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Cost Accountant

Company Name: GMG
Employment Type:Full Time
Location: Dubai
Experience: 4-5 years
Degree: Bachelor
Gender:Any
Age:Any  
Nationality: Any
Salary:Unspecified
No. Of Vacancies:1
Job Description:
About GMG
GMG is a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, food and health sectors. Its vision is to inspire people to win in ways that make the world better. Today, GMG’s investments span across four key verticals: GMG Sports, GMG Food, GMG Health, and GMG Consumer Goods. Under the ownership and management of the Baker family, it has become a leading global company, affiliated with the world’s most successful and respected brands in the well-being sector. Working across the Middle East, North Africa, and Asia, GMG has introduced more than 120 brands into its markets.

Key Areas of work
Product costing
Inventory valuation
Overheads calculation
Plant MIS
Plant Budgets & Forecasts

Key activities and responsibilities
Work on product costing for current and proposed products considering all cost elements.
Review of Bills of material with physical consumption before BOM finalization in system.
Calculation of process costs for different types of products.
Calculation of overheads of plant on standard cost method.
Calculation of overhead rates for allocation to products.
Review of the variances (Rate and consumption) and reporting of the same.
Review the inventory and report any anomalies and aged items.
Prepare Plant MIS with commentary on variances.
Prepare cost trends for various category of raw materials and highlight any anomalies or unusual trends.
Prepare Plant budgets.
Prepare Forecasts
Assist in both internal and external audits.
Any other task as required by Management

Experience
Experience of 4-5 years in FMCG/Pharma/Chemical industry.
Understanding of Standard cost and Process costing.
Knowledge of ERP : Preferably SAP (Manufacturing)

Academic Qualifications
ICWA/CA

Personal Traits
Ability to work in a fast-paced organization with multiple stake holders at times.
Team player with ability to scale up quickly.