
Cost/Management Accountant/Analyst
Location: Mesaieed
JOBIN K. XAVIER
Ezdan Village AL Wakra Qatar
QICC Nexans
Cost Accountant
Start date 01.03.2023 To till Now
· Identified potential areas of cost control and recommended measures for reducing cost
· Preparing, studying, analyzing, production costing cycle and make necessary corrective action
· Calculate standard and Actual COGM and doing the variance analysis and reporting to CFO
· Doing the costing for types of cables depends on customer requirements like Kahramaa various projects etc.
· Updating the costing standards as and when required.
· Review the monthly fixed asset entries and keeping a track on the same.
· Maintaining and updating fixed asset register
· Handled entire spectrum of costing functions including formulation and scrutiny of bill of material, product costing, valuation of inventories and Product wise Profitability analysis
· Updating standard cost in the bill of materials as per variance study report and approvals
· Making necessary physical stock taking at production area and report the variance
· Update standard cost in the bill of materials when necessary
· Regularly review standard and actual costs and report the variances
· Validate the COGS as part of month end closing
· Working with materials review committee to locate and dispose of obsolete items
· Conduct ongoing process constraint analyses by coordinating with factory team
· Doing CVP analysis
· Report on breakeven points by products and margins by product
· Analyzed and interpreted accounting information, formulated budgets and conducted variance analysis to determine difference between projected & actual results and implementing corrective actions
SIMEX GROUP OF COMPANIES Cost Analyst
Start date 01.07.2019 To 31.07.2023
· Identified potential areas of cost control and recommended measures for reducing cost
· Preparing, studying, analyzing, production costing cycle and make necessary corrective action
· Reviewing, analyzes the production standard set with the actual achieved
· Monitoring production cost and variance report
· Handled entire spectrum of costing functions including formulation and scrutiny of bill of material, product costing, valuation of inventories and Product wise Profitability analysis
· Updating standard cost in the bill of materials as per variance study report and approvals
· Making necessary physical stock taking at production area and report the variance
· Update standard cost in the bill of materials when necessary
· Regularly review standard and actual costs and report the variances
· Validate the COGS as part of month end closing
· Doing CVP analysis
· Report on breakeven points by products and margins by product
· Analyzed and interpreted accounting information, formulated budgets and conducted variance analysis to determine difference between projected & actual results and implementing corrective actions
· Preparing Annual Budgets and submitting Variance analysis reports to Management.
Senior Accountant
PROFESSIONAL EXPERIENCE
EMIRATES EXTRUSION FACATORY LLC DUBAI
Start date 10.04.2016 to 31.05.2019
· Prepare Financial statements such as Profit & Loss statements, Balance Sheet, Cash Flow and Funds Flow statements
· Handled all functions of Accounts Receivables and Payables, including debtors / creditors reconciliation
· Maintained Purchase Book, , Cash Book, Bank Book, Stock register and various other subsidiary books of accounts
· Verified invoice raised by vendors, Cross checked all particulars, preparing payment schedule and coordinated with higher officials to release payment Kept track of amount due from clients, followed up with customers to receive payment on time.
· Identified potential areas of cost control and recommended measures for reducing cost of overheads
· Involved in maintenance of input & output ratio and comparison of the same with standard input – output norms
· Handled entire spectrum of costing functions including formulation and scrutiny of bill of material, product costing, valuation of inventories and Product wise Profitability analysis
Involved in compiling monthly Index and consolidating operating Income Analysis
Accountant
PROFESSIONAL EXPERIENCE
ELJI INTERNATIONAL LLC, Manufactures Of High Quality Rubber Products Sharjah
· Start date 01.03.2015 To 05.03.2016
·
· Prepare Financial statements such as Profit & Loss statements, Balance Sheet, Cash Flow and Funds Flow statements
· Handled all functions of Accounts Receivables and Payables, including debtors / creditors reconciliation
· Maintained Purchase Book, Sales Book, Cash Book, Bank Book, Stock register and various other subsidiary books of accounts
· Verified invoice raised by vendors, Cross checked all particulars, prepared payment schedule and coordinated with higher officials to release payment Kept track of amount due from clients, followed up with customers to receive payment on time.
· Identified potential areas of cost control and recommended measures for reducing cost of overheads
· Involved in maintenance of input & output ratio and comparison of the same with standard input – output norms
· Handled entire spectrum of costing functions including formulation and scrutiny of bill of material, product costing, valuation of inventories and Product wise Profitability analysis
· Involved in compiling monthly Index and consolidating operating Income Analysis.
LG ELECTRONICS CO. LTD., RIYADH, KSA
Cost Analyst
Start date 01.06.2011 to 30.06.2013
· Identified potential areas of cost control and recommended measures for reducing cost of overheads
· Involved in maintenance of input & output ratio and comparison of the same with standard input – output norms
· Handled entire spectrum of costing functions including formulation and scrutiny of bill of material, product costing, valuation of inventories and Product wise Profitability analysis
· Involved in compiling monthly Index and consolidating operating Income Analysis
· Received requisitions from internal departments, assisted higher officials in drafting budgets and placed it before management for approval
· Analyzed and interpreted accounting information, formulated budgets and conducted variance analysis to determine difference between projected & actual results and implementing corrective actions
· Prepared month end financial closing reports with update on financial position of the company and forwarded the same to the management for review
· Consolidated various reports and presented to CFO and Senior Managers on a monthly basis
· Competent professional with 10 years’ experience in Accounts.
· Certified Management Accountant from Institute of Management Accountant (USA). Possess good knowledge budgeting, ratio analysis, cash flow, fund flow and Working Capital Management
· Adequate experience in conducting revenue analysis, driving cost control initiatives, and presenting structured MIS reports with analytical comments
· Demonstrated ability in managing functions such as Finalization, Receivables & Payables Management, Book keeping, Reconciliation and MIS Reporting
· Excellent communication, team management, and good analyzing and problem-solving skill. Well versed in working with Tally and Oracle 11i
ACADEMIC CREDENTIALS
Certified Management Accountant Institute of Management Accountant 2012
Bachelor of Commerce Mahatma Gandhi University 2005
Board of Higher Secondary Examination (12th) 2002
Secondary School Certificate (10th) 2000
IT Skills Oracle 11i, Tally, FABS, Navision
PERSONAL DETAILS
Date of Birth 2nd December 1982
Languages English, Hindi, Malayalam
References Shall be furnished upon request
Education
- 2002-2005
B.com CMA at MG University
Experience
- 2023 March to Till
COST ACCOUNTANT at QICC NEXANS
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