Rawabi Vallianz Offshore Services Company
Khobar, Saudi Arabia
Posted 2 days ago
Expires in 2 months
Job Description
Job Purpose:
The purpose of the Senior Cost Accountant's job is primarily to monitor, construct and maintain cost accumulation data of production to furnish information on cost control and cost analysis in accordance with the rules and procedures of cost accounting and monitoring & budget control.
Job Responsibilities:
- Arranging cost data to calculate production cost for each product by cost element (Materials, Labor, manufacturing overhead) and classifying cost elements in accordance with Variable, fixed, direct and indirect cost.
- Valuation of WIP/GIP and Finished Goods Inventory and calculation of Cost of Goods Sold/Cost of Revenue.
- Prepare work order/batch or project costing reports and details.
- Review overhead cost and allocation rate periodically .
- Regular checking of raw materials, consumables spare parts,
WIP/GIP and finished inventory movements and reconcile inventories versus general ledger. - Preparing Profit & Loss statements for each project/product monthly to determine segment contribution as well as BEP (Breakeven point).
- Providing periodic reports of project/product margin, cost variances (Actual Cost Vs Standard), variation analysis and
write analytical conclusion on project/product costing, improvements and cost reduction approach /techniques. - Perform pricing studies for the new projects, and develop pricing templates to apply for repetitive jobs and orders.
- Assist Delocalized Finance Officer in preparation and presentation of financial budgets, forecast and results of operations.
- Facilitate build-up and analysis of capital budgeting request.
- Coordinate physical inventories and cycle counts .
- Leads, directs, evaluates and develops the Rawabi Holding
Accounting team to ensure that objectives are reached. - Is responsible for the development, performance appraisal and succession planning of all direct and indirect reports.
- Performs miscellaneous tasks as assigned by his/her direct manager.
Skills
- BA in Accounting or Finance; CPA / CFA is a strong plus.
- Minimum 5 years of experience in financial and management functions within a company of Rawabi Holding’s size or larger with at least 3 years of working experience in budget and cost control related to manufacturing, contracting &/or oilfield sectors.
- Strong knowledge of financial theory, concepts, and practices.
- Demonstrates a successful track record as Finance Officer, preferably within a multinational organization.
- Strong interpersonal, communication, public speaking, and presentation skills.
- Capable to work under pressure in a delocalized environment.
- Computer literacy, including knowledge of MS office applications and basic software applications, and familiarity with the internet and email communications.
- Experience in the GCC is a plus, preferably in Saudi Arabia.
- English and Arabic languages fluency required.
Education
Bachelor's Degree in Accounting
Job Details
Job Location
Khobar, Saudi Arabia
Company Industry
Maritime & Marine Engineering
Company Type
Employer (Private Sector)
Job Role
Other
Joining Date
2023-06-18
Employment Status
Full time
Number of Vacancies
1
Preferred Candidate
Career Level
Mid Career
Years of Experience
Min: 5 Max: 15
Degree
Bachelor's degree
Job Details
Job Location
Khobar, Saudi Arabia
Company Industry
Maritime & Marine Engineering
Company Type
Employer (Private Sector)
Job Role
Other
Joining Date
2023-06-18
Employment Status
Full time
Number of Vacancies
1
