Job: Cost Accounting Section Head (Gulf Area) in Riyadh, Saudi Arabia

Determining the actual cost of products, controlling and following up the cost of production, recommending administrative decisions, and ascertaining the cost of service activities in an effective manner in the interest of the company and its policy.

Responsibilities:

• Monitor all costs and make the necessary decisions to rationalize them.
• Determine the cost of the product fully and under operation and its validity.
• Provide required periodic reports (list of costs – detailed income statement and comparison – analysis of cost elements – analysis of deviation and its causes of profit and loss).
• Directing cost restrictions to their cost centers.
• Analysis of the results of the actual activity with the standard and compared to the plan to reach the cause of deviation with the participation in rationalization with production.
• Cost control by comparing actual cost and standard cost to achieve efficient use of resources available at the company to reduce costs.
• Assisting in the decision to price the products and services of the company to ensure that the company cover and recover the production costs incurred in addition to the expected profit margin and target.
• Planning future cost through feasibility studies.