Allweiler-Farid Hassanein Pumps is looking for a Cost Analyst to join the team with previous experience of 5 to 7 years in a manufacturing company (mandatory) according to the following:
- Collect and analyze information to determine costs of business activities such as the purchase of raw materials and costs of production process.
- Determine fixed costs.
- Plan and record variable costs.
- Review standard and actual costs for inaccuracies
- Prepare budgeting reports (for the company and for each department)
- Analyze and report profit margins
- Prepare (monthly, quarterly and annual) cost forecasts
- Assisting in month-end and year-end closing
- Identify and recommend cost-effective solutions
- Make estimation of new and proposed costs of production.
- Analyze changes on the methods of production, goods and services provided, and even raw materials to know how they affect cost.
- Maintain the documentation of data and any statistical arrangement in cost analysis
- Assist in the preparation of the annual budget to make sure that standard costs for all productions are calculated in line with budget consideration.
- Conducts market research as needed to recommend changes to pricing .
