Cost Accountant

• Cost Analysis & Tracking

• Variance Analysis

• Budgeting & Forecasting

• Pricing & Profit Margin Determination

• Inventory Valuation & Control

• Cost Reporting

• Process Improvement & Cost Reduction

• Performing account reconciliations.

• Preparing audit reports and presenting their findings to management.

• Recommending changes to the company’s processes and policies to reduce cost and maximize profit.

• Advising executives and upper management on appropriate costing based on financial data.

• Managing the company’s balance sheet and accounting books.

• Supporting other company accountants with invoicing and capital expenditure.

• Duration: Typically, 5 to 10 years of experience in cost accounting, financial analysis, or general accounting within an industrial or manufacturing environment.

• Core Exposure: Experience dealing directly with production costing, standard/actual cost development, Bill of Materials (BOM) structures, inventory valuation, and physical stock/cycle counts.

3. Technical & Software Skills

• ERP & Accounting Systems: Hands-on proficiency in enterprise resource planning (ERP) systems-Oddo users are preferred.
• Spreadsheets: Advanced proficiency in Microsoft Excel (ability to handle large databases, pivot tables, financial modeling, and data manipulation).
• Regulatory/Compliance Knowledge: Familiarity with accounting standards (such as GAAP or IFRS) and local tax/compliance requirements (e.g., ZATCA and VAT regulations if working in Saudi Arabia).

4. Professional Certifications (Preferred / A Plus)

• CMA (Certified Management Accountant)
• CPA (Certified Public Accountant)
• ACCA or CA (Chartered Accountant)
• CPCA (Certified Professional Cost Accountant)