Cost Accountant

Job Description

Title: Cost Accountant

Company Name: Munshi HR Solutions Ltd.

Vacancy: 1

Age: 21 to 38 years

Job Location: Saudi Arabia

Salary: Tk. 60000 (Monthly)

Experience:

• 3 to 7 years
• The applicants should have experience in the following business area(s): Group of Companies

• Bachelor of Commerce (BCom)
• Bachelor of Business Administration (BBA) in Accounting

• 3 to 7 years
• The applicants should have experience in the following business area(s): Group of Companies

• Age 21 to 38 years
• Only Male

• Strong knowledge of Cost Accounting and Management Accounting

• Good understanding of inventory costing and valuation

• Knowledge of standard costing, variance analysis, and budgeting

• Strong MS Excel skills, including Pivot Tables, SUMIFS, VLOOKUP/XLOOKUP, and basic data analysis

• Experience with ERP/accounting software such as SAP, Oracle, Odoo, or similar

• Good numerical and analytical ability

• Strong attention to detail and accuracy

• Ability to prepare clear financial and management reports

• Good communication and coordination skills

• Ability to identify cost-saving opportunities and provide practical recommendations

• Prepare and maintain product/service cost sheets and update costing data regularly.

• Calculate material, labor, overhead, and total production costs accurately.

• Monitor actual costs against standard/budgeted costs and identify variances.

• Analyze cost variances and provide explanations and recommendations to management.

• Maintain proper records of inventory, raw materials, work-in-process, and finished goods.

• Support inventory valuation and conduct regular reconciliation between physical and accounting records.

• Prepare periodic cost reports and management reports highlighting cost trends and key findings.

• Assist in product pricing and profitability analysis based on cost and margin information.

• Coordinate with Production, Procurement, Store, and Finance teams to ensure accurate cost data.

• Support budgeting, forecasting, internal controls, and audit requirements related to costing and inventory.

• Working hours: 10 hours + overtime (6 days per week)

• Accommodation, meals, Iqama, and transportation will be provided by the company.

• Contract duration: 2 years (renewable)