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Cost Accountant
Big Blue Diamond
Riyadh, KSA
Fulltime, Contract
Onsite
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Cost accountingInventory costingCost calculationsBudgetingForecastingVariance analysis
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Cost accountingInventory costingCost calculations
Role Overview
The Cost Accountant will analyze and control costs, monitor inventory and production expenses, prepare cost reports, and support budgeting and financial analysis.
Key Skills for This Role
Cost accountingInventory costingCost calculationsBudgetingForecastingVariance analysis
Full Job Posting
Role Overview
The Cost Accountant will analyze and control costs, monitor inventory and production expenses, prepare cost reports, and support budgeting and financial analysis.
Responsibilities
- Prepare product and production cost calculations and analyze material, labor, and manufacturing overhead costs.
- Monitor actual costs against budgets and standard costs and prepare monthly cost reports and variance analysis.
- Investigate cost variances and explain findings to management.
- Monitor and reconcile raw materials, work-in-progress, and finished goods inventory.
- Review material consumption and production costs and assist with physical inventory counts and discrepancy investigations.
- Assist with monthly and year-end closing, budgeting, forecasting, cost control, and cost reduction activities.
- Prepare cost, profitability, financial, and management reports.
- Coordinate with Finance, Production, Procurement, and Warehouse departments.
- Maintain cost accounting records and documentation and support internal and external audits.
- Ensure compliance with company accounting policies and procedures.
Qualifications and Requirements
- A bachelor’s degree in accounting, finance, or a related field is required.
- Previous experience in cost accounting, management accounting, or a similar role is required.
- Strong understanding of cost accounting, inventory costing, budgeting, forecasting, and variance analysis is required.
- Knowledge of Microsoft Excel and accounting or ERP systems is required.
- Strong analytical, numerical, communication, and interpersonal skills are required.
- The role requires independent work, deadline management, accuracy, and performance under pressure.
- Manufacturing or industrial environment experience is preferred.
Language Requirements
- Fluent Arabic and English are mandatory.
- The successful candidate must be able to communicate professionally and prepare or read financial documents in both languages.
Work Location
- Work is performed in person.
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