Cost Accountant

Confidential Company

Dammam/Khobar/Eastern Province - Saudi ArabiaFull-time

5–10 years of experience

last week

Job description

Cost Analysis & Tracking
Variance Analysis
Budgeting & Forecasting
Pricing & Profit Margin Determination
Inventory Valuation & Control
Cost Reporting
Process Improvement & Cost Reduction
Performing account reconciliations.
Preparing audit reports and presenting their findings to management.
Recommending changes to the company’s processes and policies to reduce cost and maximize profit.
Advising executives and upper management on appropriate costing based on financial data.
Managing the company’s balance sheet and accounting books.
Supporting other company accountants with invoicing and capital expenditure.
Duration: Typically, 5 to 10 years of experience in cost accounting, financial analysis, or general accounting within an industrial or manufacturing environment.
Core Exposure: Experience dealing directly with production costing, standard/actual cost development, Bill of Materials (BOM) structures, inventory valuation, and physical stock/cycle counts.

3. Technical & Software Skills

ERP & Accounting Systems: Hands-on proficiency in enterprise resource planning (ERP) systems-Oddo users are preferred.
Spreadsheets: Advanced proficiency in Microsoft Excel (ability to handle large databases, pivot tables, financial modeling, and data manipulation).
Regulatory/Compliance Knowledge: Familiarity with accounting standards (such as GAAP or IFRS) and local tax/compliance requirements (e.g., ZATCA and VAT regulations if working in Saudi Arabia).

4. Professional Certifications (Preferred / A Plus)

Job description

Cost Analysis & Tracking
Variance Analysis
Budgeting & Forecasting
Pricing & Profit Margin Determination
Inventory Valuation & Control
Cost Reporting
Process Improvement & Cost Reduction
Performing account reconciliations.
Preparing audit reports and presenting their findings to management.
Recommending changes to the company’s processes and policies to reduce cost and maximize profit.
Advising executives and upper management on appropriate costing based on financial data.
Managing the company’s balance sheet and accounting books.
Supporting other company accountants with invoicing and capital expenditure.
Duration: Typically, 5 to 10 years of experience in cost accounting, financial analysis, or general accounting within an industrial or manufacturing environment.
Core Exposure: Experience dealing directly with production costing, standard/actual cost development, Bill of Materials (BOM) structures, inventory valuation, and physical stock/cycle counts.

3. Technical & Software Skills

ERP & Accounting Systems: Hands-on proficiency in enterprise resource planning (ERP) systems-Oddo users are preferred.
Spreadsheets: Advanced proficiency in Microsoft Excel (ability to handle large databases, pivot tables, financial modeling, and data manipulation).
Regulatory/Compliance Knowledge: Familiarity with accounting standards (such as GAAP or IFRS) and local tax/compliance requirements (e.g., ZATCA and VAT regulations if working in Saudi Arabia).

4. Professional Certifications (Preferred / A Plus)