Cost Accountant
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Key skills for this role
Key Skills for This Role
Full Job Posting
Direct Role
- 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, production routes, and costing data.
- Analyze raw material consumption, scrap, wastage, and production efficiency.
- 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, inventory-related journal entries, month-end closing support, and WIP 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.
Role Qualifications
- Bachelor's degree in cost accounting.
- At least one year of experience in cost accounting or inventory control; manufacturing-company experience is preferred.
- Knowledge of standard costing, variance analysis, BOM and routing management, FIFO inventory valuation, and cost accounting principles.
- Experience with ERP systems, specifically Dynamics AX or D365, and advanced Microsoft Excel skills.
- Knowledge of financial reporting, general ledger reconciliation, inventory control, and IFRS.
- English and Arabic language proficiency.
- Problem-solving, analytical, attention-to-detail, teamwork, innovation, and productivity skills.
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