Cost Accountant - Costing & Budgeting

Reposted 9 Days Ago
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Al Jubail, SAU
In-Office
Mid level
Food • Agriculture • Manufacturing
The Role
The Cost Accountant will manage budgeting, analyze cost data, track project costs, ensure budget adherence, and identify cost-saving opportunities.
Summary Generated by Built In

ABIS is looking for a diligent and detail-oriented Cost Accountant specializing in Costing & Budgeting to join our finance department. The Cost Accountant will be responsible for managing budgeting processes, analyzing cost data, and providing accurate cost reports to support financial planning and decision-making. This role plays a key part in tracking project costs, ensuring budget adherence, and identifying cost-saving opportunities.

Key Responsibilities
  • Prepare and analyze cost reports, budgets, and forecasts.
  • Monitor and control project costs to ensure compliance with approved budgets.
  • Develop and maintain the cost accounting system, documents, and records of the organization.
  • Analyze and recommend costs and cost savings.
  •   Prepare and complete internal cost audits.
  • Comply with Generally Accepted Accounting Principles (GAAP) for financial statements.
  • Analyze the data collected and log a detailed record of the results.
  •   Analyze any changes in goods or services provided in order to determine what effect it has on the cost.
  •   Analyze costs and prepare regular reports comparing standard costs to actual costs.
  • Make estimates of new and proposed costs.
  •   Provide management with reports that specify and compare factors that affect prices and profitability of products or services.
  • Assist in audits and general ledger preparation.
  • Conduct physical inventories and monitor the cycle count program.

Requirements
  • Bachelor's degree in Accounting, Finance, or related field.
  • Minimum of 3-5 years experience in cost accounting, budgeting, or financial analysis.
  • Strong knowledge of cost accounting principles and budgeting techniques.
  • Proficiency in accounting software and Microsoft Excel.
  • Excellent analytical, organizational, and problem-solving skills.
  • Attention to detail and ability to meet deadlines.
  • Good communication and interpersonal skills to work effectively with cross-functional teams.
  • Experience with ERP systems is an advantage (e.g., Microsoft Dynamics 365).

Skills Required

  • Bachelor's degree in Accounting, Finance, or related field
  • Minimum of 3-5 years experience in cost accounting, budgeting, or financial analysis
  • Strong knowledge of cost accounting principles and budgeting techniques
  • Proficiency in accounting software and Microsoft Excel
  • Excellent analytical, organizational, and problem-solving skills
  • Attention to detail and ability to meet deadlines
  • Good communication and interpersonal skills
  • Experience with ERP systems is an advantage
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The Company
33 Employees
Year Founded: 1983

What We Do

ABIS is a division of the IB Group, a multi-diversified agri-business conglomerate that specializes in sustainable protein production, poultry farming, and catering solutions.

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