Cost Accountant – Industrial Sector | Saudi Arabia

Rawaj-HCM; Riyadh; On-site; SAR 90,000 - 150,000; Full time

Job summary

Rawaj-HCM in Riyadh is seeking a Cost Accountant to analyze production costs, monitor expenses and allocate costs to support financial control and profitability.

The role requires coordination with production, procurement and finance teams, preparation of cost reports, and variance analysis to drive budgeting and cost-control efforts.

Qualifications

• 3–5 years of cost accounting experience in manufacturing
• Bachelor's degree in Accounting/Finance
• Strong knowledge of cost accounting, production costing, and inventory valuation
• Proficient in Excel and ERP systems

Responsibilities

• Analyze and monitor production costs, including raw materials, labor, and manufacturing overhead.
• Prepare cost reports and analyze variances between actual and budgeted costs.
• Monitor inventory valuation, stock movements, and cost allocation.
• Support budgeting, forecasting, and cost-control activities.
• Identify opportunities to reduce costs and improve operational efficiency.
• Coordinate with production, procurement, and finance teams to ensure accurate cost data and reporting.
• Ensure compliance with accounting standards and internal financial procedures.

Skills

Cost accounting

Production costing

Inventory valuation

Analytical skills

Attention to detail

Education

Bachelor's degree in Accounting/Finance

Tools

Excel

ERP systems

Job description

Leverage your abilities and join the dynamic team of a leading company specializing in the Food and Beverage Manufacturing .

The Cost Accountant will be responsible for analyzing production costs, monitoring expenses, and ensuring accurate cost allocation to support financial control, operational efficiency, and profitability.

Location: Riyadh, Saudi Arabia

Key Responsibilities:

• Analyze and monitor production costs, including raw materials, labor, and manufacturing overhead.
• Prepare cost reports and analyze variances between actual and budgeted costs.
• Monitor inventory valuation, stock movements, and cost allocation.
• Support budgeting, forecasting, and cost-control activities.
• Identify opportunities to reduce costs and improve operational efficiency.
• Coordinate with production, procurement, and finance teams to ensure accurate cost data and reporting.
• Ensure compliance with accounting standards and internal financial procedures.

Requirements

• 3–5 years of experience in cost accounting, preferably within an industrial or manufacturing environment.
• Bachelor's degree in Accounting, Finance, or a related field.
• Strong knowledge of cost accounting, production costing, and inventory valuation.
• Experience analyzing cost variances, preparing cost reports, and controlling manufacturing expenses.
• Proficiency in Excel and accounting/ERP systems.
• Strong analytical skills and attention to detail.