Accountant

Techno Group; Saudi Arabia; On-site; SAR 120,000 - 180,000; Full time

Job summary

Techno Group in Saudi Arabia is seeking an experienced cost accountant to join our finance team. You will analyze product costs, BOMs, and manufacturing expenses to support budgeting and forecasting.

The role involves preparing monthly and quarterly cost reports, validating cost variances, and assisting with month-end close in accordance with accounting standards. Strong Excel skills and manufacturing industry experience are essential.

Qualifications

• Bachelor's degree in Accounting, Finance.
• 5 years of experience in the manufacturing industry preferred.
• Excellent in Microsoft Excel.

Responsibilities

• Analyze changes in product design, raw materials, manufacturing methods, or services to determine effects on costs.
• Research material costs to ensure the accuracy of information in the company's accounting system.
• Evaluate the BOM for each product.
• Prepare budgeting reports for the company and each department.
• Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
• Examine costs to determine the most efficient methods.
• Review standard and actual costs for inaccuracies.
• Recommend cost efficiencies and initiate corrective actions to resolve cost discrepancies.
• Participate in physical inventory counts to ensure the accuracy of inventory records.
• Analyze and report profit margins internally.
• Prepare monthly, quarterly, and annual cost forecasts.
• Assist with monthly and year-end close processes, ensuring compliance with accounting standards.

Skills

Analytical thinking

Cost accounting basics

Attention to detail

Education

Bachelor's degree in Accounting, Finance

Tools

Microsoft Excel

Job description

Qualifications

• Bachelor's degree in Accounting, Finance.
• 5 years of experience in the manufacturing industry is preferred.
• Excellent in Microsoft Excel.

Responsibilities

• Analyze changes in product design, raw materials, manufacturing methods, or services provided to determine effects on costs.
• Research material costs to ensure the accuracy of information in the company's accounting system.
• Evaluate the Bill of Material (BOM) for each product.
• Prepare budgeting reports for the company and each department.
• Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
• Examine costs to determine the most efficient methods.
• Review standard and actual costs for inaccuracies.
• Recommend cost efficiencies and initiate corrective actions to resolve cost discrepancies.
• Participate in physical inventory counts to ensure the accuracy of inventory records.
• Analyze and report profit margins internally.
• Prepare monthly, quarterly, and annual cost forecasts.
• Assist with monthly and year-end close processes, ensuring compliance with accounting standards.