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Cost Accountant – Industrial Sector | Saudi Arabia

Rawaj - Human Capital Management
Riyadh, KSA
Full-time
Mid-Senior
Onsite
Discovered 1 weeks ago
Cost accountingProduction costingInventory valuationCost variance analysisCost reportingBudgeting and forecasting

Full Job Posting

Role overview

The Cost Accountant will analyze production costs, monitor expenses, and ensure accurate cost allocation to support financial control, operational efficiency, and profitability.

The employer is a company specializing in food and beverage manufacturing.

Location

  • The role is located in Riyadh, Saudi Arabia.

Key responsibilities

  • Analyze and monitor production costs, including raw materials, labor, and manufacturing overhead.
  • Prepare cost reports and analyze variances between actual and budgeted costs.
  • Monitor inventory valuation, stock movements, and cost allocation.
  • Support budgeting, forecasting, and cost-control activities.
  • Identify opportunities to reduce costs and improve operational efficiency.
  • Coordinate with production, procurement, and finance teams to ensure accurate cost data and reporting.
  • Ensure compliance with accounting standards and internal financial procedures.

Requirements

  • 3–5 years of cost-accounting experience, preferably in an industrial or manufacturing environment.
  • Bachelor's degree in Accounting, Finance, or a related field.
  • Strong knowledge of cost accounting, production costing, and inventory valuation.
  • Experience analyzing cost variances, preparing cost reports, and controlling manufacturing expenses.
  • Proficiency in Excel and accounting or ERP systems.
  • Strong analytical skills and attention to detail.

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