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Sr. Costing Accountant

Arab Paper Manufacturing Co (WARAQ)

Dammam, Saudi ArabiaAED 5,000-12,000/moSAR 5.1K-12.2K/moToday
Saudi ArabiaFinance & AccountingFull Time

Skills Required

ExcelAccountingErp

Job Description

A Senior Cost Accountant manage, analyze, and report on production costs, inventory valuation, and budgetary control to drive the company profitability.Main Responsibilities:Monitor and analyze production costs, direct and indirect materials, labor, and overheads.Maintain and validate Bill of Materials (BOM) and routing information in the ERP system.Perform periodic cost roll-ups and standard cost updates based on approved changes.Prepare detailed cost variance analysis reports, highlighting key fluctuations.Reconcile inventory valuation for raw materials, work-in-progress, and finished goods.Coordinate monthly and year-end closing activities related to cost of goods sold (COGS).Analyze cost structures and recommend improvements to reduce production expenses.Track scrap, rework, and non-conformance costs with appropriate justifications.Support annual budgeting and forecasting of manufacturing cost centers.Perform profitability and margin analysis by product, customer, and region.Assist internal and external auditors with cost-related inquiries and documentation.Evaluate the impact of price changes, exchange rates, and utility consumption on product costing.Prepare reports to support pricing, quotations, and tenders for both local and export markets.Collaborate with warehouse, production, and maintenance teams for accurate cost inputs.Ensure compliance with internal controls, costing policies, and audit recommendations.We are looking for a candidate with the following:Bachelor’s degree in Accounting, Finance, or Industrial Management.Minimum of 5-8 years of experience in the same field.Advanced Microsoft Excel and costing toolsStrong knowledge of ERP systems (preferably Microsoft Dynamics AX)Analytical thinking, attention to detail, and manufacturing cost control#J-18808-Ljbffr