Cost accountant Jobs in Saudi Arabia

• 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 the 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 the 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 with attention to detail and manufacturing cost control experience.
• Proficiency in English.

• 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.

• Lead and manage all cost accounting activities related to manufacturing operations.
• Develop, implement, and monitor effective cost control measures to enhance operational efficiency and profitability.
• Monitor daily operational expenses and payment transactions to ensure compliance with approved budgets and financial policies.
• Perform detailed analysis of production variances (materials, labor, and overhead) and provide corrective recommendations.
• Oversee inventory costing, valuation, reconciliations, and cycle counts to ensure accuracy in financial reporting.
• Prepare and analyze monthly Cost of Goods Sold (COGS), margin analysis, and operational performance reports for senior management.
• Support annual budgeting and forecasting processes in coordination with production and operations teams.
• Review financial and operational processes and recommend improvements to strengthen internal controls and reporting efficiency.
• Ensure compliance with accounting standards, company policies, and audit requirements.
• Collaborate with factory management and cross-functional teams to support strategic decision-making.

• Bachelor’s degree in Accounting, Finance, or a related field.
• Professional certification such as CMA, CPA, or ACCA is preferred.
• Minimum 7 years of experience in cost accounting within a manufacturing or industrial environment.
• Strong expertise in Standard Costing, Inventory & Manufacturing Accounting, Variance Analysis, Budgeting & Forecasting, Cost Optimization Strategies.
• Advanced proficiency in ERP systems such as Odoo, Oracle, SAP, or Microsoft Dynamics.
• Advanced Excel skills including Power Query, Pivot Tables, and financial reporting tools.
• Strong analytical, organizational, and problem-solving skills.
• Excellent communication and presentation skills with the ability to present financial insights to operational management.

📌 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.

• 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).