Cost Accountant

Cost Accountant

Job Description

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 Location Riyadh, Saudi Arabia Job Role Accounting/Banking/Finance Years of Experience Min: 2 Max: 5