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Job Location - Saudia Arabia

Roles and Responsibilities

Cost Monitoring and Analysis:

• Monitor and analyze site operational costs to ensure accuracy and efficiency.
• Identify cost-saving opportunities and recommend solutions to management.
• Analyze variances between actual and budgeted costs and provide explanations for discrepancies.

Budgeting and Forecasting:

• Assist in the preparation of annual budgets and forecasts for site operations.
• Collaborate with cross-functional teams to gather relevant data and assumptions for budgeting purposes.
• Monitor budget performance and provide regular updates to management.

Inventory Management:

• Oversee inventory accounting processes, including valuation, reconciliation, and reporting.
• Conduct periodic physical inventory counts and reconcile discrepancies.
• Analyze inventory levels and make recommendations for optimization.

Financial Reporting:

• Prepare monthly, quarterly, and annual financial reports for site operations.
• Provide financial analysis and insights to support decision-making.
• Ensure compliance with accounting standards and company policies.

Receivables Management:

• Collaborate with operations teams to resolve billing discrepancies and disputes.
• Monitor accounts receivable aging and follow up on overdue invoices.

Key Responsibilities:

• Analyze direct and indirect costs, and report on cost variances.
• Help plan production capacity to meet demand efficiently.
• Support budgeting and forecasting activities.
• Develop and manage cost structures, including Bill of Materials (BOM) and routing.
• Participate in project tendering by providing accurate cost estimates.
• Evaluate stock and ensure accurate inventory records.

Qualifications:

• 5+ years of cost accounting experience.
• Experience in a company with a turnover of at least SAR 200 million.
• Preferably knowledgeable in SAP and strong in Excel.
• Excellent English communication skills.