Cost Accountant

Description:

We are looking for solid organized cost accountant with minimum experience of 3 – 5 years in UAE with good communication skills, problem-solving and research abilities, including proficiency with Microsoft Excel and experience with enterprise resource planning (ERP) systems. A bachelor’s degree in accounting or finance is required.

RESPONSIBILITIES:

· Monitoring unit cost variance

· Implementing cost standards for materials and labor

· Preparing cost of goods sold and production reports

· Reconciling beginning raw materials, work-in-progress and finished-goods stock

· Collect cost information and maintain an expenses database

· Construct data accumulation systems

· Determine fixed costs (e.g. salaries, rent and insurance)

· Plan and record variable costs (e.g. purchases of raw material and operations costs)

· Review standard and actual costs for inaccuracies

· Prepare budgeting reports (for the company and for each department)

· Analyze and report profit margins

· Prepare (monthly, quarterly and annual) cost forecasts

· Assisting in month-end and year-end closing

· Identify and recommend cost-effective solutions

QUALIFICATIONS:

· Proven work experience as a cost accountant, cost analyst, or similar role.

· Thorough knowledge of accounting procedures

· Experience with accounting software

· Experience with MS excel in particular (familiarity with pivot tables)

· Excellent analytical skills with an attention to detail

· Strong time management skills

· Integrity, with an ability to handle confidential information

· BSc degree in Accounting, Finance or relevant study