Plant Accountant job at Abubaker Technical Services and General Supplies | Apply Now

Financial Planning and Analysis:

• Develop and manage annual budgets and forecasts for the assigned manufacturing plant (Asphalt, or Concrete making machines).

• Analyze plant financial performance, including production costs, variances, and profitability.

• Prepare and present regular financial reports to plant management and the Financial Controller.

• Conduct cost-benefit analyses for capital expenditure proposals and operational improvements.

• Provide financial insights and recommendations to support plant decision-making.

Cost Accounting and Control:

• Implement and maintain a robust cost accounting system for the plant.

• Track and analyze production costs, including raw materials, labor, and overhead.

• Monitor and control inventory levels and valuations for raw materials, work-in-progress, and finished goods.

• Identify and implement cost reduction initiatives.

• Analyze production variances and recommend corrective actions.

• Ensure accurate costing of finished goods for inventory valuation and sales pricing.

Inventory Management:

• Oversee inventory control procedures to ensure accurate tracking and valuation of all plant inventories.

• Monitor inventory levels to prevent stockouts and minimize holding costs.

• Conduct regular inventory counts and reconciliations.

• Analyze inventory turnover and identify slow-moving or obsolete inventory.

Plant-Specific Financial Management:

• Manage the financial aspects of plant operations, including procurement, production, and maintenance.

• Ensure compliance with all relevant financial regulations and company policies.

• Liaise with plant management to address financial issues and provide support.

• Monitor and manage plant-specific capital expenditures.

• Ensure accurate recording and reporting of plant production data.

• Participate in plant production meetings to give financial input.

Team Leadership:

• Supervise and mentor plant finance staff.

• Ensure that the plant finance team has the appropriate tools and training to complete their tasks.

• Promote a culture of financial responsibility and accountability.