Cost accountant Jobs in Saudi Arabia

• Monitor daily stock balances across warehouses and retail branches.
• Ensure accurate recording of all stock movements (receiving, transfers, returns, damages).
• Maintain optimal stock levels to prevent shortages or overstock situations.
• Track slow-moving and fast-moving perfume items and provide actionable insights.
• Coordinate stock transfers between branches to ensure balanced availability.
• Conduct regular cycle counts and participate in annual stock counts.
• Monitor stock allocation for online orders and fulfillment centers.

• Bachelor’s degree in Accounting, Finance, Data Analytics, Business Administration, or a related field.
• Minimum of 5 years’ experience in retail inventory control or warehouse operations.
• Experience in perfumes, cosmetics, FMCG, or luxury retail is highly preferred.
• Strong understanding of warehouse operations and replenishment planning.
• Proficiency in Power BI for inventory analysis and dashboards.

• Preparing cost reports and performance analyses.
• Reviewing cost allocation processes.
• Maintaining financial controls and ensuring compliance.

• Monitor and analyze production costs, including direct and indirect materials, labor, and overheads.
• Maintain and validate Bill of Materials (BOM) and routing information in the ERP system.
• Perform periodic cost roll-ups and standard cost updates based on approved changes.
• Prepare detailed cost variance analysis reports, highlighting key fluctuations.
• Reconcile inventory valuation for raw materials, work-in-progress, and finished goods.
• Coordinate monthly and year-end closing activities related to cost of goods sold (COGS).
• Analyze cost structures and recommend improvements to reduce production expenses.
• Track scrap, rework, and non-conformance costs with appropriate justifications.
• Support annual budgeting and forecasting of manufacturing cost centers.
• Perform profitability and margin analysis by product, customer, and region.
• Assist internal and external auditors with cost-related inquiries and documentation.
• Evaluate the impact of price changes, exchange rates, and utility consumption on product costing.
• Prepare reports to support pricing, quotations, and tenders for both local and export markets.
• Collaborate with warehouse, production, and maintenance teams for accurate cost inputs.
• Ensure compliance with internal controls, costing policies, and audit recommendations.

• Bachelor’s degree in Accounting, Finance, or Industrial Management.
• Minimum of 5-8 years of experience in the same field.
• Advanced Microsoft Excel and costing tools proficiency.
• Strong knowledge of ERP systems (preferably Microsoft Dynamics AX).
• Analytical thinking, attention to detail, and expertise in manufacturing cost control.
• Proficiency in English.

• Conduct regular field visits to restaurant branches.
• Monitor actual inventory and reconcile with systems.
• Improve oversight of receiving and issuing operations.
• Enhance the quality and accuracy of operational data.
• Support the cost team in analysis and follow-up to minimize discrepancies and waste.

• Bachelor's degree in Accounting.
• Must be Saudi.

📌 Job Title:
Operational Accountant – Jumanji

📍 Location:
Jeddah

🎯 Job Overview:
We at Jumanji are looking for a professional and organized accountant who will be fully responsible for the financial and operational management of the store, and who has a thorough understanding of restaurant and café accounting, inventory, costs, and accounting systems.

The required person must be very precise, have a strong control sense, and know how to organize financial chaos and convert operations into clear numbers and reports that assist management in decision-making.

🧾 Job Responsibilities:
• Manage daily accounts of the store
• Enter and organize all financial transactions in the accounting system
• Monitor sales, purchases, and expenses
• Prepare periodic financial and operational reports
• Conduct periodic inventory and match stock
• Monitor costs and analyze waste and profitability
• Submit VAT and zakat files
• Prepare and submit payroll protection files
• Monitor salaries and entitlements
• Organize invoices, receipts, and financial files
• Prepare profit and loss statements and cash flow reports
• Coordinate with management and the legal accountant when needed
• Assist in building a professional financial and operational system within the company

✅ Requirements:
• Previous experience in accounting (in restaurants or cafés)
• Excellent experience using accounting systems
• Full knowledge of zakat, tax, and payroll
• Experience in inventory, costs, and stock
• Proficient in Excel and financial reports
• Organized, precise personality who is responsible
• Prior operational experience is preferred, not just bookkeeping

⭐ Benefits:
• A developed and ambitious work environment
• Opportunity for growth and career development
• Work within an expanding entertainment and commercial project
• Ability to build real systems and operations from scratch

📩 To apply:
Please send your CV mentioning previous experiences and the systems you have worked with.

Tasks and Responsibilities:
• Analyzing costs and distributing them to cost centers.
• Recording purchases and monitoring inventory movement.
• Ensuring accuracy of alignment between supplier records, inventory, and invoices.
• Recording banking facilities and financial obligations and monitoring payment ages.
• Monitoring the opening of documentary credits and securing them with banks.
• Receiving and reviewing original documents for import shipments (invoice, bill of lading, certificate of origin) and ensuring their accuracy before recording.
• Monitoring and recording data for the requests of the Zakat and Income Authority related to external purchases and ensuring their compliance with the customs declaration.
• Recording customs fees and shipping charges.

Required Qualifications:
• Bachelor’s degree in Accounting or Finance.
• Strong knowledge of ERP systems, preferably Microsoft Dynamics 365.
• Advanced skills in using Excel.
• Strong knowledge of the fundamentals of financial accounting and recording journal entries.
• Practical experience of 4 to 5 years in cost accounting or related financial fields.

• Monitor daily stock balances across warehouses and retail branches.
• Ensure accurate recording of all stock movements (receiving, transfers, returns, damages).
• Maintain optimal stock levels to prevent shortages or overstock situations.
• Track slow-moving and fast-moving perfume items and provide actionable insights.
• Coordinate stock transfers between branches to ensure balanced availability.
• Conduct regular cycle counts and participate in annual stock counts.
• Monitor stock allocation for online orders and fulfillment centers.

• Bachelor’s degree in Accounting, Finance, Data Analytics, Business Administration, or a related field.
• Minimum of 5 years’ experience in retail inventory control or warehouse operations.
• Experience in perfumes, cosmetics, FMCG, or luxury retail is highly preferred.
• Strong understanding of warehouse operations and replenishment planning.
• Proficiency in Power BI for inventory analysis and dashboards.

• Preparation and analysis of product costs (raw materials, labor, indirect manufacturing costs).
• Monitoring daily production costs and comparing them to the specified standards.
• Calculating and updating inventory costs (raw materials - work in progress - finished products).
• Following up on inventory movement and ensuring the accuracy of accounting records.
• Preparing periodic reports for management on costs and profitability.
• Implementing costing systems (such as: Standard Costing / Actual Costing).