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.
