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Domo Ventures W.L.L.

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Cost Accountant

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Job Title: Cost Accountant

Industry: Manufacturing 

Location: Jeddah/ KSA

Our client is seeking a skilled Cost Accountant to join their dynamic team. The company is a leading producer and distributor of high-quality, eco-friendly, reusable non-woven fabric bags, specializing in branded eco-packaging for supermarkets, footwear, fashion retailers, and corporate promotions.

Job Summary The Cost Accountant will be responsible for maintaining accurate cost records, conducting cost analyses, and providing financial insights to support operational efficiency and profitability.

Responsibilities

  • Develop and maintain standard costs for products, including raw materials, labor, and overhead.
  • Conduct variance analysis to identify cost deviations and implement corrective actions.
  • Analyze cost trends and provide recommendations for cost reduction opportunities.
  • Prepare and analyze cost reports, including product profitability and inventory valuation.
  • Assist in the development and implementation of cost accounting systems and procedures.
  • Support the budgeting and forecasting process by providing accurate cost data.
  • Collaborate with production and operations teams to optimize cost efficiency.

Qualifications

  • Bachelor's degree in Accounting or Finance
  • Minimum of 3 years of experience in cost accounting
  • Strong analytical and problem-solving skills
  • Excellent attention to detail and accuracy
  • Ability to work independently and as part of a team

Preferred Qualifications

  • Experience in the manufacturing industry
  • Knowledge of inventory management principles
  • Certification in Cost Management

If you are interested in the opportunity, please send us your updated resume to: zabdulla@Domomena.com

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