More jobs:
Accountant, Costing
Job in
Riyadh, Riyadh Region, Saudi Arabia
Listed on 2026-07-11
Listing for:
Alfanar
Full Time
position Listed on 2026-07-11
Job specializations:
-
Accounting
Cost Accountant, Financial Reporting
Job Description & How to Apply Below
To perform manufacturing cost accounting, inventory accounting, and cost analysis while ensuring accurate financial reporting and effective manufacturing cost control.
Key Accountability AreasManufacturing Cost Accounting:
- Record, review, and validate manufacturing cost transactions related to materials, labor, overheads, scrap, rework, and production orders.
- Support product costing activities, including standard cost maintenance, BOM costing, routing cost validation, and cost roll-up support.
- Monitor cost allocation to production orders, cost centers, and manufacturing activities.
- Support monthly cost closing activities and ensure accurate cost reflection in financial records.
Inventory & Material Cost Control:
- Support inventory valuation, material consumption analysis, and stock movement validation.
- Review material usage against BOM and highlight abnormal consumption, wastage, or variance.
- Support inventory reconciliations between system records, production reports, and physical stock.
- Assist in cycle counts, stock takes, inventory adjustments, and related variance investigation.
Production Variance Analysis:
- Analyze material, labor, overhead, scrap, rework, and under utilization variances.
- Prepare variance reports by product, production line, cost center, and manufacturing area.
- Coordinate with production, planning, warehouse, and engineering teams to understand variance drivers.
- Highlight unusual cost movements and elevate risks to finance and factory management.
Manufacturing Performance Reporting:
- Prepare regular reports on production cost, conversion cost, material cost, labor efficiency, overhead absorption, scrap, rework, and factory utilization.
- Support preparation of cost bridges, cost trend analysis, and manufacturing KPI dashboards.
- Provide accurate financial inputs for factory performance reviews and management reporting.
- Track actual manufacturing cost against budget, standard cost, and forecast.
Month-End Closing Support:
- Support month-end and year-end closing activities related to manufacturing cost accounting.
- Validate production order settlement, cost center postings, inventory movements, and accruals.
- Prepare supporting schedules for manufacturing cost, inventory, and variance accounts.
- Ensure closing tasks are completed accurately within tight reporting timelines.
Controls, Compliance & Audit Support:
- Follow approved costing policies, internal controls, SOPs, and approval workflows.
- Support internal and external audit requirements related to inventory, costing, and manufacturing expenses.
- Maintain proper documentation for cost calculations, reconciliations, and variance explanations.
- Identify control gaps in manufacturing cost recording and elevate for corrective action.
- Ability to obtain updated soft and technical skills related to the job.
Delivery:
- Perform the planned activities to meet the operational and development targets as per delivery schedules.
- Utilize resources effectively to achieve objectives within efficient cost and time.
- Provide a periodic report formatted by detailing the deviation and execution of planned tasks.
Problem-Solving:
- Solve any related problems arise and elevate any complex operational issues.
Quality:
- Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.
Business Process Improvements:
- Coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.
Compliance:
- Comply to related policy and procedures and work instructions.
Health, Safety, and Environment:
- Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.
Bachelor Degree in Accounting and Finance or Any relevant field
#J-18808-LjbffrTo View & Apply for jobs on this site that accept applications from your location or country, tap the button below to make a Search.
(If this job is in fact in your jurisdiction, then you may be using a Proxy or VPN to access this site, and to progress further, you should change your connectivity to another mobile device or PC).
(If this job is in fact in your jurisdiction, then you may be using a Proxy or VPN to access this site, and to progress further, you should change your connectivity to another mobile device or PC).
Search for further Jobs Here:
×