Sr. Accountant- Cost & Management

Industry Type Power / Energy
Functional Area Accounts / Tax / CS / Audit
Location of Job Eastern Province - Saudi Arabia
Job Description
To perform activities in support of completion of the budgeting process and preparation of the annual budget. Preparation of monthly variance reports highlighting areas of concern for management consideration and action. Maintain the cost and management accounts and prepare/generate reports for cost control and management decision making purposes.Operating Plan & Budget:Analyze cost-center wise bid data of all departments and ensure accuracy. Facilitate budget co-ordinators to prepare budgets. Follow up on the budgeting process to ensure achievement of target time frame. Assist Superintendent in preparation and analysis of budget financials.Budget Center Reports:Prepare Budget Center reports on a monthly basis comparing actual performance against budget and follows up and reports on variances for management attention.Variance Analysis:Review monthly financial statements and analyse expenditure variance. Provides reports to superior to ensure accurate and timely monitoring and control of expenditures.Monthly Business Reports:Prepare monthly business report based on the feedback received from all departments. Analyze financial performance of each cost center. MIS Reports:Prepare reports based on ad-hoc studies and analyzes as instructed by superior for the consideration of management.Cost Accounting:Implement and maintain the approved cost accounting framework and practices in order to enable a system of recording and ascertaining costs to help in preparation of reports for cost controlManagement Accounting:Prepare the monthly income statement and balance sheet based on financial accounts. Prepare monthly business reports highlighting variances and areas of concern for management information and consideration.

Desired Candidate's Profile
Profile
Bachelor’s Degree in Accounting/ Finance + Chartered Accountant.More than 8 years experience in Utility business with experience in costing/ accounts.Experience coordinating budgets and generating MIS reports.

Experience 8 - 28 years
Education PG - Chartered Accountant
Nationality Any Nationality
Gender Any

Contact Details
Name Mohsin Azad - Recruitment Consultant
Website http://www.marafiq.com.sa