Cost Accountant
Job in
Jeddah, Saudi Arabia
Listed on 2026-08-03
Listing for:
Neproplast
Full Time
position Listed on 2026-08-03
Job specializations:
-
Accounting
Cost Accountant, Financial Reporting, Financial Analyst, Accounting Manager -
Finance & Banking
Financial Reporting, Financial Analyst, Accounting Manager
Job Description & How to Apply Below
- Maintain standard costing for products, including materials, labor, and overheads.
- Monitor production costs and perform material, labor, and overhead variance analysis.
- Review and maintain Bills of Materials (BOMs), production routes, and costing data.
- Analyze raw material consumption, scrap, wastage, and production efficiency.
- Monitor and ensure timely financial closure of production work orders and RAF transactions.
- Perform monthly inventory valuation, FIFO costing, and inventory closing in the ERP system.
- Coordinate physical inventory counts, investigate variances, and improve inventory accuracy.
- Prepare inventory reconciliations and inventory-related journal entries.
- Assist with month-end closing, WIP reconciliation, and general ledger reconciliations.
- Prepare product costing, profitability, and manufacturing cost analysis reports.
- Support product pricing decisions through accurate cost analysis.
- Ensure compliance with costing policies, internal controls, and IFRS requirements.
- Support internal and external audits by providing costing and inventory information.
- Perform other duties assigned by management within the scope of the role.
Qualifications:
2.1 Required
Education:
- Bachelor's degree in Cost Accounting
- Entry/Mid-Level: 1+ years in cost accounting, inventory control (Preferably in Manufacturing Co.)
Skills:
- Standard Costing & Variance Analysis
- BOM & Routing Management
- Inventory Valuation (FIFO)
- ERP Systems (Dynamics AX/D365)
- Advanced Microsoft Excel
- IFRS and Cost Accounting Principles
Skills:
- Problem solving skills, Innovative and productivity, Teamwork
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