Cost accountant Jobs in Jeddah

Join a Leading Manufacturer as a Cost Accountant!

Our client, a prominent producer and distributor of eco-friendly reusable non-woven fabric bags, is looking for a skilled Cost Accountant to be part of their dynamic team in Jeddah, Saudi Arabia.

Job Summary:
The Cost Accountant will play a crucial role in maintaining accurate cost records and conducting detailed cost analyses to support operational efficiency and profitability.

Responsibilities:

• Develop and maintain standard costs for products, including raw materials, labor, and overhead.
• Conduct variance analysis to identify cost deviations and implement corrective actions.
• Analyze cost trends and provide recommendations for cost reduction opportunities.
• Prepare and analyze cost reports, including product profitability and inventory valuation.
• Assist in the development and implementation of cost accounting systems and procedures.
• Support the budgeting and forecasting process by providing accurate cost data.
• Collaborate with production and operations teams to optimize cost efficiency.

Qualifications:

• Bachelor's degree in Accounting or Finance.
• Minimum of 3 years of experience in cost accounting.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and accuracy.
• Ability to work independently and as part of a team.

Preferred Qualifications:

• Experience in the manufacturing industry.
• Knowledge of inventory management principles.
• Certification in Cost Management.

Join Al Jameel Group as a Cost Accountant!
Al Jameel Group is a leading Saudi company specializing in food and beverage manufacturing and distribution. With the recent launch of our Kinza soft drinks brand, we are rapidly expanding in Saudi Arabia and the Middle East, and we are looking for talented individuals to join our dynamic team.

Purpose of the Role:
The Cost Accountant will establish, monitor, and enhance cost accounting systems for Kinza’s operations. This role plays a crucial part in ensuring accurate product costing and supporting decision-making to improve profitability across the value chain.

Key Responsibilities:

• Product Costing (Factory): Develop and maintain cost models, analyze BOMs, monitor variances, and support SAP configuration.
• Logistics & Distribution Costing: Collaborate with the Supply Chain team to capture logistics costs and analyze distribution expenses.
• Export & Franchise Costing: Assist in determining transfer prices for exports and franchises.
• Financial Planning & Analysis Support: Provide cost data for budgeting and contribute to pricing decisions.
• Continuous Improvement & Control: Recommend cost control measures and support Lean initiatives.
• Reporting & Compliance: Prepare cost accounting reports and ensure audit compliance.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or Industrial Engineering.
• Professional certification (CMA, CPA, or ACCA) preferred.
• 58 years of experience in manufacturing or FMCG sectors.
• Hands-on experience with SAP S/4HANA is a significant advantage.
• Proficient in Excel, Power BI skills are a plus.
• Fluency in English and Arabic.

Personal Attributes:

• Detail-oriented with strong analytical skills.
• Excellent communication and collaboration abilities.
• Proactive and able to work under pressure.
• High integrity and confidentiality.