Industry: Finance and Accounts
Job Description:
Cost and Management Accountant, required for a company in Riyadh, Saudi Arabia.
Key Responsibilities:
– Workout standard for different element of cost including material, labor and overheads.
– Monitor actual cost and update standard cost in the system to work out COGS and inventory values.
– Enters/ Monitor actual cost data.
– Ability to analyze variance between actual and standard cost and make required entries after necessary approvals.
– Valuation of inventories of raw materials , work in process and finished goods.
– Attend periodical inventory counts and summarize result.
– Review calculation of cost goods sold and valuation of inventories on monthly basis for and ensure these are correctly calculated.
– Review efficiencies / wastage ratio and provide required analysis. – Assist FM in preparing monthly/ annual financial package including balance sheet, P and L and notes to financials.
– Analyze financial statements along with necessary analyses of gross profit and fixed costs and prepare a comparison with budget and prior period to determine that all the financial figures make sense.
– Should be commerce graduate plus full or part qualified ACMA/CIMA/CMA/CA qualification.
– At least 3 to 5 years in manufacturing company. ERP: Preference will be give to those having worked in ERP system such as SAP, Oracle or other.
– Maximum age :37 years.
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