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Home Saudi Arabia Cost Control Accountant

Cost Control Accountant

Full time at a Laimoon Verified Company in Saudi Arabia
Posted on December 25, 2024

Job details

Cost Control AccountantJob DescriptionPrepare monthly cost of sales figures by analyzing material and 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 methods. Assist in the quarterly and year-end physical inventory process. Review and audit the costing system, including costs for purchased material inventory. Prepare reports for the 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, verifying the reasonableness of standard and weighted average cost. Actively involved in the implementation of the company's inventory cycle count program. Handle item pricing with receiving documents. Allocate the landed cost related to shipments. Assist in the closing of the financial statements. Review work orders for accuracy and participate in implementing the company's inventory cycle count, being an essential link between the operation and accounting.Personal SkillsBachelor's degree in Accounting. 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 Skills2-5 years' experience in the finance or accounting field. Knowledge in cost management concepts and terminologies. Experienced in budget development and implementation. Knowledge of IFRS. Good knowledge about International Financial Reporting Standards (IFRS).EducationB.Sc. in Accounting.Job Location: Riyadh, Saudi ArabiaJob Role: Accounting/Banking/FinanceYears of Experience: Min: 2 Max: 5

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