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Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationJeddah
Join the team as a Cost Accountant!
In this critical role at شركة مصنع المركز التقدمي لإنتاج كيماويات مواد البناء, you will play a vital part in analyzing and recording costs, ensuring precise financial oversight and insightful reporting.

Key Responsibilities:
  • Cost Analysis: Calculate costs of raw materials, labor, and indirect expenses for products or services.
  • Budget Preparation: Help prepare annual financial forecasts and compare actual costs with budgeted amounts to identify variances.
  • Inventory Monitoring: Regularly track inventory movements to ensure the accuracy of financial data.
  • System Development: Design and enhance cost accounting systems for better expense tracking.
  • Financial Reporting: Generate regular reports for management concerning profit margins, cost of goods sold, and operational efficiency.

Qualifications and Skills Required:
  • Education: Bachelor's degree in Accounting or Finance.
  • Technical Skills: Proficiency in ERP systems (SAP or Oracle) and advanced Excel skills.
  • Analytical Skills: Strong ability to analyze data for actionable insights.
  • Attention to Detail: Keen attention to detail for maintaining accuracy in cost accounting.

Take a step forward in your career with us and help shape the financial landscape of our company!

Requirements

  • Requires 2-5 Years experience

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Cost Accountant

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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.

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OCTA FOOD

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Job Objective: Analyze and determine the costs of production or services, and monitor financial deviations to assist in making accurate pricing decisions and enhancing profitability efficiency.

Tasks and Responsibilities:

  • Collect and analyze data to determine the costs of business activities (raw materials, labor, indirect expenses).

  • Prepare Variance Analysis reports comparing actual and standard costs.

  • Monitor inventory movements and conduct periodic inventory assessments.

  • Provide recommendations to reduce waste and improve cost efficiency in operational processes.

  • Contribute to the preparation of budget estimates for projects or production lines.

Requirements and Qualifications:

  • Nationality: Saudi (preferred).

  • Qualification: Bachelor’s degree in Accounting.

  • Experience: At least five years of experience.

  • Skills: High analytical ability, extreme accuracy in dealing with numbers, and a deep understanding of the manufacturing/operating cycle.

  • Additional Features: CMA certification (Certified Management Accountant).

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