Full-time Cost accountant Jobs in Riyadh

Join Our Team as a Cost Accountant
Fuel Professional Consulting is seeking a detail-oriented and analytical Cost Accountant to join our engineering services team in Riyadh. This role is crucial in supporting management with cost analysis and operational efficiency.

Job Objective:
To prepare and analyze direct and indirect costs related to projects and services, ensuring accurate unit costs to aid in pricing decisions and expense control.

Key Duties and Responsibilities:

• Collect data on costs, including materials, labor, and operational expenses.
• Set up cost centers and monitor spending for each department or project.
• Calculate unit costs of projects or services periodically.
• Analyze variances between actual and planned costs and propose corrective actions.
• Prepare periodic reports, including monthly project cost reports and variance analysis reports.
• Contribute to the preparation and monitoring of budgets.
• Recommend cost reduction initiatives and efficiency improvements.
• Collaborate with procurement, HR, and project teams to ensure cost control.
• Ensure compliance with accounting standards and local regulations.

Qualifications and Requirements:

• Bachelor’s degree in Accounting, Finance, or a related field.
• 24 years of practical experience in cost accounting or service/industrial accounting.
• Strong knowledge of costing systems.
• Familiarity with IFRS standards.
• Proficiency in ERP systems (preferably Odoo or similar).
• Strong analytical and financial reporting skills in Excel.

Behavioral Skills:

• Accuracy and attention to detail.
• Analytical thinking and problem-solving abilities.
• Ability to work under pressure.
• Strong communication and collaboration skills.

This is a full-time, office-based position located in Riyadh. We encourage interested candidates to apply and join our dynamic team.

Join our team at SJ bakery
We are a company in the bakery field, working to provide high-quality products to our customers. As we continue to expand, we are looking for a precise and organized cost accountant to join the finance team.

Tasks and Responsibilities:

• Gathering and analyzing cost data related to raw materials, labor, and operating expenses.
• Monitoring and controlling production costs, waste, and variances across all production lines.
• Preparing cost reports and analyzing profitability on a regular basis.
• Supporting the budgeting and forecasting processes related to production and inventory.
• Updating standard costs and analyzing actual variances.
• Collaborating with production and purchasing teams to ensure efficiency and accuracy of reports.
• Analyzing inventory valuation and suggesting improvements in control.
• Ensuring compliance with established accounting policies and procedures.
• Contributing to the closing of monthly and annual financial periods related to costs.

Required Qualifications:

• Bachelor's degree in accounting, finance or a related field.
• Proven experience as a cost accountant, preferably in an industrial environment or in the food and bakery sector.
• Strong knowledge of cost accounting principles and inventory management.
• Proficiency in Excel and accounting software.
• High analytical skills and problem-solving abilities.
• Attention to detail and the ability to work independently.