General Summary of Position
The cost accountant position is accountable for the ongoing analysis of
process constraints, target costing projects, margin analysis, and tracing
costs back to underlying activities. The cost accountant must also construct
and monitor those cost-effective data accumulation systems needed to provide
an appropriate level of costing information to management. Also responsible
for Cost Accounting, which involves analyzing financial data, obtained through
evaluation, to determine the cost of business products and services.
Responsible for performing rate calculations, and for product and cost
estimates. Comparing actual cost to estimates and identifying reasons for
variances. Providing management with detailed reports for use in making
business decisions and controlling expenditures. Providing financial analysis
to evaluate special projects, programs, products costing, etc. when necessary.
Lead in developing and verifying data relevant to cost accounting and margin
analysis.
Primary Duties and Responsibilities:
* Development of good cost accounting systems in two ways
* Pricing structure
* Costing structure.
* Making proper profitability analysis of Job Order
* Report on breakeven points by products, work centers, and factories
* Report on profitability margins by product and division
* Report on periodic variances and their causes, focusing in particular on spending variances, prices and quantity variance
* Analyze capital budgeting - buy or rental decisions or new and proposed products.
SKILLS AND QUALIFICATIONS
* Minimum 2 years of work experience in similar position.
* ICMA/CMA bachelor degree similar position.
* Expertise in understanding complex cost structure / pricing structure
* Able to make expenses analysis and cost computations
* Knowledge in Tally system or accounting packages will be added advantages
* Oracle knowledge will be added advantages
Company : AL QIMMA HEAVY EQUIPMENT FACTORY. Experience : 5 to 8 years Location : SAUDI ARABIA Salary : NEGOTIABLE - NEGOTIABLE # **URGENTLY REQUIRED COST ACCOUNTANT FOR AL QIMMA HEAVY EQUIPMENT FACTORY JEDDAH SAUDI ARABIA** ### **COST ACCOUNTANT** ### **Key Responsibilities** **:-**…
#### **Cost Accountant** * Bachelor degree in Accounting. * 3 years of Cost Accounting work experience is a must. * Sound understanding of accounting principles. * Solid cost systems background. * SAP user is a must.
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* Monitoring and reviewing cost allocating * Investigate differences between the project's estimated budget compared to actual costs * Register all prepaid expenses and prepare a summary with all deferred finance costs . * Implement the budget for all projects and departments to the ERP . …
\- Teamwork The role highly depends on ability to continue \- harmony in team to achieve objectives \- communicate ideas effectively and professionally \- work both independently and as a member of a team
#### **و صف الوظيفة** * Assist in preparation of annual business plan for making the financial budgeting for next year * Assist in preparation of rolling estimation budget to prepare the final annual business plan. * Responsible to prepare and submit monthly, Quarterly, half yearly reports to…
Job Details Employment Type full_time Industry Information Technology Salary 600.00 - 700.00 Location Kuwait City, Kuwait Date Posted March 9, 2023 About the Job To support businesses by overseeing and analyzing cost expenditures and purchases within the organization. **Requirements:** * 4-5 year…
\- Teamwork (The role highly depends on ability to continue harmony in team to achieve objectives) \- Ability to communicate ideas effectively and professionally \- Ability to work both independently and as a member of a team
## **Introduction** Our client is a private multi-specialty hospital in Kuwait. Their 110 bed facility offers both inpatient and outpatient services that cover a wide range of medical and surgical specialties. Their 1,000 healthcare professionals work together to provide essential health care servi…