Costing Section Head

Company OverviewAMI is a leading Saudi company specializing in the design, fabrication, and supply of structural steel buildings and pre-engineered steel structures for commercial, industrial, and infrastructure projects across Saudi Arabia and GCC countries. The company operates large-scale steel fabrication facilities and has been serving the market since 1978.Job SummaryThe Costing Section Head / Senior Cost Accountant is responsible for managing and overseeing all cost accounting activities related to manufacturing, fabrication, and project-based steel production. The role ensures accurate product costing, monitoring of manufacturing variances, and supporting management with cost analysis for strategic decision-making.The position works closely with Production, Engineering, Procurement, and Finance teams to ensure cost efficiency and profitability across structural steel fabrication projects and manufacturing operations.Key ResponsibilitiesCost Accounting & Product CostingManage and supervise all costing activities related to structural steel fabrication and manufacturing operations.Develop and maintain standard cost models for steel products, fabrication processes, and project-based manufacturing.Calculate product cost per ton / per project including raw materials, labor, overhead, and fabrication costs.Analyze Bill of Materials (BOM) and routing structures for accurate cost allocation.Maintain and update cost structures based on changes in steel prices, labor rates, and production efficiency.Manufacturing Cost ControlMonitor and analyze manufacturing variances (material usage, labor efficiency, overhead absorption).Identify cost-saving opportunities across fabrication, production, and operational processes.Track production costs vs. standard costs and highlight deviations to management.Support operational teams in improving cost efficiency and reducing waste.Project Costing (Structural Steel & PEB Projects)Support estimation and costing for structural steel projects and pre-engineered building projects.Review project budgets and monitor actual project costs versus estimated costs.Work closely with engineering and project management teams to analyze cost drivers.Prepare project profitability analysis and margin reports.Inventory & Material CostingOversee inventory valuation and cost tracking of raw materials, WIP, and finished goods.Monitor steel consumption, scrap levels, and material yield.Ensure proper costing treatment for steel coils, plates, and fabrication materials.Financial Analysis & ReportingPrepare monthly cost reports, variance analysis, and cost performance dashboards.Provide management with insights on cost trends, margins, and operational efficiency.Support budgeting, forecasting, and cost planning activities.Systems & Process ImprovementImprove costing methodologies and internal controls within the manufacturing process.Support ERP system implementation or enhancement related to cost accounting.Standardize costing processes and reporting procedures.Leadership & Team ManagementLead and supervise the costing team and ensure timely completion of cost accounting tasks.Train and mentor team members on costing methodologies and financial analysis.Coordinate with cross-functional departments including production, procurement, engineering, and finance.SkillsBachelor’s degree in Accounting, Finance, or Cost Accounting.Professional certifications such as CMA, CPA, or ACCA are preferred.5 – 10 years of experience in cost accounting within manufacturing or steel fabrication industry.Strong knowledge of standard costing, manufacturing costing, and variance analysis.Experience in project costing for industrial or construction-related manufacturing is highly preferred.Required SkillsStrong knowledge of manufacturing cost accounting and inventory costing.Experience with ERP systems (SAP, Oracle, or similar manufacturing ERP).Advanced Excel and financial modeling skills.Knowledge of BOM costing and production routing structures#J-18808-Ljbffr