Cost accountant Jobs in Jeddah

About the Role
The Senior Accountant – Inventory & Costing is responsible for overseeing all accounting activities related to inventory, costing, and stock control. This role ensures accurate valuation of inventory, compliance with financial standards, and timely reporting to support decision-making.

Key Responsibilities

• Cost Control & Analysis
  Develop and maintain robust cost control procedures. Monitor operational costs and expenditures to ensure adherence to budget.
• Inventory Accounting & Control
  Maintain accurate inventory records within the ERP system. Plan and execute periodic physical inventory counts.
• Financial Reporting
  Prepare detailed monthly, quarterly, and annual cost analysis reports, including variance analysis.
• Compliance & Audit
  Ensure all activities comply with company policies and IFRS/GAAP standards.
• Cross-Functional Collaboration
  Work closely with Procurement, Supply Chain, and Operations teams to ensure cost efficiency.
• Risk Management
  Analyze and report on risks related to costs and inventory.

Qualifications & Experience
- Bachelor’s degree in accounting, Finance, or related field. CMA, CPA, or ACCA preferred.
- Minimum 5–7 years’ experience in accounting, with at least 3 years focused on inventory and costing in a manufacturing environment.
- Strong knowledge of IFRS and cost accounting principles.
- Hands-on experience with ERP systems (SAP, Oracle, etc.).
- Advanced MS Excel and financial modeling skills.

About Bahra Electric
Bahra Electric Group is a pioneer in electrical manufacturing and energy solutions. We are committed to the highest standards of quality and safety.