Cost Accountant

Arbete Careers; Al Khobar; On-site; SAR 120,000 - 180,000; Full time

Job summary

A leading company in the Oil & Gas industry in the Eastern Province is seeking a Cost Accountant. The role involves developing cost accounting systems, conducting variance analysis, and preparing budgets. Candidates should have a BSC degree and a minimum of 3 years of relevant experience, alongside strong ERP and Microsoft tools skills. This position offers opportunities for professional growth within a dynamic environment.

Qualifications

• Minimum 3 years of experience in cost accounting.
• Strong understanding of cost accounting systems and variances.
• Experience with ERP systems and Microsoft tools.

Responsibilities

• Develop and monitor cost accounting systems.
• Conduct variance analysis and reporting.
• Manage intra-company transfer pricing.
• Prepare budgets and BP reports.
• Measure and analyze financial and non-financial elements (BEP, CVP, inventory reconciliation) and report findings timely.
• Report cost/profit center variances with clear justification.
• Roll out cost accounting in ERP and streamline records.
• Monthly reporting of direct and indirect costs with variances and justifications.
• Proficient in Microsoft Office.
• Experience with ERP and Oracle ERP preferred.

Skills

Cost accounting systems development

Variance analysis

Financial analysis

Reporting skills

ERP systems knowledge

Microsoft tools

Education

Bachelor's degree in relevant field

Tools

ERP systems

Oracle ERP

ERP systems

Job description

Overview

One of the leading companies in the Oil & Gas Industry in the Eastern Province of KSA is hiring for the position of Cost Accountant

Responsibilities

1. To develop the Cost accounting systems & drill down the cost variances at the BOM level and report issues thereon
2. To develop and monitor the intra-company Transfer Pricing.
3. To participate in Budget and BP Preparation.
4. Variance analysis and reporting.
5. To measure and analyze financial and non-financial elements (including BEP analysis, CVP analysis, Inventory reco. etc.) and timely report
6. Reporting of cost/profit center heads including the variances and giving ample justification for those variations.
7. Rollout of cost accounting systems in ERP & Streamline all cost accounting records
8. Monthly reporting of all direct and indirect costs, variations with justifications
9. A good Knowledge of using Microsoft tools
10. A good knowledge & working on ERP & Oracle ERP Preferred

Qualifications

• Location: Eastern Province
• Years of Experience: 3 Years plus
• Education: BSC