Cost Accountant

Techo Group; Dammam; On-site; SAR 60,000 - 100,000; Full time

Job summary

Join a forward-thinking company as a Cost Analyst, where you will leverage your accounting expertise to analyze manufacturing costs and optimize budgeting processes. This role involves preparing detailed reports, evaluating product costs, and ensuring the accuracy of financial records. You will play a crucial part in enhancing cost efficiencies and supporting the company's financial health. If you have a passion for finance and a keen analytical mind, this is an exciting opportunity to make a significant impact in a dynamic manufacturing environment.

Qualifications

• 5 years of experience in manufacturing industry preferred.
• Excellent proficiency in Microsoft Excel is required.

Responsibilities

• Analyze product design and manufacturing methods to assess cost impacts.
• Prepare budgeting reports and analyze manufacturing costs for accuracy.
• Participate in inventory counts and ensure compliance with accounting standards.

Skills

Cost Analysis

Budgeting

Inventory Management

Financial Reporting

Problem Solving

Microsoft Excel

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Job description

Qualifications

1. Bachelor's degree in Accounting or Finance.
2. 5 years of experience in the manufacturing industry is preferred.
3. Analyze changes in product design, raw materials, manufacturing methods, or services provided to determine effects on costs.
4. Research material costs to ensure the accuracy of information in the company's accounting system.
5. Evaluate the Bill of Material (BOM) for each product.
6. Prepare budgeting reports for the company and each department.
7. Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
8. Examine costs to determine the most efficient methods.
9. Review standard and actual costs for inaccuracies.
10. Recommend cost efficiencies and initiate corrective actions to resolve cost discrepancies.
11. Participate in physical inventory counts to ensure the accuracy of inventory records.
12. Analyze and report profit margins internally.
13. Prepare monthly, quarterly, and annual cost forecasts.
14. Assist with monthly and year-end close processes, ensuring compliance with accounting standards.
15. Excellent in Microsoft Excel.

If you are interested, please share your CV with the job title to: [e-mail]. You can also share it in the comments.