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Senior Cost Accountant
MUAF
Riyadh, KSA
Full Time
Senior
Onsite
1 weeks ago
Cost AccountingSAP COProduct CostingStandard CostingVariance AnalysisInventory Valuation
Free
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Cost AccountingSAP COProduct Costing
About the Role
MUAF seeks a Senior Cost Accountant for its uniform manufacturing facility in Riyadh. The role owns end-to-end production costing, from raw material to finished garment, ensuring accurate cost data for commercial and operational decisions.
Key Skills for This Role
Cost AccountingSAP COProduct CostingStandard CostingVariance AnalysisInventory Valuation
Responsibilities
- Build and maintain standard costing structures per product based on Bills of Materials (BOM)
- Calculate unit cost including direct materials, direct labor, and manufacturing overhead allocation
- Perform cost variance analysis (actual vs. standard) and present findings with corrective recommendations
- Monitor fabric/material waste percentages and their cost impact
- Conduct periodic inventory valuation and reconcile with the ERP system
- Support competitive pricing for government and private contracts through precise cost analysis
- Prepare monthly production cost reports linked to financial statements
- Collaborate closely with Production, Procurement, and Warehouse teams to ensure data accuracy in SAP
Requirements
- Bachelor's degree in Accounting or Finance
- 5 8 years of industrial/manufacturing cost accounting experience
- Hands on experience with SAP CO/Controlling or Product Costing module
- Strong ability to translate BOM structures into actual cost analysis
- Advanced Excel skills (Pivot Tables, Power Query)
- Prior experience in textile, garment, or apparel manufacturing (preferred)
- CMA certification (strong plus)
Full Job Posting
About the Role
- We are seeking a Senior Cost Accountant to join our uniform manufacturing facility, owning end to end production costing, from raw material to finished garment — and ensuring the accuracy of cost data that drives commercial and operational decisions.
Key Responsibilities
- Build and maintain standard costing structures per product based on Bills of Materials (BOM)
- Calculate unit cost including direct materials, direct labor, and manufacturing overhead allocation
- Perform cost variance analysis (actual vs. standard) and present findings with corrective recommendations
- Monitor fabric/material waste percentages and their cost impact
- Conduct periodic inventory valuation and reconcile with the ERP system
- Support competitive pricing for government and private contracts through precise cost analysis
- Prepare monthly production cost reports linked to financial statements
- Collaborate closely with Production, Procurement, and Warehouse teams to ensure data accuracy in SAP
Requirements
- Bachelor's degree in Accounting or Finance (required)
- 5–8 years of industrial/manufacturing cost accounting experience, with clear exposure to a production environment
- Hands on experience with SAP (CO/Controlling or Product Costing module) — required
- Strong ability to translate BOM structures into actual cost analysis
- Strongly preferred: prior experience in textile, garment, or apparel manufacturing
- CMA certification is a strong plus
- Advanced Excel skills (Pivot Tables, Power Query)
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