Posted: 22 Jul 2024
Location: Dubai
We are looking for a Cost Accountant to join our accounting department. You’ll be responsible for performing cost analyses and preparing budget reports.
The ideal candidate should possess excellent analytical skills along with the ability to combine different data and calculate profit margins and manage cost information to maximize profitability.
Collect cost information and maintain an expenses database
Determine fixed costs (e.g. salaries, rent and insurance etc.)
Plan and record variable costs (e.g. purchases of raw material and operations costs)
Review standard and actual costs for inaccuracies
Prepare budgeting reports (for the company and for each department)
Analyze and report profit margins
Prepare (monthly, quarterly and annual) cost forecasts
Assisting in month-end and year-end closing
Identify and recommend cost-effective solutions
Requirements
2-3 years work experience as Cost Accountant, Cost Analyst, or on similar role
Thorough knowledge of accounting procedures
In-depth understanding of Generally Accepted Accounting Principles (GAAP)
Experience with accounting software, like SAP
Computer literacy, MS Excel in particular
Excellent analytical skills with an attention to detail
Strong time management skills
Integrity, with an ability to handle confidential information
Degree in Accounting, or Finance
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