Cost Accountant

Job ResponsibilitiesDirect Role:Maintain standard costing for products, including materials, labor, and overheads.Monitor production costs and perform material, labor, and overhead variance analysis.Review and maintain Bills of Materials (BOMs), production routes, and costing data.Analyze raw material consumption, scrap, wastage, and production efficiency.Monitor and ensure timely financial closure of production work orders and RAF transactions.Perform monthly inventory valuation, FIFO costing, and inventory closing in the ERP system.Coordinate physical inventory counts, investigate variances, and improve inventory accuracy.Prepare inventory reconciliations and inventory-related journal entries.Assist with month-end closing, WIP reconciliation, and general ledger reconciliations.Prepare product costing, profitability, and manufacturing cost analysis reports.Support product pricing decisions through accurate cost analysis.Ensure compliance with costing policies, internal controls, and IFRS requirements.Support internal and external audits by providing costing and inventory information.Perform other duties assigned by management within the scope of the role.Role Qualifications:2.1 Required Education:Bachelor's degree in Cost AccountingRequired Experience:Entry/Mid-Level: 1+ years in cost accounting, inventory control (Preferably in Manufacturing Co.)Technical Skills:Standard Costing & Variance AnalysisBOM & Routing ManagementInventory Valuation (FIFO)ERP Systems (Dynamics AX/D365)Advanced Microsoft ExcelFinancial Reporting & General LedgerIFRS and Cost Accounting PrinciplesSpecial Skills: Problem solving skills, Innovative and productivity, TeamworkLanguages Required:English, ArabicCompetencies Cost Accounting & AnalysisInventory & Manufacturing Cost ControlAnalytical & Problem-Solving SkillsFinancial Reporting & ReconciliationAttention to Detail