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Senior Cost Accountant

SFFECO International

Posted on November 19, 2019

5 - 10 years United Arab Emirates - United Arab Emirates

Bachelor of Commerce(Commerce). Any Nationality

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Job Description

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We are looking for a Senior Cost Accountant with excellent analytical skills and sound understanding of accounting principles to manage our Costing functions in our Accounts department.

The resource will be responsible to review standard and actual costs for inaccuracies and Identifying and recommending cost-effective solutions among various others as below mentioned:
• Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor.
• Analyzing data collected and recording results
• Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost
• Prepare budgeting reports
• Prepare actual vs plan (budget) analysis Prepare various financial analysis related to manufacturing costs, inventory, and expense information for various customers as needed for decision making support
• Prepare (monthly, quarterly and annual) cost forecasts and assisting in month-end and year-end closing
• Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
• Recording cost information for use in controlling expenditures
• Analyzing audits of costs and preparing reports• Making estimates of new and proposed product costs
• Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
• Maintaining Cost Accounting System
• Assisting in Month end close of the General Ledger
• Conducts physical inventories and monitors cycle count program
• Reconciles finished goods inventories
• Analyze and report profit margins and also Identifying and recommending cost-effective solutions

Accounts / Taxation / Audit / Company Secretary

Desired Candidate Profile

Skills & Experience Required:

• Bachelor degree in accounting or finance
• ExperienceRequirements:5 - 10 Years
• ICWA /CMA / CA Chartered Financial Analyst(Finance)
• Proven work experience as Cost Accountant, Cost Analyst, Accountant or similar role with manufacturing industry
• A prior experience of 5+ years in Manufacturing sector
• Proficient in English language, both oral and written
• Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports.
• Computer Literate Strong Excel skills and the ability to use Outlook and Word


senior cost accountant cost accountant ICWA CMA CA Chartered Financial Analyst CFA Cost Analyst Accountant Manufacturing sector product design raw materials Analyzing Cost Accounting System

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SFFECO International

Leading company in Industrial safety product and services

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