Overview
COST ACCOUNTANT Jobs in Dammam, Eastern, Saudi Arabia at Napco National
Title: COST ACCOUNTANT
Company: Napco National
Location: Dammam, Eastern, Saudi Arabia
Job Description
ACQUIRED COMPETENCIES BASED ON JOB ROLE:
- Ability to understand the NFP business environment, objectives, and apply internal policies and procedures effectively
- Strong communication skills with the ability to deliver information clearly, concisely, and effectively both verbally and in writing
- Ability to monitor, collect, and analyze data from multiple sources and prepare accurate reports to support decision-making across NFP
- Proficiency in using both national and foreign languages, spoken and written
- Strong organizational and planning skills to manage work and project activities efficiently and achieve short- and long-term objectives
- Ability to effectively use standard equipment, office automation systems, software, and related accounting systems and ERP
- Skilled in gathering and analyzing data, responding to complex situations, and developing innovative solutions that add value to NFP
- Reporting and analyzing operational metrics and KPIs (Key Performance Indicators)
- Analyzes changes in product design, raw materials, manufacturing methods, or services provided to determine effects on costs
- Analyzes actual production costs and prepares periodic reports comparing standard costs to actual costs
- Records cost information for use in controlling expenditures
- Prepares estimates of new and proposed product or service costs
- Recommends cost efficiencies in new product layouts
- Apportions costs between units of production and management
- Consolidates cost of manufacturing for payroll and distribution of inventory accounts
- Determines per-unit cost through cost accounting methods
- Prepares costing sheets (landed cost) for Foreign Purchase Orders
- Manages insurance files (PAR) and related monthly declarations
- Reviews costs and takes corrective actions to ensure profitability
- Analyzes overall plant efficiency, effectiveness, and utilization
- Performs monthly closing activities related to cost accounting, including cost statements and analysis
- Monitors inventory transactions and reconciles accounts with the general ledger
- Prepares monthly journal entries as required
- Leads and manages inventory review processes
- Develops monthly financial and operational reports for executive leadership
- Provides management with insights on pricing and profitability factors
- Analyzes financial results to support strategic decision-making
- Performs provision and analysis for quarantine items (inventory and capex)
- Initiates, plans, executes, monitors, and closes projects effectively
- Develops and implements project metrics and measurement systems