salary
Competitive
Closing date
Dec 10, 2020

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Job Role
Cost Accountant
Sector
Other
Contract Type
Permanent
Hours
Full Time

Job Details

Responsibilities:

 

GENERAL / COMPANY SPECIFIC

  1. You are responsible for this job in all of the group companies, unless superficially exempted in writing.
  2. To be clear about the objectives of your job and that the objectives your department and all should be in line with company objectives.
  3. To have a meeting at least once every quarter with your superior about job and responsibilities.
  4. To ensure that your subordinate is aware of his/ her job responsibilities.
  5. To ensure that his/ her JD is readily available with him / her.
  6. To review your subordinates JD and to update it appropriately.
  7. To submit your subordinates up to date JD every year to your superior and HR.
  8. To be responsible of subordinate’s job and performance.
  9. To be clear about your job, duties, responsibilities and clarify any doubt that you may have about your job.
  10. To properly document all your work and processes and to ensure that all relevant process participants are aware of the process and understand and agree to their role in it.
  11. To communicate and coordinate with other stakeholders in order to perform your job effectively.
  12. To completely understand the functionality available in GP related to your Job, the cross linkages of various functions and to continuously identify the functionality in GP that can improve job and company performance. To improve the utilization of GP in your Job.
  13. To be fully aware of company policies pertaining to your work.
  14. To maintain proper files. To have a list of files maintained by you. To be sure that files are maintained in such a way that documents can be extracted easily by anybody.
  15. To ensure that files are properly indexed and transferred to long term storage at appropriate interval and as per company policy.
  16. To be critically aware of your subordinates record keeping practices. These should be documented and such that you can track any document in his absence.
  17. To reduce duplication of activities and recordkeeping in your job. To use GP as the repository and source of source as much information and data as possible.
  18. To use SharePoint for sharing of reports and documents.
  19. To cross train your subordinates and also train them to do your work. Create your own replacement.
  20. To have a record of tasks that you perform on any day.
  21. To respond to all queries, internal or external, in a timely manner and to forward queries to the right department where applicable.
  22. To check and respond to your emails daily. Aim for zero inbox daily.
  23. To minimize late sitting
  24. A superior can assign you any additional work temporarily or permanently. The only reason to refuse such work is if there is an ambiguity about your authority to do any work. In such cases such ambiguity can be resolved amicably by bringing it to the knowledge of the higher management.

JOB SPECIFIC:

  1. Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor.
  2. Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost.
  3. Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs.
  4. Recording cost information for use in controlling expenditures.
  5. Analyzing audits of costs and preparing reports.
  6. Making estimates of new and proposed product costs.
  7. Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
  8. Create project accounts in the accounting system.
  9. Maintain project-related records, including contracts and change orders.
  10. Transfer of expenses into and out of project-related accounts.
  11. Review and approve time sheets for work related to a project.
  12. Review and approve overhead charges to be applied to a project.
  13. Review account totals related to project assets and expenses.
  14. Investigate project variances and submit variance reports to management.
  15. Report on project profitability to management.
  16. Report to management on any opportunities for additional billings.
  17. Report to management regarding the remaining funding available for projects.
  18. Create or approve all project-related billings to customers.
  19. Investigate all project expenses not billed to customers.
  20. Respond to requests for more detail from customers.
  21. Close out project accounts upon project completion.
  22. Compile information for internal and external auditors, as required.
  23. Open and submitting complete inventory detail in ERP in case of new inventory.

Authorities:

  • He/ she has full authority for work actions.
  • Supervise employees who perform costing and budgeting.
  • Investigating and resolving any inconsistencies or enquiries.

Job Specification

Education

CIMA Qualified Member along with a bachelors in Accounts/ Finance.

Experience

He/ She should have minimum 5-8 Years of relevant experience.

Certification/ Training

Having Certification in MS Office/ Financial Modeling will be plus point.

Company

Gumcorp Pakistan is the single largest producer of gumbase in Pakistan, having vast experience of over thirty years in the confectionary and allied industries. Gumcorp started off as producers of packaging materials in 1967 and later on in 1980 entered the gum base industry as agents for an international gumbase producer. Gumcorp started its local production of gumbase in 1993, in a joint venture with a European producer and proceeded to become a completely independent gum base producer in 1998.

Due to our long and rich experience in the industry, with production facilities both in the tariff area and the export processing zone, we are ideally placed to serve both local and international customers. In fact most of our local Customers are exporters of bubble gum too, with exports to almost every corner of the world.

Company info
Website

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