Cost Accountant📣 Job Ad

About Flowserve:
Flowserve is a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. Join a company whose people are committed to building a more sustainable future to make the world better for everyone. With over 16000 employees in 50+ countries, we combine our global reach with local presence. Our team challenges themselves to approach each situation with ingenuity and creativity to help provide our customers with the most innovative flow control products and services.

Role Summary:
Flowserve is looking for an experienced Cost Accountant who will report to the Finance Manager based locally and will work with a team. In this role, you will support a local accounting/finance structure, working directly with operations and assisting other facilities if needed.

Your Role:

• Month end reporting
• Perform month end close for Inventory/Purchasing and Accounts Receivable close and reconciliation
• Project accounting - monthly review of margins and processing
• Sales and margin analysis
• Processing month end journals including accruals, prepayments, and recharges
• Fixed Asset accounting
• Reconcile month end bookings
• Balance sheet reconciliations
• Management and ownership of standard costing system
• Data analysis for cost and manufacturing within the business
• Other duties as assigned

Your Profile:

• Strong Cost Accounting knowledge and experience
• General knowledge of accounting policies
• Proficiency in Excel and other MS Office products
• Clear and concise communication skills
• Ability to challenge the norm and seek better solutions/processes
• Systems knowledge: Oracle, BPC, SAP is beneficial
• BS or BA Degree in relevant field
• 35 years practical experience in Cost Accounting and POC Accounting

Join Al-Fahhad Zegwaard Co. as a Cost Accountant!
Are you passionate about finance and accounting? At Al-Fahhad Zegwaard Co., we are seeking a skilled Cost Accountant to join our dynamic team. This position is vital for providing in-depth cost analysis and contributing to our subsidiary's financial health.

About the Role:
The Cost Accountant will be responsible for designing and implementing effective cost accounting systems to capture and analyze all operational costs for projects and contracts. You will provide actionable insights for strategic decision-making, cost optimization, and profitability improvement.

Key Responsibilities:

• Develop, implement, and maintain cost accounting systems.
• Collect and analyze cost data from ERP systems.
• Assist in developing annual budgets and rolling forecasts.
• Prepare insightful reports and dashboards summarizing cost trends.
• Support compliance with company policies and IFRS standards.

Qualifications:
The ideal candidate will have a Bachelor's degree in Accounting or Finance and at least 58 years of experience in cost or management accounting, preferably in service-oriented industries. Professional certifications like CMA are preferred. Strong analytical skills, attention to detail, and proficiency in ERP systems are essential.

Join Us!
If you are ready to take on this exciting opportunity to drive financial insights at Al-Fahhad Zegwaard Co., apply now!