Cost Accountant

About the Role

Neway Valve is seeking a Cost Accountant to join its team in Dammam, Eastern Province. This full-time role involves managing financial and cost analysis, ensuring compliance with accounting standards, and supporting audit processes. The position requires 2-5 years of relevant experience.

Key Responsibilities

• Process and review accounting entries within the SAP system.
• Prepare comprehensive financial and cost analysis reports.
• Participate in periodic inventory and asset counts and monitor inventory turnover.
• Support external audits (both headquarters and local) by providing necessary internal and external documentation.
• Ensure strict compliance with IFRS principles and Saudi VAT and ZATCA regulations.
• Collaborate effectively with cross-functional and management teams.
• Manage daily company banking activities and coordinate with banks.
• Process bank transfers, deposits, government payments, and other banking transactions.
• Execute financial tasks accurately and efficiently, often within short notice.
• Perform other tasks as assigned by the HQ Finance Department.

Qualifications and Experience

• A minimum of 2 to 5 years of experience in a cost accounting or similar financial role.
• Demonstrated ability to handle and execute financial tasks accurately and efficiently.
• Proficiency in processing and reviewing accounting entries in SAP.
• Strong understanding of IFRS principles and Saudi VAT and ZATCA regulations.

Work Environment

This full-time position is based at our facilities within SPARK in Dammam, Eastern Province.

Application Process

Salary details for this position will be discussed during the interview process.