Cost Accountant

؜ - ؜Dammam ؜ -

Job details

.
TechnipFMC is a global leader in the energy industry, specialized in subsea
and surface technologies integrated projects, products, and services. Our
mission and vision: to enhance the performance and drive real change in the
traditional and new energy industry. How we do it: by constantly challenging
conventions, tackling some of the most complex technical and engineering
challenges and investing in our ‎20,000+ employees worldwide.
If contributing to breakthrough projects in a truly global playground inspires
you, this might be the opportunity for you.


Job title : Cost Accountant


Job description:
Daily Tasks (Manufacturing Accounting):
* Check the financial master data of any extended/newly created parts then roll over the cost properly Review the standard cost and report all type of variances and burden (PPV, POV, Burden, etc.)
* Manage the timely processing of the transactions to ensure that the costs are accurate in the system Partner with operation supervisors/SMEs to provide advice on matters impacting PnL
* Check OPEX especially the controllable expenses and report any savings potentials (expendable items, production supplies ….) and check whether anything related to project or not
* Capital spending control (raise AFE when needed, create asset, settle, AFE ….)
* Ensure the accuracy of headcounts cost centers (addition, deletion, transfers …)
Closing Activities
* Prepare monthly OPEX related reports to timetable support flash updates related to REMS
* Support in Stocktaking (Annual and monthly cycle count)
* Allocation cycles control (update as needed, run …)
* Create/update the overhead rates
* Support in Annual Fixed Assets Count
* Supporting in preparing the budget and forecast submissions.
* Closing entries (Profit in internal inventory, amortization, cost allocation, E&O reconciliation, ARM …) CAPEX review and reporting
* Manage and conclude all statutory and fiduciary responsibilities to the deadline (SAGIA, STATS, IKTIVA…)
Project Controlling
* Review and analyze project actual costs (hours, consumptions ..) versus planned costs.
* Create and control Project/WBS for all REMS projects
Process enhancement
* Ensure smooth running of production processes from the financial accounting point of view
* Support the Finance lead with process implementation in identified areas of non-compliance in addition to any Ad-hoc tasks
Learn more about TechnipFMC and find other open positions by visiting our
Career Page.
Follow us on LinkedIn for company updates.


TechnipFMC promotes inclusion and diversity, guaranteeing equal opportunities
to everyone, regardless of age, race, ethnicity, religion, sexual orientation,
gender expression, disability or any other plurality.

Job Summary

  • Advertiser: TechnipFMC
  • Announcement date: 01/12/2022
  • Type of employment: -
  • Experience level: -
  • Educational level: -
  • Job location: Dammam
  • Salary: -
  • Phone number: -

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