Senior Cost and Budget Accountant

Main Responsibility

• Develop and maintain the budget and cost accounting records, documents, and records of the organization in conformance with legal requirements & accepted accounting principles and standards;
• Analyze and interpret financial data to identify trends and variances in the budget;
• Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs;
• Monitoring unit cost variance and implementing cost standards for materials and labour;
• Analyze budget - costs and prepare regular reports comparing standard costs to actual production costs;
• Provide management with reports that specify and compare factors that affect the prices and profitability of products or services;
• Review standard and actual costs for inaccuracies and perform life cycle cost-benefit analysis;
• Collect cost information and maintain an expenses database to recommend costs and savings;
• Prepare and complete internal cost audits and construct data accumulation systems;
• Determine fixed costs (e.g., salaries, rent and insurance) and record variable costs (e.g., purchases of raw material and operations costs);
• Reconciling beginning raw materials, work-in-progress and finished-goods stock;
• Conduct physical inventories and monitor the cycle count program;
• Prepare and analyze report profit margins and budgeting reports;
• Prepares monthly, quarterly, and annual budget and cost statements;
• Determines cost and selling prices of merchandise commodities;
• Identify and recommend cost-effective solutions;

Skills & Abilities

• • Thorough knowledge of accounting procedures;
  • In-depth understanding of IFRS;
  • Experience with accounting software, and Computer literacy in MS Excel;
  • Excellent analytical skills with an attention to detail;
  • Strong time management and organizational skills;
  • Integrity, with an ability to handle confidential information;

 Academic Qualification

• • BA Degree in Accounting, Finance or a related field, preferably in the manufacturing sector

Experience: 5+ years of experience in the manufacturing/Import-Export sector.

Salary: Attractive and negotiable

Submission:  Interested applicants fulfilling the above requirements can submit their CV and copy of their credentials through our email address job@sariaconsult.com  

Note: - Don’t Forget to write the position you are applying for in the subject line!