Job summary
Cost Accountant position at Matar Al Baqmi Holding in Dammam. The role handles product costing, inventory valuation, variance analysis and month-end costing to support operational reporting and commercial decisions.
Key responsibilities
- Maintain and review product cost structures including materials, labor, overhead and packaging.
- Review BOMs, costing versions and cost master data in the ERP system.
- Monitor raw material and purchase cost movements and their impact on margins.
- Analyze production, material usage, yield and other manufacturing variances.
- Support inventory valuation and reconcile quantities and values with ledger.
- Coordinate with production and other teams to ensure accurate inventory records.
- Perform month-end costing activities and related reconciliations.
- Conduct monthly stock counts and investigate unreconciled variances.
Requirements
- Bachelor's degree in Accounting, Finance or related field.
- Preferred professional qualification: CMA, ACCA, CA Intermediate or equivalent.
- 5–7 years' relevant cost or manufacturing accounting experience.
- Experience with ERP systems, preferably D365, and strong Excel skills.
- Good knowledge of accounting principles and month-end closing.
Skills
Product CostingVariance AnalysisBOM ManagementInventory ValuationD365ExcelMonth-end ClosingReconciliationFinancial ReportingManufacturing Accounting
Source: Workable. Last checked as open: 14 Nov 2026. You apply directly with the employer.
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