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Cost Accountant

2 hours ago

dubai, United Arab Emirates Peergrowth Consultancy Co. Full time

We are seeking a detail-oriented and experienced Cost Accountant to join our manufacturing finance team. The role focuses on analyzing production costs monitoring inventory and supporting management in decision-making related to cost efficiency pricing and profitability. The ideal candidate should have strong accounting knowledge with hands-on experience in cost accounting for manufacturing operations in the UAE.Key ResponsibilitiesPrepare and maintain detailed cost records for raw materials labor and overheads.Monitor and analyze production costs variances and profitability by product line or department.Assist in setting product pricing strategies based on cost and market data.Conduct standard costing and variance analysis (material labor and overhead).Inventory & Material ManagementMaintain accurate inventory accounting and valuation for raw materials WIP and finished goods.Ensure proper allocation of manufacturing costs to products and cost centers.Reconcile inventory and cost accounts on a monthly basis.Reporting & CompliancePrepare monthly quarterly and annual cost reports for management review.Support budgeting forecasting and financial planning activities.Ensure compliance with UAE accounting standards internal controls and statutory regulations.Coordinate with external auditors during audits and provide cost-related information as required.Process ImprovementRecommend cost control measures and process improvements for manufacturing operations.Collaborate with production procurement and finance teams to optimize costs and efficiency.RequirementsEducation & CertificationBachelors degree in Accounting Finance or related field.Professional certification (ACCA CPA CMA) is a plus.ExperienceMinimum 3 years of cost accounting experience in a manufacturing company in the UAE.Skills & CompetenciesStrong understanding of cost accounting principles standard costing and variance analysis.Proficiency in accounting software and MS Excel for data analysis.Analytical mindset with attention to detail.Strong communication and reporting skills.Ability to work independently and meet deadlines in a fast-paced environment.
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