Cost Accountant Jobs in Riyadh at Al-AshouryIndustry

Title: Cost Accountant

Company: Al-AshouryIndustry

Location: Riyadh

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IT Support supervisor at Al-Ashoury Industry

Job description

Cost Accountant

For steel industry field / steel structure, poles & telecom towers.

We are searching for a well-organized self-starter with great attention to detail to Join our team as the new cost accountant.

We are searching for an innovative, deadline-driven cost accountant to join our Team.

Key Responsibilities/Accountabilities:

·        Cost Accountant provides cost reporting, and analysis for Corporate and/or Manufacturing functions.

·        Ensure accurate recording of expenses by analyzing spending to identify trends and ensuring management understand and take proper actions to have spending under control.

·        Work with Manufacturing team to ensure the accuracy of Bill of Materials.

·        Ensure that costs for the company’s products and services are allocated

·        Maintain cost flows, ABC structure, collection procedures and business rules to ensure consistent accounting records.

·        Proper variance analysis for expenditures.

·        Proper variance analysis and calculation on Inventory Standard Cost, Actual Cost and LCoM (PCE – Product Cost Estimate).

·        Provides support and validation for completion of annual budget.

·        Provides Financial Support to analyze alternatives for contracts and provides inputs to determine best economic options.

·        Coordinate forecasting process with management and validate data provided by them.

·        Review standard and actual costs for inaccuracies.

·        Ensure proper recording of accruals to assure spending is current.

·        Ensure Internal Control for expense recording.

·        Provide support for capital vs. expense determination.

·        Support business on benchmark, cost studies, etc.

·        Conduct physical inventories and monitor the cycle count work process.

·        Help businesses by overseeing and analyzing cost expenditures and purchases within the organization. Review services and goods, record data, and make recommendations about cost-efficient and financially feasible cost options.

·        Support AD (Anti-Dumping) work process by providing finance acumen/analysis and reports.

Education and Certification Requirements:

Bachelor’s in finance, Accounting or related Field.

At least 6 years of experience in Cost Accounting roles.

Previous experience of budgeting and forecasting for a large cost base, of standard month end accounting process for a multi-site business and managing multiple stakeholders at a senior level

Previous experience in a steel structure, Pols & cable try industries

Location: Riyadh

Language: fluent English (writing and speaking)

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