Accounts Receivable Accountant

alfanar; Riyadh; On-site; SAR 30,000 - 50,000; Full time

Job summary

An established industry player is seeking a detail-oriented financial analyst to support its manufacturing plant. This role involves monitoring costs, analyzing variances, and ensuring accurate inventory valuation. The ideal candidate will collaborate with project managers to enhance cost management and operational efficiency. Join a dynamic team that values quality and proactive development in a modern manufacturing hub in Riyadh. If you're ready to make an impact in a thriving company that prioritizes human capital and innovative solutions, this opportunity is for you.

Qualifications

• 2 to 4 years of work experience in financial support and cost management.
• Strong understanding of accounting methods and principles.

Responsibilities

• Conduct cost comparisons and analyze variances with project managers.
• Monitor expenses and ensure accurate product confirmations.

Skills

Cost Analysis

Financial Reporting

Problem-Solving

Communication Skills

Education

Bachelor's Degree in Accounting and Finance

Tools

Accounting Software

Job description

Job description: Job Purpose

Provide financial support for the manufacturing plant, ensuring precise allocation of costs to products within a standard cost framework. Monitor and report cost variances, value inventory, and support the operations team. Monitor expenses and allocate them to the final product.

Key Accountability Areas

Cost Comparison and Analysis:

• Conduct comparisons between standard costs and estimated costs of products.
• Analyze variances between standard and estimated costs to identify reasons in collaboration with project managers.
• Compare planned costs with actual costs for both products and semi-finished goods.

Expense and Communication:

• Determine the appropriate cost center for expense documents submitted by the payable department.
• Communicate with project managers to provide feedback and request estimation sheets or explanations as needed.

Inventory and Production Monitoring:

• Evaluate and verify the estimated costs of semi-finished goods.
• Monitor consumption transactions related to production orders.
• Ensure the accuracy of product confirmations.
• Oversee the production cycle of products and ensure continuous recording in the system.

Documentation and Collaboration:

• Maintain Bills of Materials (B.O.M) and routing documentation in coordination with project managers.
• Follow up with design and production departments to finalize the closure of COGI (Cost of Goods Issued).
• Identify and report program errors or user-caused issues to relevant parties for resolution.

Role Accountability

HR Proficiency:

• Maintain updated soft and technical skills related to the job.
• Develop a vision and plan for career growth and how to achieve it.

Delivery:

• Perform planned activities to meet operational and development targets as per schedules.
• Utilize resources effectively to achieve objectives within cost and time constraints.
• Provide periodic reports detailing deviations and execution of planned tasks.

Problem-Solving:

• Resolve related problems and escalate complex operational issues.

Quality:

• Ensure quality requirements are met to develop effective quality control processes, including specifications for products, processes, or related activities.

Business Process Improvements:

• Establish well-defined written systems, policies, and procedures, and seek automation opportunities.

Compliance:

• Adhere to relevant policies, procedures, and work instructions.

Health, Safety, and Environment:

• Ensure compliance with safety, quality, and environmental management procedures to guarantee safety, legislative compliance, and high-quality delivery.

Qualifications and Experience

• Bachelor's Degree in Accounting and Finance
• 2 to 4 years of work experience

Technical / Functional Competencies

• Accounting Methods
• Accounting Principles

Profile description:

Alfanar is a Saudi company with an international presence, engaged in manufacturing and trading electrical products, energy solutions, oil and gas, water treatment, infrastructure, technical services, and digital solutions.

The manufacturing hub is located in Medinet alfanar Alsinaiya, Riyadh, featuring modern facilities and skilled professionals.

Alfanar emphasizes quality, human capital development, and a proactive work environment. For more information, visit alfanar.com.