Cost Accountant (Industrial)

Translated
On-site Full Time
Saudi , Al Damam
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Job Details

A leading company in the iron industries, doors – aluminum – wood of various types in Dammam city announces

availability of a job vacancy titled General Cost Accountant))

Requirements: a bachelor's degree in accounting or finance

Experience of not less than 3 years

Preference for experience in the industrial sector or factories

Strong preference for having experience on the Oddo system

 Oracle NetSuite ERP

Good knowledge of accounting operations and financial reporting

 

 

Key responsibilities for the industrial accountant:

Tracking and evaluating inventories

 Calculating raw material costs, monitoring stock movements and evaluating their value (whether raw materials, work in progress, or finished goods

Calculating production costs

 Allocating direct costs (such as raw materials and wages) and indirect costs (such as factory rent and utility bills) to production units

Variance analysis

 Comparing actual costs with standard or planned costs and analyzing causes of any increases or decreases to address them

Support pricing decisions

 Providing accurate financial data to help top management make optimal product pricing decisions

Establishing budgets and managerial accounting        

Participating in the preparation of operating budgets, and presenting periodic management reports showing spend areas and performance rates

Tax compliance   

Coordination with relevant authorities (such as the Zakat, Tax and Customs Authority in Saudi Arabia)   ensuring compliance with tax returns and regulations

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