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Cost Accountant
2 weeks ago
Prepare monthly cost of sales figures by analyzing material, direct expenses.
- Assist the costing section head in preparing monthly journal entries for cost of sales.
- Maintain weighted average cost inventory system and follow established valuation method.
- Assist in the quarterly and year-end physical inventory process.
- Review and audit the costing system including costs for purchased material inventory.
- Prepare report for costing section head and recommend changes.
- Review costing of all Inventory items.
- Maintain accurate accounting records using PC & GP systems
- Analyze inventory to ensure transactions are recorded accurately.
- Analyze and review inventory costing, verify reasonableness of standard and weighted average cost.
- Actively involved in implementation of company's inventory cycle count program.
- Item pricing with receiving documents.
- Allocate the landed cost which relates to shipment.
- Assist in the closing of the financial statements.
- Review of work orders for accuracy and participate in implementing the company's inventory cycle count being an essential link between the operation and accounting
**Personal Skills**:
- Bachelors of Commerce, a Post Graduate Certificate in Finance or Accounting are an asset.
- Good communication skills
- Excellent analytical skills
- Good report writing skills
- People Management Skills
- Good knowledge of Microsoft Word and Excel
- Good command of English
**Technical Skills**:
- 2-5 years’ experience in the Finance or Accounting field.
- Knowledge in cost management concepts & Terminologies.
- Experienced in budget development and implementation
- Knowledge of IFRS
- Good Knowledge about International financial reporting Standards(IFRS)
- Education B.Sc. in Accouting
**Education**:
B.Sc. in Accounting
**Job Details**:
Job Location
Riyadh, Saudi Arabia
Company Industry
System Integrator
Company Type
Employer (Private Sector)
Job Role
Accounting/Banking/Finance
Employment Status
Full time
Employment Type
Employee
Job Division
Finance
Career Level
Entry Level
Years of Experience
Min: 2 Max: 5
Degree
Bachelor's degree
