About the Job
Accountable for the ongoing analysis of process constraints, target costing projects, margin analysis, and
tracing costs back to activities based accounting level.
• Monitor actual cost-effective data needed to provide an activity base level of costing information.
• Coordinate inventory, procurement counts and cycle counts.
• Investigate supply chain cycle counting variances and resolve issues
• Compare actual activity based cost with the bill of materials in line with purchase orders
• Review standard and actual costs for inaccuracies
• Generate Monthly projects actual depreciation report as per activity based accounting level
• Accumulate and apply overhead costs to projects counts as required.
• Work with the supply chain board to generate material actual received, consumed, returned and
balanced report as per activity based accounting level.
• Generate monthly projects manpower total actual cost as per activity based accounting level.
• Collect all the required information to generate the actual cost report monthly wise.
• Analyzing data collected and recording results
• Analyzing changes in product design, raw materials, manufacturing methods or services provided, to
determine effects on cost
• Recording projects indirect cost information for use in controlling expenditures
• Analyzing audits of Subcontractors actual cost in-line with subcontracts and/or POs
• Maintaining Management Information System for Cost Accounting in activity based level
3 to 5 years
. Minimum of 5 solid years of Cost Accounting in a Construction Industry.
• Bachelor’s Degree in Accounting
• Must have a strong Cost systems background and have excellent analytical skills; sound understanding of
• Computer Literate – Strong Excel skills and the ability to use Outlook and Word
• Experience working with engineering and manufacturing personnel on development and analysis of cost
• Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports
About this Company
Al MASHARIQ was established in 1978 mainly undertaking Medium voltage
Distribution works for Saudi Electricity, ever since become a trusted and active partner in the Kingdom’s EPC industry as a multi-discipline EPC contracting company operation across all regions of…
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