Walk in

**Cost Accountant in FMCG & Manufacturing Sector**

We are calling for walk in interview for the position on the following date. Please take opportunity to join a reputed group of company's Accounts department.

**Date & Time: 04/05/2024, SATURDAY 10 am to 1 pm**

**Venue: Bin Shabib Mall, 1st Floor, HR Department, Al Qusais Industrial Area 1, Dubai.**

**Position Overview**:As a Cost Accountant in the Fast-Moving Consumer Goods (FMCG) & manufacturing sector, your primary responsibility is to analyze and control the costs associated with manufacturing, distribution, and selling of products. You will work closely with various departments to gather cost data, perform cost analysis, and provide insights to management for decision-making purposes.

Key Responsibilities:

- Cost Analysis:

- Analyze production costs, including raw materials, labor, and overhead expenses.
- Evaluate cost drivers and identify areas for cost reduction or optimization.
- Monitor and analyze variances between actual and budgeted costs.
- Prepare cost reports and provide regular updates to management.
- Prepare financial feasibility report
- Product Costing:

- Calculate the cost of goods manufactured (COGM) and cost of goods sold (COGS).
- Determine the standard costs for products and review them periodically.
- Conduct cost studies for new product development or process improvements.
- Accounts Document Verification:

- Purchase Invoice verification & posting for both local & Imports
- Inventory Management:

- Collaborate with the inventory management team to ensure accurate valuation of inventory.
- Perform inventory reconciliations and investigate discrepancies.
- Assess inventory turnover and recommend strategies to minimize holding costs.
- Budgeting and Forecasting:

- Assist in the preparation of annual budgets and forecasts related to production costs.
- Provide input on cost assumptions and projections.
- Track performance against budgeted targets and analyze deviations.
- Cost Control:

- Implement cost control measures to improve efficiency and reduce wastage.
- Identify cost-saving opportunities through process improvements or sourcing strategies.
- Conduct cost-benefit analysis for proposed initiatives or investments.
- Compliance and Reporting:

- Ensure compliance with accounting standards and regulatory requirements.
- Prepare cost-related information for internal and external audits.
- Generate financial reports related to cost accounting for management review.
- Cross-functional Collaboration:

- Collaborate with cross-functional teams including production, procurement, finance, and sales.
- Provide cost-related support to decision-making processes across the organization.
- Communicate effectively with stakeholders to convey cost-related insights and recommendations.

**Qualifications and Skills**:

- Bachelor's degree in Accounting, Finance, or related field. CPA or CMA certification preferred.
- At least 2 years UAE experience in similar role.
- Proven experience in cost accounting within the FMCG or manufacturing industry.
- Proficiency in cost accounting principles, techniques, and methodologies.
- Strong analytical skills with the ability to interpret complex data and trends.
- Advanced proficiency in Microsoft Excel and other relevant accounting software.
- Excellent communication and interpersonal skills.
- Detail-oriented with a focus on accuracy and precision.
- Ability to work effectively in a fast-paced environment and manage multiple priorities.
- Knowledge of ERP systems (e.g., SAP, Oracle) is a plus.

**Experience**:

- Cost Accountant: 3 years (preferred)