Cost Accountant

Abu Dhabi
Posted by

JIC B#06 Office, Abu Dhabi

Posted 3 years ago.

End By 09 August 21

Exp Required

5 Years

Job Type

Full Time

Salary

3000 - 5000 AED

Key Skills Required : Experience in General Accounting and Cost Accounting in the production/manufacturing/industrial catering industry (i.e. UAE). Must have a strong Cost Accounting Systems background with sound understanding of accounting principles. Excellent analytical skills with a strong focus on accuracy and attention to detail. Computer Literate – Strong Excel skills (familiarity with VLOOKUPs and pivot tables). Ability to use Outlook and MS Office (Word & PP) with advanced financial modeling and analytical techniques. Proficiency in ERP software. Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports in MS power point. Excellent communication skills and high confidence in stating professional opinions Multi-Tasking – Must be able to work on several projects at once, which requires multi-tasking abilities

Description

  • Planning, Studying, and collecting data to determine the costs of business activity such as raw material purchases, inventory and other overheads.

 

  • Develop and maintain the cost accounting system, documents, and records of the organization.

 

  • Provide the management with periodic reports analyzing the actual manufacturing costs and comparing standard costs to actual production costs. Thereafter, recommend costs and cost savings

 

  • Provide the management with reports that specify and compare factors that affect prices and profitability of products or services

 

  • Recommending changes/improvements to the company’s processes and policies to reduce cost and maximize profit

 

  • Analyze costs of raw materials and other supplies and create cost-benefit analyses for changing vendors
  • Present cost estimates and budgets for new purchases and expenditures.

 

  • Set standard costs for all products and direct the implementation of cost accounting methods and activities

 

  • Oversee the cost control system and prepare cost accounting reports for presentation to the management
  • Performing physical inventory inspections and monitoring inventory through ERP system

 

  • Monitored the cost of labor, including expenses such as overtime and benefits, in order to maintain budget.

 

  • Maintain and review the general ledger and reconcile balance sheets.

Comply with Generally Accepted Accounting Principles (GAAP) for financial statements

Additional Questions :
Bachelor’s Degree (BS Accountancy, BS Accounting, BS Finance) MBA (in Accounting and Finance) is a plus

Job Type: Full Time
Salary: 3000 AED to 5000 AED
Experience: 5 Year