Cost Accountant📣 Job Ad

Join Our Team as a Cost Accountant!
Our client, a leading producer and distributor of high-quality, eco-friendly, reusable non-woven fabric bags, is seeking a skilled Cost Accountant to be a vital part of their dynamic team in Jeddah, Saudi Arabia. This is an excellent opportunity for a dedicated professional to contribute to the efficiency and profitability of an innovative company.

Job Summary:
The Cost Accountant will be responsible for maintaining accurate cost records, conducting cost analyses, and providing financial insights 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 Rashed Food Company as a Procurement Officer!
We are seeking a highly organized and detail-oriented individual to manage our procurement process and supply chain activities.

Key Responsibilities:

• Source suppliers and negotiate contracts.
• Manage vendor relationships to ensure timely and cost-effective procurement of goods and services.
• Assess products, services, and suppliers.
• Maintain excellent negotiation skills and relationships with suppliers.
• Execute strategic thinking in procurement processes.
• Manage time effectively and work under pressure.
• Follow up rigorously on procurement activities.
• Convert Purchase Requests (PR) to Purchase Orders (PO).
• Share and follow up on POs to ensure timely delivery.
• Negotiate payment terms and communicate with Finance for payments, CN, DN, and SOA.
• Maintain good documentation and archiving practices.

Requirements:

• Bachelor's degree in Business Administration or related fields.
• Minimum 2 years of relevant experience.
• Driving license is preferred but not mandatory.
• Familiarity with the Riyadh marketplace.
• Willingness to work onsite and engage in street buying.
• Good command of English, ERBs, and MS Excel.
• Knowledge of procurement basics including RFQ, PR, PO, PI, CI, and GRN.
• Fair business communication skills, both spoken and written.
• Procurement certification is a plus.
• Awareness of SFDA/SASO requirements.
• Understanding of customs clearance and the Fasah system.

Join Our Team as a Finance Manager!
We are a leading manufacturer and distributor of eco-friendly, reusable non-woven fabric bags, specializing in high-quality branded eco-packaging solutions.

Job Summary:
As a Finance Manager, you will evaluate financial information, conduct strategic analyses, and report on various financial aspects, including profit & loss, balance sheets, and cash flow. Your pivotal role will influence decision-making and spearhead cross-business initiatives.

Key Responsibilities:

• Oversee cash flow planning and management for liquidity enhancement.
• Collaborate with business units to develop annual budgets and report performance.
• Review monthly bank reconciliations to detect and prevent accounting errors.
• Ensure timely collections of receivables and payments to suppliers.
• Control the accounting cycle and record transactions accurately.
• Produce timely Financial and Management reports as required.
• Review financial and tax reports, ensuring adherence to laws and regulations.

Skills Required:

• Strong analytical and organizational skills.
• Exceptional personal initiative and drive.
• Proficiency in financial modeling and analysis tools.
• Effective communication and presentation abilities.

Qualifications:

• Bachelor's degree in Finance, Accounting, Business, or a related field.