Cost Accountant

We are seeking a meticulous and analytical Cost Accountant The Cost Accountant is responsible for monitoring, analyzing, and controlling manufacturing and operational costs while ensuring accurate cost allocation and reporting. The role supports management in financial and operational decision-making by providing detailed cost analysis, variance reporting, and inventory control, preferably within the furniture manufacturing industry.

Key Responsibilities

• Prepare and analyze monthly, quarterly, and annual cost reports.
• Monitor raw material, labor, and manufacturing overhead costs.
• Calculate product costs and maintain accurate standard and actual costing records.
• Perform variance analysis and provide recommendations to improve cost efficiency.
• Participate in budgeting, forecasting, and cost reduction initiatives.
• Monitor inventory transactions and coordinate with warehouse and production teams.
• Support inventory counts, reconciliations, and stock valuation processes.
• Analyze product profitability and manufacturing performance.
• Collaborate with production, procurement, and supply chain departments to optimize operational efficiency.
• Develop and improve cost control procedures and internal controls.
• Ensure compliance with accounting standards and company financial policies.
• Assist with internal and external audits related to costing and inventory.
• Utilize ERP systems to manage costing data and generate financial reports.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• Minimum 10 years of experience in Cost Accounting.
• Industry experience is mandatory, preferably in manufacturing, specifically furniture manufacturing.
• Strong knowledge of manufacturing costing methods and cost control principles.
• Experience in inventory management, standard costing, and variance analysis.
• Proficiency in ERP systems and accounting software.
• Advanced Microsoft Excel skills.
• Strong analytical, reporting, and problem-solving skills.
• Excellent communication and cross-functional coordination abilities.
• Candidates must currently be based in Saudi Arabia.

Key Skills

• Cost Analysis & Cost Control
• Manufacturing Accounting
• Inventory Management
• Budgeting & Forecasting
• Variance Analysis
• ERP Systems
• Financial Reporting
• Analytical Thinking
• Attention to Detail
• Problem Solving

Preferred Qualifications

• Previous experience in furniture manufacturing or wood industries is highly preferred.
• Professional certifications such as CMA or CPA are an advantage.

Benefits