The Role
Supports manufacturing accounting by maintaining product costs, bills of materials, production routings, inventory records, and scrap transactions. Reviews production job costs, analyzes material, labor, and time variances, closes production jobs, and assists with month-end close, reconciliations, reporting, and financial analysis. Participates in process improvement, cost reduction, internal control, and manufacturing efficiency initiatives.
Summary Generated by Built In
It's fun to work in a company where people truly BELIEVE in what they're doing!
We're committed to bringing passion and customer focus to the business.
- Review, maintain, and validate Bills of Materials (BOMs) and production routings for finished goods.
- Assign appropriate posting groups and establish accurate product costing for new items.
- Support product costing and quoting processes by ensuring manufacturing data is complete and accurate.
- Assist in maintaining the integrity of product cost information within the ERP system.
- Process scrap credits and post scrap shipments in a timely and accurate manner.
- Maintain documentation and records related to scrap transactions.
- Review completed production jobs to compare actual material usage against expected consumption.
- Analyze labor and production time variances and make appropriate adjustments when necessary.
- Close production jobs after ensuring costing accuracy.
- Assist in identifying and resolving production cost discrepancies.
- Assist with month-end closing activities related to inventory and manufacturing costs.
- Support inventory reporting and account reconciliations.
- Prepare reports and analyses as requested by the VP of Finance.
- Assist with special projects and ad hoc financial reporting.
- Participate in initiatives to improve costing accuracy and manufacturing processes.
- Support cost reduction and operational efficiency efforts across manufacturing and the supply chain.
- Recommend process improvements that strengthen internal controls and reporting accuracy.
- Bachelor's degree in Accounting, Finance, or a related field.
- 0–3 years of accounting experience, preferably in a manufacturing environment.
- Recent graduates with relevant internships or manufacturing accounting coursework are encouraged to apply.
- Basic understanding of standard costing, Bills of Materials (BOMs), production routings, inventory accounting, and manufacturing processes.
- Strong analytical and problem-solving skills with excellent attention to detail.
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Proficient in Microsoft Excel and Microsoft Word.
- Experience with ERP systems and manufacturing cost accounting software is preferred.
- Strong written and verbal communication skills.
Skills Required
- Bachelor's degree in Accounting, Finance, or a related field
- 0–3 years of accounting experience, preferably in a manufacturing environment
- Basic understanding of standard costing, Bills of Materials, production routings, inventory accounting, and manufacturing processes
- Strong analytical and problem-solving skills with excellent attention to detail
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment
- Proficiency in Microsoft Excel and Microsoft Word
- Experience with ERP systems and manufacturing cost accounting software
- Strong written and verbal communication skills
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The Company
What We Do
The Arab Petroleum Investments Corporation (APICORP), also known as The Arab Energy Fund (TAEF), is a multilateral development bank owned by OAPEC member states. It supports the Arab world's energy sector through project financing, direct equity investments, and trade finance solutions, with a strategic focus on advancing the energy transition and sustainability within the MENA region.
