Cost Accountant

Join Our Team as a Cost Accountant!
We are excited to announce an opening for a skilled Cost Accountant to join a leading manufacturing company specializing in eco-friendly, reusable non-woven fabric bags.

Job Summary:
The Cost Accountant will be a vital part of our team, responsible for maintaining accurate cost records, conducting detailed cost analyses, and providing critical financial insights to ensure operational efficiency and enhance profitability.

Key Responsibilities:

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

Qualifications:

• Bachelor's degree in Accounting or Finance.
• A 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 as well as collaboratively within a team.

Preferred Qualifications:

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

If you are interested in this opportunity, please send us your updated resume.

Join Our Team as a Senior Cost Accountant!

At 4 Horizons Group, a leading service provider in Saudi Arabia, we pride ourselves on delivering exceptional services across various sectors including maintenance, cleaning, hospitality, and logistics. We are looking for a committed Senior Cost Accountant to support our financial operations and ensure client satisfaction through high-quality service.

Role Overview:
The Senior Cost Accountant will be responsible for managing the cost cycle effectively, which includes:

• Posting purchasing documents and related accounting entries including local and foreign material invoices.
• Supporting inventory accounting activities and contributing to reconciliations.
• Calculating the Cost of Production accurately and timely.
• Assisting in both system‑based and manual costing processes.
• Conducting cost variance analysis across materials, labor, overhead, and production.
• Preparing basic cost reports and summarizing them for management, identifying potential cost‑saving opportunities.
• Communicating efficiently with finance, procurement, supply chain, and production teams to ensure smooth processes.

Qualifications:
The successful candidate will have a solid understanding of finance and accounting principles, particularly related to Cost of Production, inventory, and procurement accounting. Preferred qualifications include:

• Experience with Foodex and familiarity with local ERPs (*, Rahkaran).
• Knowledge of production workflows including Bill of Materials (BOM) and cost allocation methods.
• Understanding of fixed vs. variable costs and their impact on operational reporting.

Why Join Us?
We offer a collaborative environment where teamwork and innovation are highly valued. If you are looking for a role that challenges you to think creatively and strategically, apply today and be part of our journey to excellence!