Costing Clerk

Role Overview

Costing Clerk position at Alghanim Industries. The role holder will be responsible for job costing, invoicing, cash collection, daily cash reconciliation, and maintaining accurate financial records while ensuring compliance with company policies and procedures.

Role Purpose

Execute job costing and invoicing for service areas, manage daily cash operations, and maintain accurate financial records with strict adherence to company policies and reconciliation procedures.

Key Responsibilities

Job Costing and Invoicing

• Perform proper costing of jobs in progress in service areas.
• Close job cards upon job completion after verifying compliance with published pricing and discount norms.
• Raise invoices on the system and collect cash from customers.

Cash Handling and Deposits

• Operate cash register accurately and efficiently.
• Deposit daily cash collected to treasury, bank, or duly authorized collection agents as advised by the Cost Office Coordinator or Supervisor.
• Obtain due acknowledgment from the person receiving funds on Fund Transfer forms for cash handed over.
• Sort, count, and wrap coins and currency.
• Ensure sufficient cash in the cash drawer at all times.

Financial Records and Documentation

• Ensure all disbursements are carefully handled after verification of proper supporting documents as per company policy.
• Record all receipts and payments timely in the cash register.
• File and store documents in an orderly manner along with all supporting documents including invoices, job cards, and receipts.

Reconciliation and Reporting

• Reconcile cash in hand with balance in the cash register on a daily basis.
• Prepare all schedules including month-end reconciliations relating to cash on a timely basis.

Additional Duties

• Work above business hours and weekends as needed for business requirements.
• Perform ad hoc duties as assigned by line manager.

Qualifications & Experience

• Bachelor's degree in Commerce.
• Minimum of 1 year experience in cash handling and disbursements.
• Knowledge of bookkeeping and recording accounting entries.
• Experience preparing reconciliations and month-end schedules.

Skills & Competencies

• Proficiency in Excel and Word.
• Fluency in English and Arabic.