Cost accountant Jobs in Saudi Arabia

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 Riyadh Cement Company as a Cost Accountant!
We are looking for a skilled Cost Accountant to analyze operational, administration, commercial, and finance costs to optimize our performance and support effective business decisions.

Key Responsibilities:

• Develop and maintain cost accounting systems, processes, and procedures.
• Monitor and analyze costs and expenses, identifying trends and areas for improvement.
• Prepare cost reports, variance analysis, and COGS reports.
• Assist in developing standard costs for products and services.
• Collaborate with cross-functional teams to improve operational performance and cost efficiency.
• Conduct cost analysis, including product costing and cost allocation.
• Participate in budgeting and forecasting processes.
• Support inventory management and valuation.
• Identify cost-saving opportunities and recommend strategies.
• Ensure compliance with accounting principles and cost standards.
• Provide guidance to finance and operational teams regarding cost matters.

Qualifications:

• Bachelor's degree in Accounting/Finance.
• Minimum 5 years of experience as a junior auditor with on-the-job training.

About Riyadh Cement Company:
Founded in 1997, Riyadh Cement Company is a leader in white cement production in Saudi Arabia. We continuously strive to meet the growing demand for high-quality cement while ensuring operational excellence.

Join MOOD LAB as a Cost Accountant!
We are seeking a dedicated and detail-oriented Cost Accountant to examine costs of production and ensure efficient methods of production. As part of our finance team, you will play a crucial role in maintaining accurate financial records and supporting our business objectives.

Responsibilities:

• Examine costs of production to determine the most efficient methods of production.
• Ensure accurate classification of expenses under Generally Accepted Accounting Principles (GAAP).
• Research material costs to ensure the accuracy of the information in the company’s accounting system.
• Analyse manufacturing costs and prepare periodic reports comparing standard prices to actual production costs.
• Participate in physical inventory counts to ensure the accuracy of inventory records.
• Monitor the accumulation of all direct labour, overhead and other manufacturing-related expenses.

Required Skills and Qualifications:

• A bachelor’s degree in finance or commerce with a specialization in accountancy.
• 3+ years of experience in the accountancy field or an equivalent role.
• Proficiency in accounting software.
• Exceptional ability to think critically and make decisions based on data analysis.
• Excellent communication and presentation skills in discussing financial reports with company stakeholders.

Join our team at SJ bakery
We are a company in the baked goods sector, 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:

• Collecting 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 periodically.
• Supporting budget preparation and forecasts 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 its 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 or baked goods environment.
• Strong knowledge of cost accounting principles and inventory management.
• Proficiency in Excel and accounting software.
• High analytical skills and problem-solving ability.
• Accuracy in work and the ability to work independently.

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 an accurate and organized cost accountant to join the finance team.

Tasks and Responsibilities:

• Collecting 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 periodic cost reports and profitability analysis.
• Supporting budget preparation and forecasts 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 assessment and suggesting improvements in its control.
• Ensuring compliance with approved accounting policies and procedures.
• Contributing to the closure of monthly and annual financial periods related to costs.

Required Qualifications:

• Bachelor's degree in accounting, finance or 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 ability.
• Accuracy in work and the ability to work independently.

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.

We are looking for a skilled cost accountant to join our team at Shomoukh Al-Tamayoz Trading Company.

This position carries important responsibilities related to cost analysis and supporting financial decision-making. An overview of your tasks:

• Analyzing actual costs and comparing them with budgets and standards.
• Reviewing operational expenses and identifying reasons for variances.
• Preparing monthly cost reports and recommendations for management.
• Supporting the preparation of estimated budgets and financial analysis.
• Monitoring production costs and supply chains and improving financial efficiency.
• Collaborating with other teams to ensure the accuracy of accounting data.
• Complying with local and international accounting policies and standards.

Required Qualifications:

• Bachelor's degree in Accounting or Finance.
• At least two years of experience in cost accounting (preferably in the restaurant or production sector).
• Proficiency in using ERP software and accounting systems.
• Strong analytical skills, reporting preparation, and proficiency in Excel.
• Attention to detail, and discipline in meeting deadlines.
• Ability to work under pressure and as part of a multi-tasking team.

To apply: Please send your CV.