Cost Accountant

Job description / Role

Job Purpose
This position exists to perform product costing, standard cost updates, analysis on cost variance and preparation of costing reports efficiently, in timely manner and quality standards as per the defined policies and procedures to achieve departmental operational plans.

Functional Responsibilities
- Control Product Cost - through analysis of the cost elements (Material - Manpower - depreciation and other manufacturing expenses-From factory level down to product level, with alternative plans to ensure reaching the best product cost.
- Tender Cost support - via coordinating with tender department to ensure considering all cost items in the prices.
- Build capacity module to measure the capacity based on the produced items and suggest the proper mix forecast.
- Measuring the capacity utilization and build the capacity forecast for the future period.
- Support Product sales pricing.
- Profitability reporting (Factory level - -Customer - product - Sales order - Channel - Material Group)
- Cash management (reporting (Factory level - -Customer - Channel)
- Provide budgeting and forecasting support for manufacturing operations & Budget preparation (Expense - product cost - capital expenditure)
- Monitor the expenditure budget
- Analyze and report material costs and usage including variances, analyses production variances and provides reporting and explanations.
- Partnership with operations team to provide financial analysis and support to improve performance & productivity.

Requirements

Academic Qualification
- Bachelor Degree in Accounting and Finance

Work Experience
- 5 to 10 Years

About the Company

alfanar builds efficient energy systems & solutions of the present and sets up infrastructures for a brighter future.

We assist utility sector partners & customers in transforming cities into sustainable, habitable, and inclusive Smart Cities by harnessing renewable energy resources from wind, solar, and waste heat energy. Promoting the transition to a sustainable eco-conscious future.

Using world-class technologies, we develop unrivaled quality electrical solutions & products from our manufacturing facilities, to solve the world’s major energy challenges and make the world a better viable place.

Diligence, Efficiency, and Innovation are the key criteria our teams adopt in order to continuously provide effective solutions. We’re constantly equipping our teams with the tools they need to expand their horizons and reach higher grounds.

Being in an ever-changing environment with a crucial impact on their surroundings, our employees are nurtured to become keen thinkers with highly refined skills and a consistent outlook on the future, working together on finding the next big innovation.