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Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationDammam
Join Our Team as a Senior Cost Accountant
Arab Paper Manufacturing Co (WARAQ) is seeking a skilled Senior Cost Accountant to manage, analyze, and report on production costs, helping drive company profitability.

Main Responsibilities:
  • Monitor and analyze production costs, including 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.

Qualifications:
  • 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 proficiency.
  • Strong knowledge of ERP systems (preferably Microsoft Dynamics AX).
  • Analytical thinking, attention to detail, and expertise in manufacturing cost control.
  • Proficiency in English.

Requirements

  • Requires 2-5 Years experience

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