Full-time Cost accountant Jobs in Dammam

Join Our Team as a Senior Cost Accountant!
At Arab Paper Manufacturing Co (WARAQ), we are looking for a highly skilled Senior Cost Accountant to manage, analyze, and report on production costs, inventory valuation, and budgetary control to drive 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.

Candidate Requirements:

• 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 tools skills.
• Strong knowledge of ERP systems (preferably Microsoft Dynamics AX).
• Analytical thinking and attention to detail.
• Proficiency in English.

Join Technogroup as a Cost Accountant!
Are you looking for an exciting opportunity in the manufacturing industry? We are seeking a talented Cost Accountant to join our team in Dammam.

Key Responsibilities:

• Analyze changes in product design, raw materials, manufacturing methods, or services provided to determine effects on costs.
• Research material costs to ensure accuracy in the company’s accounting system.
• Evaluate the Bill of Material (BOM) for each product.
• Prepare comprehensive budgeting reports for the company and its departments.
• Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
• Examine costs to determine the most efficient methods.
• Review standard and actual costs for inaccuracies and recommend cost efficiencies.
• Participate in physical inventory counts to ensure accuracy.
• Analyze and report profit margins internally.
• Assist with monthly and year-end close processes, ensuring compliance with accounting standards.

Qualifications:

• Bachelor’s degree in Accounting or Finance.
• 5 years of experience in the manufacturing industry is preferred.
• Excellent proficiency in Microsoft Excel.

If you are interested in this position, please share your CV with the job title to the provided email.