Cost Accountant

JOB DESCRIPTIONS:

  • Provides monthly cost updates & serves as a resource to accounting teams on cost accounting matters.
  • Analyzes cost records.
  • Prepares, analyzes and tracks monthly inventory reserves, material savings, inventory forecast, and standard margin variances.
  • Gathers system reports and information from plants needed.
  • Conducts and analyzes audits of costs and prepares reports.
  • Determines and installs cost accounting methods and procedures.
  • Analyzes actual costs versus standard costs and prepares reports of variance.
  • Prepares estimates of new or proposed products cost.
  • Supports and handling company accounting and management duties requested from management.
  • Monitoring unit cost variance/Reasons for IT & Solution.
  • Implementing cost standards for materials and labor.
  • Preparing cost of goods sold and production reports.
  • Reconciling beginning raw materials, work-in-progress and finished-goods stock.
  • Performs other duties as assigned.

JOB QUALIFICATIONS:

  • Bachelor’s degree in Accounting
  • Minimum of 5 years Accounting or Finance experience, including a minimum of 1 year direct Standard Cost Accounting experience.
  • Knowledge of (IFRS) and other areas related to financial reporting requirements, and systems proficiency.
  • Knowledge of Cost Accounting Methods.
  • Proficient in Microsoft Office Suite & ERP system or SAP.
  • Ability to adapt to changing organizational and operational needs.
  • Skill in organizational, prioritization and attention to details.
Job Category: Cost Accountant
Job Type: Full Time
Job Location: Saudi Arabia

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