Senior Cost Accountant


Job ID 21373 Senior Cost Accountant
Posted date 15-Jun-2022
Deadline 30-Aug-2022
Job Location Jordan - Amman
Educational Degree Bachelors
Target Society Accounting,
Accounting - Analysis
Career Level 3-5 years experience , Senior
Languages Arabic,English
Responsibilities • Collecting and analyzing data about company’s operational costs.
• Very good understanding of accounting principles and general cost standards and cost methods.
• Knowledge of financial recording and reporting tools.
• Budgeting and Setting standard costs of products and business services provided by the entire company.
• Developing and analyzing cost standards.
• Defining various product and services costs.
• Monitoring unit cost variance.
• Implementing cost standards for materials and labor.
• Preparing product and services reports.
• Performing month-end cost accounting close.
• Maintaining cost accounting system and cost ledger.
• Make estimates of new and proposed product costs
• Preparing cost of goods sold and production reports.
• Balance sheet reconciliation
• Provide guidance on cost allocation principles and allocation issues raised by cost centers
• Provide guidance & assistance to cost centers on the cost planning process, timeline and completion of cost planning templates. Perform a review and conduct a challenge on assumptions
• Role is concerned with providing cost accounting & cost allocation guidance, preparation of detailed cost planning models, report generation, preparation of cost analysis with explanation of variances to management and recommend corrective actions to achieve corporate cost targets.
• Major challenges include the following: understanding the cost flows from first incurred cost objects to the company's ledgers; meeting planning cycle timelines; ensuring cost planning models capture sufficient granularity to facilitate subsequent stewardship; ensuring robust cost budget and forecast reviews; and, the provision of recommended corrective actions to achieve corporate cost targets
Job Type Full Time Job
Additional Notes • Demonstrated knowledge of accounting systems Oracle is preferred.
• Business writing & reporting skills.
• The ability to work as a team member.
• Planning & organizing skills.
• Accuracy & efficiency.
• MS Office skills P

Information About the candidates
Gender Any
Notice Period 1 month or less
Employer Profile Abu-Ghazaleh Professional Recruitment is a member of Talal Abu-Ghazaleh Organization, the largest Arab group of professional firms in the field of accounting, management consulting, training, intellectual property, legal services, information technology, capacity building, credit information, legal translation, professional training, credit information and professional recruitment services.

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