Cost Accounting Manager

Managing cost control activities ensuring alignment with policies and procedures. Key Roles and Responsibilities • Contribute to the development of Business Finance Division plan and develop operational plan of the Cost Accounting Function according to set objectives. • Develop Cost Accounting Function key performance indicators and continuously monitor progress towards operational plan. • Implement Cost Accounting Function s framework, methodologies, techniques and principles. • Ensure that Cost Accounting Function operational plan is well communicated and understood at all levels. • Optimize resources and ensure team is efficient and provide recommendations for improvement. • Develop budget requirements for Cost Accounting Function ensuring alignment to plans and needs. • Develop procedures ensuring all actions are conducted in a systematic manner. • Take operational decisions and escalate key decisions to senior management when required. Key Roles and Responsibilities 2 • Develop a tailored costing methodology to provide cost insights. • Apply a cost justification framework to support decisions about complex costs. • Provide insights for price setting parameter. • Provide costing principles for departments based on previous experience and benchmarks. • Assess the spending risks/ opportunities of the budget for decision-making. • Ensure that the process of reconciliation is operating smoothly in a timely manner. • Ensure timely processing of payments (payroll, supplier payments, etc.) • Ensure compliance of fixed assets accounting to policies and procedures • Provide advice and solutions to achieve most efficient cost cutting solutions. • Build and maintain solid relations with external stakeholders such as governmental entities and consultants to serve WTCO s best interest. • Approve reports and presentations related to Department activities and achievements for reporting and decision-making. Key Roles and Responsibilities 3 Job Requirements Bachelor s in Accounting or Relevant fields Bachelors in Finance or Relevant fields Key Communications Internal Stakeholders • Corporate Finance • General Accounting • All Departments Bachelor s in Accounting or Relevant fields Bachelors in Finance or Relevant fields