Cost Accountant Metal Industry Saudi Arabia

3 weeks ago

Riyadh, Saudi Arabia Rawaj - Human Capital Management Full time

We are looking for a passionate, self-driven, and experienced **Cost **Accountant **to join one of the leading metal and manufacturing companies in the Kingdom of Saudi Arabia.

**Get to know our client**:
One of the fastest-growing industrial engineering companies in the Kingdom of Saudi Arabia specializes in metal and industrial processes.

**Key Accountabilities**:

- Conduct cost analysis and provide financial insights on cost trends, variance analysis, and cost savings opportunities.
- Develop and maintain cost accounting systems and procedures to ensure accurate allocation of costs and the reporting of financial information.
- Analyze manufacturing costs, inventory valuation, and production costs to identify areas for improvement and optimize operational efficiencies.
- Collaborate with cross-functional teams, including Operations, Procurement, and Finance, to drive cost reduction initiatives and support cost control processes.
- Prepare and maintain standard costs for materials, labor, and overheads, ensuring accuracy and consistency.
- Monitor and report on actual costs against budgeted costs, providing explanations for any significant variances.
- Perform regular audits to ensure compliance with accounting policies and procedures and contribute to the development of internal controls.

**Knowledge, Skills, and Experience**:

- Bachelor's degree in Accounting, Finance, or a related field
- From 3-5 years of experience in cost accounting,
- Experience in the metal industry or industrial processes is a must.
- Advanced knowledge of cost accounting principles, practices, and standards.
- Proficiency in utilizing cost accounting systems and software, with experience in ERP systems
- Strong analytical skills with the ability to interpret financial data and identify trends and patterns
- Excellent attention to detail and accuracy, with strong organizational and time management skills.
- Exceptional communication and interpersonal skills, with the ability to collaborate and communicate effectively across different levels of the organization.

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