Costing Manager

1 week ago

Riyadh, Saudi Arabia Al Munif pipes Full time

**Responsibilities**
- Collect cost information and maintain an expenditure database.
- Building enterprise data accumulation systems.
- Determine fixed costs (such as salaries, rent, and insurance).
- Plan and record variable costs (e.g. raw material purchases and process costs).
- Review the standard and actual costs of the institution.
- Preparing budget reports (for the institution and for each department separately).
- Analyze and report profit margins for the organization.
- Prepare monthly, quarterly and annual cost forecasts.
- Assist with month end and year end closings.
- Identify and recommend cost-effective solutions and direct the expenditures of the organization.
- Implementation of approved accounting procedures in the field of cost accounting to calculate all direct and indirect costs, identify causes and sources of deviations between actual and estimated expenses, propose plans to control and reduce additional costs, and prepare financial reports and analyzes.
- Preparing cost accounting records related to production such as costs of materials, labor and energy resources for the purpose of monitoring and recording all cost elements in factories through coordination with the factories department.
- Preparing studies related to calculating the costs of the production process in each factory, which helps in making decisions related to pricing and determining the expected cost of the various elements of production.
- Auditing the process of accounting for the actual costs of production orders and various elements of production by analyzing requests and documents for expenses, production orders and labor costs, in addition to studying all actual expenses and comparing them with expected costs to determine the causes of deviation.

**Qualifications**
- Bachelor's degree
- Three years of experience in the same field
- English Language

**Salary**: ﷼16,000.00 - ﷼20,000.00 per month

Ability to commute/relocate:

- Riyadh: Reliably commute or planning to relocate before starting work (required)

**Education**:

- Bachelor's (preferred)

**Experience**:

- Costing: 8 years (required)

**Language**:

- English (required)

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