Chief Accountant

RAFFLES; Saudi Arabia; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading company in Saudi Arabia is seeking a skilled Cost Accountant to manage and analyze cost data for timely budget reporting and financial forecasting. The ideal candidate will possess a BSc in Accounting or Finance and demonstrate strong analytical abilities alongside proficiency in accounting software, including MS Excel. This position offers an opportunity to contribute to financial decision-making and support departments in achieving their budgetary goals.

Qualifications

• Proven work experience as a Cost Accountant or similar role.
• Thorough knowledge of accounting procedures and GAAP.
• Excellent analytical skills with attention to detail.

Responsibilities

• Collect cost information and maintain an expenses database.
• Prepare budgeting reports for the company and for each department.
• Analyze and report profit margins.

Skills

Analytical skills

Attention to detail

Computer literacy

Knowledge of accounting procedures

Integrity

Education

BSc degree in Accounting

Finance or relevant study

Tools

Accounting software

MS Excel

Job description

Collect cost information and maintain an expenses database

• Determine fixed costs (e.g. salaries, rent and insurance)
• Plan and record variable costs (e.g. purchases of raw material and operations costs)
• Review standard and actual costs for inaccuracies
• Prepare budgeting reports (for the company and for each department)
• Analyze and report profit margins
• Prepare (monthly, quarterly and annual) cost forecasts
• Assisting in month-end and year-end closing
• Identify and recommend cost-effective solutions
• Other duties assigned

Qualifications

• Proven work experience as a Cost Accountant, Cost Analyst, Accountant or similar role
• Thorough knowledge of accounting procedures
• In-depth understanding of Generally Accepted Accounting Principles (GAAP)
• Experience with accounting software.
• Computer literacy, MS Excel in particular (familiarity with VLOOKUPs and pivot tables)
• Excellent analytical skills with an attention to detail
• Integrity, with an ability to handle confidential information
• BSc degree in Accounting, Finance or relevant study
  

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