Chief Accountant - Inventory, Manufacturing & Fixed Assets

Job Description

• Oversee inventory valuation, costing, and reconciliation processes.
• Ensure accurate tracking of inventory transactions (receipts, issues, transfers, adjustments).
• Coordinate cycle counts and physical inventory counts; analyze and resolve variances.
• Monitor internal controls and policies related to inventory, MFG & Fixed Assets.
• Develop and maintain standard costs for all products; analyze variances and production efficiency.
• Partner with operations to monitor production cost drivers and identify cost-saving opportunities.
• Track work-in-process (WIP) and finished goods inventory in alignment with production schedules.
• Ensure accurate recording of manufacturing overhead, labor, and material costs.
• Maintain fixed asset register and ensure proper capitalization, depreciation, and disposal of assets.
• Conduct periodic asset audits and reconcile to general ledger.
• Ensure compliance with accounting standards for asset classification and depreciation.
• Capital expenditure reviews (CAPEX) .
• Prepare monthly, quarterly, and annual financial reports related to inventory, manufacturing, and assets.

Skills

• Bachelor’s degree in accounting - CMA is a plus
• 5–10 years of accounting experience, including 3+ years in a manufacturing environment.
• Strong understanding of cost accounting, inventory valuation, and fixed asset accounting.
• Proficient in ERP systems
• Advanced Excel skills.
• Excellent analytical, problem-solving, and communication skills.
• Strong leadership and organizational abilities.

Job Details

Job Location Dammam, Saudi Arabia Business Sector Industrial & Manufacturing Company Type Employer (Private Sector) Functional Area Accounting/Banking/Finance Work Schedule Full time Employment Type Employee

Preferred Candidate

Career Level Management / Supervisor Years of Experience Min: 5 Max: 10 Degree Level Bachelor's degree

About This Company

AlRashed Group Industrial

Industrial & Manufacturing Dammam, Saudi Arabia https://www.alrashedindustrial.com
الرؤية: أن نكون روادًا في القطاع الصناعي في المملكة العربية السعودية من خلال تبني الابتكار وتعزيز التنمية المستدامة، مع السعي لنكون الشريك المفضل وصاحب العمل الأول في القطاع الصناعي. الرسالة: مهمتنا هي الاستفادة من خبرات فريق القيادة لتنفيذ حلول صناعية مبتكرة تساهم في تعزيز التميز والنمو المستدام، مع الالتزام بأعلى معايير الأداء والموثوقية. القيم الأساسية: النزاهة الابتكار التعاون ... See more