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Join Our Team as a Senior Cost Accountant

Arab Paper Manufacturing Co (WARAQ) is seeking a skilled Senior Cost Accountant to manage, analyze, and report on production costs, helping drive company profitability.

Main Responsibilities:

• Monitor and analyze production costs, including direct and indirect materials, labor, and overheads.
• Maintain and validate Bill of Materials (BOM) and routing information in the ERP system.
• Perform periodic cost roll-ups and standard cost updates based on approved changes.
• Prepare detailed cost variance analysis reports, highlighting key fluctuations.
• Reconcile inventory valuation for raw materials, work-in-progress, and finished goods.
• Coordinate monthly and year-end closing activities related to cost of goods sold (COGS).
• Analyze cost structures and recommend improvements to reduce production expenses.
• Track scrap, rework, and non-conformance costs with appropriate justifications.
• Support annual budgeting and forecasting of manufacturing cost centers.
• Perform profitability and margin analysis by product, customer, and region.
• Assist internal and external auditors with cost-related inquiries and documentation.
• Evaluate the impact of price changes, exchange rates, and utility consumption on product costing.
• Prepare reports to support pricing, quotations, and tenders for both local and export markets.
• Collaborate with warehouse, production, and maintenance teams for accurate cost inputs.
• Ensure compliance with internal controls, costing policies, and audit recommendations.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or Industrial Management.
• Minimum of 5-8 years of experience in the same field.
• Advanced Microsoft Excel and costing tools proficiency.
• Strong knowledge of ERP systems (preferably Microsoft Dynamics AX).
• Analytical thinking, attention to detail, and expertise in manufacturing cost control.
• Proficiency in English.

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