Manufacturing Cost Analyst | Freshers Welcome

Alfanar; Saudi Arabia; Presencial; SAR 60 000 - 120 000; Tempo integral

Resumo da oferta

alfanar Electric in Saudi Arabia is seeking a Cost Accountant to support manufacturing finance operations with accurate cost accounting, inventory control, production cost analysis, and financial reporting.

The role focuses on monitoring manufacturing costs, analyzing production variances, assisting with month-end closing, and maintaining reliable costing records. Freshers to 2 years of experience are welcome.

Qualificações

• Bachelor's degree in Accounting, Finance, Cost Accounting, or a related field.
• Freshers to 2 years of experience; internship or academic exposure to cost accounting, manufacturing finance, inventory accounting, or industrial cost analysis may be considered.

Responsabilidades

• Record and verify manufacturing cost transactions covering materials, labor, factory overheads, scrap, rework, and production orders.
• Assist with product costing, including standard cost updates, BOM costing, routing cost checks, and cost roll-ups.
• Monitor the allocation of manufacturing costs to production orders, cost centers, and factory activities.
• Support monthly manufacturing cost closing and ensure costs are accurately reflected in financial records.
• Maintain accurate supporting documentation for manufacturing cost calculations and accounting entries.
• Assist with inventory valuation and analyze material consumption and stock movements.
• Compare actual material usage with BOM requirements and identify unusual consumption, wastage, or variances.
• Reconcile inventory records between ERP systems, production reports, warehouse records, and physical stock.
• Support cycle counts, annual stock counts, inventory adjustments, and investigation of inventory variances.
• Help ensure inventory costs are accurately recorded and controlled.
• Analyze material, labor, overhead, scrap, rework, and production utilization variances.
• Prepare cost variance reports by product, production line, cost center, and manufacturing area.
• Work with production, planning, warehouse, and engineering teams to identify the reasons behind cost variations.
• Highlight unusual cost movements and provide relevant information to finance and factory management.
• Support corrective actions aimed at improving manufacturing cost control.
• Prepare reports covering production costs, material costs, conversion costs, labor efficiency, overhead absorption, scrap, rework, and factory utilization.
• Assist in preparing cost bridges, cost trends, manufacturing KPI reports, and management dashboards.
• Provide accurate financial information for factory performance reviews.
• Compare actual manufacturing costs with budgets, standard costs, and forecasts.
• Support management with timely cost analysis and financial insights.
• Assist with month-end and year-end closing activities related to manufacturing cost accounting.
• Review production order settlements, cost center postings, inventory transactions, and applicable accruals.
• Prepare supporting schedules for manufacturing costs, inventory balances, and variance accounts.
• Complete assigned closing activities accurately and within established reporting deadlines.
• Investigate and resolve discrepancies identified during the closing process.
• Follow company costing policies, internal controls, standard operating procedures, and approval processes.
• Support internal and external audits involving inventory, manufacturing costs, and factory expenses.
• Maintain proper records for cost calculations, reconciliations, journal entries, and variance explanations.
• Identify potential weaknesses in manufacturing cost controls and report them to the appropriate finance team.
• Ensure accounting and costing activities comply with established policies and procedures.
• Follow relevant company health, safety, quality, and environmental procedures while working within the assigned area.
• Comply with workplace requirements applicable to manufacturing and office operations.
• Bachelor's degree in Accounting, Finance, Cost Accounting, or a related field.
• Fresher to 2 years of experience (0-2 years).
• Cost Accounting
• Manufacturing Cost Accounting
• Cost Analysis
• Inventory Accounting
• Production Cost Analysis
• Cost Accounting Systems
• Standard Costing
• Variance Analysis
• Inventory Reconciliation
• Financial Reporting
• Industrial Cost Analysis
• Manufacturing KPI Reporting
• Accounting Best Practices

Conhecimentos

Cost Accounting

Manufacturing Cost Accounting

Cost Analysis

Inventory Accounting

Production Cost Analysis

Cost Accounting Systems

Standard Costing

Variance Analysis

Inventory Reconciliation

Financial Reporting

Industrial Cost Analysis

Manufacturing KPI Reporting

Accounting Best Practices

Formação académica

Bachelor's degree in Accounting/Finance/Cost Accounting

Descrição da oferta de emprego

alfanar Electric in Saudi Arabia is seeking a Cost Accountant to support manufacturing finance operations with accurate cost accounting, inventory control, production cost analysis, and financial reporting.

The role focuses on monitoring manufacturing costs, analyzing production variances, assisting with month-end closing, and maintaining reliable costing records. Freshers to 2 years of experience are welcome.