Cost Accountant📣 Job Ad

Job Purpose
Tracking, analyzing, and managing cost expenditures and purchases. Ensure that the company maintains profitability by accurately assessing the costs involved in business. Provide detailed reports for cost control and efficiency improvements.

Key Accountability Areas

• Cost Calculation & Analysis:
  Develop, monitor, and update standard costs for materials, labor, and overhead. Analyze cost variances by comparing actual costs to standard costs and investigating discrepancies. Prepare detailed cost analysis reports to help management understand the financial performance of products or services.
• Budgeting & Forecasting:
  Collaborate with the finance and operations teams to prepare annual budgets and forecasts for costs. Provide periodic cost forecasts and conduct variance analysis to ensure the organization stays within budgetary constraints.
• Inventory Management:
  Monitor inventory levels and costs to ensure that inventory is accurately valued. Analyze inventory turnover and assess the impact of inventory management practices on overall cost performance.
• Reporting:
  Generate periodic cost reports, providing detailed insight into cost behavior, profit margins, and areas for improvement. Present cost trends, make recommendations on cost control measures, and assist in pricing decisions based on cost data.
• Internal Controls:
  Ensure that all cost-related processes adhere to company policies and financial regulations. Conduct internal audits to verify the accuracy and integrity of cost records and reports. Collaborate with the audit team to ensure that cost records comply with external regulations and audit standards.
• Compliance & Documentation:
  Ensure all costing records and reports are well-documented, easily accessible, and compliant with relevant accounting standards. Assist in the preparation of year-end financial statements by providing cost-related information.

Role Accountability

• HR Proficiency:
  Ability to obtain updated soft and technical skills related to the job.
• Delivery:
  Perform the planned activities to meet the operational and development targets as per delivery schedules. Utilize resources effectively to achieve objectives within efficient cost and time. Provide a periodic report formatted by detailing the deviation and execution of planned tasks.
• Problem-Solving:
  Solve any related problems arise and escalate any complex operational issues.
• Quality:
  Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.
• Business Process Improvements:
  Coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.
• Compliance:
  Comply with related policy and procedures and work instructions.
• Health, Safety, and Environment:
  Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.

Academic Qualification
Bachelor Degree in Accounting and Finance
Work Experience
2 to 5 Years
Technical / Functional Competencies
Cost Accounting Best Practices, Cost Accounting Systems, Cost Analysis

Alfanar is a Saudi company with an international presence, primarily engaged in the manufacturing and trading of a wide variety of low, medium, and high voltage electrical products, in addition to its portfolio of conventional and renewable energy solutions, oil and gas, water treatment, infrastructure, technical services, and digital solutions.

Join our dynamic team as a Financial Analyst at GCC Lab Technical Services Co.!
We are looking for a motivated professional with a strong background in finance to support strategic financial decisions and contribute to our company's success.

Key Responsibilities:

• Analyze financial data to identify trends, variances, and opportunities.
• Prepare reports, forecasts, and budgets for management.
• Support decision-making through financial modeling and performance analysis.
• Monitor key financial metrics and KPIs.
• Ensure compliance with internal policies and regulatory requirements.

Requirements:

• Bachelor’s degree in Finance, Accounting, or related field.
• Minimum 3 years of experience as a Financial Analyst or in a similar role.
• Strong analytical and problem-solving skills.
• Proficient in MS Excel and financial reporting tools.
• Attention to detail and ability to work independently.

Join the Team at Basamh Group!
At Basamh Group, our mission is to grow people and companies by empowering individuals and fostering collaborative relationships to achieve sustainable success. Backed by over 75 years of experience, we’ve built a strong, consumer-centric ecosystem serving the MEA region. We are currently seeking a motivated and results-oriented Sales Executive to join our dynamic sales team.

Job Overview
The Sales Executive will be responsible for driving sales growth, building and maintaining strong client relationships, and identifying new business opportunities. This role requires excellent communication skills, a strong understanding of our products, and the ability to work collaboratively in a fast-paced environment.

Responsibilities

• Achieve monthly and annual sales targets for assigned accounts.
• Identify and acquire new clients to expand the company’s footprint.
• Maintain strong, long-term relationships with existing customers to drive retention and repeat sales.
• Promote and present company products, ensuring strong product knowledge and positioning.
• Support the execution of trade promotions, activation, and in-store visibility initiatives.
• Monitor customer orders, coordinate deliveries, and follow up to ensure service quality.
• Handle day-to-day customer queries and resolve issues to maintain client satisfaction.
• Track competitor activities and market trends, sharing insights with the sales management team.
• Provide accurate sales reports, forecasts, and updates to the Regional Sales Manager.
• Ensure timely collection of receivables from assigned customers.
• Support product launches by driving distribution, visibility, and sales in the assigned area.
• Represent the company during client visits, tastings, and local trade events.

Minimum Experience

• Education: Bachelor's degree in Business, Marketing, or a related field.
• Experience: Minimum of 2 years of sales experience, preferably in a relevant industry.
• Proven track record of meeting or exceeding sales targets.
• Experience in customer relationship management and account management.

Working Environment
At Basamh Group, we pride ourselves on attracting talented individuals by offering dynamic and rewarding professional opportunities that inspire growth and innovation. We are deeply committed to fostering a culture of growth by supporting continuous development through hands-on learning, comprehensive online resources, interactive training, and personalized coaching, thus ensuring that our employees find fulfillment in their careers.