The cost controller assists management in building an annual operating budget for the company. The controller is in charge of managing expenses and labor practices in order to keep costs within budget while maintaining the company's working schedule. In this position, the cost controller also builds reports detailing operation expenses and labor costs to management along with a comparison of actual versus budgeted costs. Responsibilities:a. Defining Approach of… Show more The cost controller assists management in building an annual operating budget for the company. The controller is in charge of managing expenses and labor practices in order to keep costs within budget while maintaining the company's working schedule. In this position, the cost controller also builds reports detailing operation expenses and labor costs to management along with a comparison of actual versus budgeted costs. Responsibilities:a. Defining Approach of Costing:1. Define standards to measure or analyze costs at club/regional/head office level2. Costing method for inventory in warehouse and Maximo3. Redefine the capex and opex classifications b. Club level Costing (Operational Cost):1. Anslyse on periodical basis all costing elements as per defined standards/budget2. Make inter-active communication system with other departments to share periodical costing review 3. Held monthly meetings with operations to review high cost clubs along with proper action plans4. Track and follow up for agreed cost reduction plans and initiativesc. Projects cost controlling (under construction Cost):1. Analyze and provide report for budgeted Cost V.S actual Cost2. Analyze and provide actual Cost of Work Performed. d. Data Analyzing:1. Analyze utility bills, consumables cost at club level.2. Provide detailed analysis for cost variances e. Cost Control Reports :1. Variance analysis Reports ( Price Variance, Material usage variance, Labor efficiency variance) 2. Cost control reports for unusual relations and behaviors3. Provides support and validation for completion of annual budget 4. Provide a report on a monthly basis for all actual expenses and make comparison with our annual budget to identify and clarify the reasons for the differences. Show less

Responsibility:1. Reviewing all payment requests to ensure that there are no errors.2. Analyzing "spending" to identify trends and ensuring management understands and takes proper actions to have spending under control 4. Ensure all payments are done accurately and in a timely manner. 5. Provide detailed analysis for expenses variances 6. Provides Financial information for analyzing alternatives for contracts and provides inputs to determine best economic options 7.… Show more Responsibility:1. Reviewing all payment requests to ensure that there are no errors.2. Analyzing "spending" to identify trends and ensuring management understands and takes proper actions to have spending under control 4. Ensure all payments are done accurately and in a timely manner. 5. Provide detailed analysis for expenses variances 6. Provides Financial information for analyzing alternatives for contracts and provides inputs to determine best economic options 7. Ensure the compliance with Internal Control for expense recording 9. Prepare, analyze and report monthly, quarterly gross margin analysis by club with all the costs incurred at club level.10. Coordinate with IT department for developing the new system in related modules such as operation expenses, purchases, accounts payable, accounts receivable, and other. 11. Prepare detailed account analysis and reconcile sales and cost12.Ensure timely submission, accuracy and validity of reports13. Managing and directing all accounting operations for Account payable section14. leasing contracts renewal follow up on monthly basis15. Post all accounting processes on the system after the completion of the audit and review16. preparing the trial balance on a monthly basis and review and guide accountants to correct accounting errors17. preparing EOS & VAC provision report on monthly basis18. Supervising the closing of the accounting at the end of each fiscal period (monthly trial balances) Show less

Accountabilities:• Prepares all financial matters in the Company • control of company sales through put system regulate the process and determines duties each of sales representative and calculates of sales commission based on Quantity sales or collection sales according with the sales system in the company• provide head management monthly reports for any variances or deviations in the work and identify any weaknesses and imbalances • Prepares and follows up Bank… Show more Accountabilities:• Prepares all financial matters in the Company • control of company sales through put system regulate the process and determines duties each of sales representative and calculates of sales commission based on Quantity sales or collection sales according with the sales system in the company• provide head management monthly reports for any variances or deviations in the work and identify any weaknesses and imbalances • Prepares and follows up Bank Letters of Credit (L.C)• Preparation of the employees’ payroll, organizes them in accordance with the Company’s policies regarding such matters. •Prepares and Manage and control the cash flow issues (payments and receipts) on daily basis. • Supervising the closing of the accounting at the end of each fiscal period (monthly trial balances)• Prepared end of Financial statement (Balance sheets, Income statement, Trial balance)• Prepares financial statements required by law or by management. • Submits monthly and quarterly executive reports. • Prepares all incoming financial documents and forms. • Ensure that the applied finance policies are in accordance with approved policies by the high management. • Prepares end of month balance for all transactions. • Constant contact with banks in order to check on money transfers and checks. • Prepares all calculations for both employees’ income tax and social security. • Preparing the Company's budget based on each department's budget expenses and forwarding it to the executive manager approval, controlling the budget and preparing all necessary reports for comparing the budgeted figures with actual to be presented to the management periodically • Establish Fixed Assets register and Inventory register with needed policies, procedures and form Show less

Accountabilities:• As a member of accounting team, responsible for all account entries and records • Auditing of monthly salaries and payroll system.• Follow up with auditors for the issuance of year-end statement of accounts.• Control the payments and collections.• Prepared Bank Reconciliation by Monthly • Preparing sales reports (daily,weekly,monthly )• Preparing HRDF ( Human Resource Development fund )invoices