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Cost Account - Ban.Co at Qureos Inc
Riyadh, Riyadh Region, Saudi Arabia -
Full Time

Start Date

Immediate

Expiry Date

02 Feb, 26

Salary

0.0

Posted On

04 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Cost Analysis, Budgeting, Inventory Management, Variance Analysis, Financial Reporting, Cost Allocation, Internal Controls, Data Accuracy, Operational Efficiency, Journal Entries, Production Costs, Profitability Analysis, Cost Accounting Systems, Expense Control, Collaboration, Recommendations

Industry

technology;Information and Internet

Description
Description: To record, analyze, and allocate all costs related to production or services in order to determine the actual cost of products or projects, support decision-making, and improve operational efficiency by controlling and reducing expenses. Key Responsibilities: Prepare and analyze actual cost reports and compare them with standard or budgeted costs. Monitor material movements and inventory to determine the cost of materials used in production. Record operating expenses and allocate them accurately to the appropriate cost centers. Prepare monthly cost reports, analyze variances, and provide recommendations for corrective actions. Participate in preparing and monitoring the company’s annual budgets. Review and post cost-related journal entries to ensure accuracy and compliance with company policies. Coordinate with production, purchasing, and warehouse departments to verify cost data accuracy. Assist in developing cost accounting systems and improving internal control procedures. Prepare periodic reports for management on production costs, profitability, and cost trends.
Responsibilities
The role involves preparing and analyzing actual cost reports, monitoring material movements, and recording operating expenses. Additionally, the position requires participation in budget preparation and providing recommendations for corrective actions based on variance analysis.