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Cost Accountant, United Arab Emirates

Job Title: Cost Accountant
Job Location: Dubai, United Arab Emirates
Company: We are looking for a Cost Accountant to join our company with minimum 7 Years of relevant experience. 
Date Posted: 09 - June - 2017 
Requirements:
  • Proven work experience as a Cost Accountant, Cost Analyst, Accountant or similar role
  • Thorough knowledge of accounting procedures
  • In-depth understanding of Generally Accepted Accounting Principles
  • Computer literacy, MS Excel in particular (familiarity with VLOOKUPs and pivot tables)
  • Excellent analytical skills with an attention to detail
  • Strong time management skills
  • Integrity, with an ability to handle confidential information
  • M.com degree in Accounting, Finance or relevant qualification.
Responsible for performing cost analyses and preparing budget reports. Possess excellent analytical skills along with the ability to combine different data and calculate profit margins. Our ideal candidate should also be able to create detailed reports that present cost-effective solutions for our company. Ultimately, should build updated databases and manage cost information to maximize profitability for our company.
Job Description
  1. Collect cost information and maintain an expenses database
  2. Construct data accumulation systems
  3. Determine fixed costs (e.g. salaries, rent and insurance)
  4. Plan and record variable costs (e.g. purchases of raw material and operations costs)
  5. Review standard and actual costs for inaccuracies
  6. Prepare budgeting reports (for the company and for each department)
  7. Analyze and report profit margins
  8. Prepare (monthly, quarterly and annual) cost forecasts
  9.  Assisting in month-end and year-end closing
  10. Identify and recommend cost-effective solutions

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