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Sr.Cost Accountant

1.00 to 5.00 Years   Dammam, Saudi Arabia   12 Feb, 2025
Altarouti
100 to 499 Jobs Openings
Job LocationDammam, Saudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryAccounting
Functional AreaNot Mentioned

Job Description

The Senior Cost Accountant plays a crucial role in the financial health of an organization by analyzing costs and providing insights that drive profitability. This position requires a blend of analytical skills, attention to detail, and a strong understanding of accounting principles. The ideal candidate will work closely with various departments to ensure accurate cost tracking and reporting, enabling informed decision-making. The Senior Cost Accountant will also be responsible for developing and maintaining cost accounting systems, ensuring compliance with financial regulations, and contributing to the overall financial strategy of the company.Responsibilities:

  1. Analyze and report on manufacturing costs to identify trends and variances.
  2. Develop and maintain cost accounting systems and processes.
  3. Prepare monthly, quarterly, and annual cost reports for management review.
  4. Collaborate with production and procurement teams to ensure accurate cost data.
  5. Conduct regular audits of inventory and production costs.
  6. Assist in budgeting and forecasting processes to support financial planning.
  7. Evaluate cost-saving opportunities and recommend strategies for improvement.
  8. Ensure compliance with relevant accounting standards and regulations.
  9. Provide training and support to junior accounting staff on cost accounting practices.
  10. Participate in cross-functional teams to enhance overall financial performance.
Preferred Candidate:
  1. Strong analytical and problem-solving skills.
  2. Excellent communication and interpersonal abilities.
  3. Detail-oriented with a high level of accuracy.
  4. Ability to work independently and as part of a team.
  5. Proficient in accounting software and Microsoft Excel.
  6. Strong organizational and time management skills.
  7. Ability to adapt to changing priorities and work under pressure.
  8. Knowledge of financial regulations and compliance standards.
  9. Proactive approach to identifying and resolving issues.
  10. Commitment to continuous professional development.

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