Cost Accountant – SAP/CO & Inventory Optimizer

Spinneys; Dubai; On-site; AED 134,000 - 268,000; Full time

Job summary

Spinneys, UAE's leading premium retailer, seeks a detail-oriented Cost Accountant with SAP expertise in Dubai. You will monitor production costs, inventory movements, and material variances to support accurate costing and operational decisions across production, warehouse, and supply chain.

You will prepare cost reports, maintain BOMs in SAP, and support budgeting, forecasting, and internal controls to reduce inventory losses and improve cost accuracy.

Qualifications

• Bachelor's or Master's degree in accounting, finance, or related field.
• Minimum 3–5 years of cost accounting experience in manufacturing.
• Hands-on SAP (FI/CO) experience is required and preferred in food manufacturing.
• Strong costing knowledge including standard/actual costing and variances.

Responsibilities

• Maintain and analyze standard costing, actual costing, and variances (material/labor/overhead).
• Monitor stock movements and reconcile physical inventory in SAP.
• Investigate wastage, shrinkage, and yield variances; propose corrective actions.
• Perform month-end and year-end closing for COGS, inventory, and WIP.
• Conduct cycle counts and reconcile discrepancies; prepare cost analyses for management.

Skills

SAP FI/CO

Cost accounting

Variance analysis

Advanced Excel

Analytical skills

Communication skills

Cross-functional collaboration

Education

Bachelor's/Master's in Accounting or Finance

CMA or equivalent

Tools

SAP FI/CO

BI/Reporting tools

Job description

Spinneys, UAE's leading premium retailer, seeks a detail-oriented Cost Accountant with SAP expertise in Dubai. You will monitor production costs, inventory movements, and material variances to support accurate costing and operational decisions across production, warehouse, and supply chain.

You will prepare cost reports, maintain BOMs in SAP, and support budgeting, forecasting, and internal controls to reduce inventory losses and improve cost accuracy.