Cost Accountant Job in Ajman

Cost Accountant Required A Cost Accountant, or Cost Analyst, is a Costing professional with proven experience in manufacturing concern( Specially in furniture industry) who’s responsible for assessing business expenses and preparing optimized budget plans for their employer. Their duties include preparing projects / jobs wise costing & monitoring the cost of project/jobs during production process. Reviewing financial records, researching the market rate for key business costs and adjusting the company ledger to accurately reflect balance sheets. Cost Accountant duties and responsibilities Cost Accountants collaborate with other accountants and financial staff in the company to provide financial and accounting support to executives and department heads who establish goals and budgets for the organization. Their duties include: • Collecting and analyzing data about a project / job operational cost • Setting standard costs of manufactured goods • Developing and analyzing cost standards • Carrying out cost-volume-profit (CVP) analysis, including for small businesses • Establishing costs of business processes such as administration, labor, manufacturing, finished goods etc. • Performing supplier account reconciliations • Recommending changes to the company’s processes and policies to reduce cost and maximize profit • Advising executives and upper management on appropriate costing based on financial data • Managing the company’s balance sheet and accounting books • Supporting other company accountants with invoicing and capital expenditure Cost Accountant skills and qualifications An excellent Cost Accountant should understand the principles of cost accounting and how it can be used to create a costing for a projects / job. To do this, they use a variety of technical and soft skills, including: • Advanced knowledge of mathematics and statistics • Understanding of organizational accounting concepts • Strong financial analysis skills • Ability to prepare financial reports and give recommendations based on available data • Superior knowledge of financial reporting software tools and ERP software • Ability to perform risk and security assessments • In-depth knowledge of financial guidelines and regulations • Excellent attention to detail • Effective communication, including writing, speaking and active listening • Collaboration and teamwork • Qualification Minimum B.com or Equivalent • Experience 1 to 3 year

How many openings are there?

There is 1 opening for this position.

How much salary can you expect?

Salary ranges will depend on your skills and experience. You can expect a starting salary of AED 1000, which could go up to a monthly wage of AED 2000.

How much experience is required for this job?

The candidate needs to have at least 1 - 3 year(s) of experience working in a similar position.

Who can apply for this job?

Only male candidates can apply for this job.

Which nationality candidates can apply for this job?

Any candidate of any nationality is eligible to apply.

Which licenses are required to apply for this job?

No licenses are required to apply for this job.

Is a CV required?

Yes, a CV is mandatory.

What is the preferred visa status for this job?

The candidate must have valid UAE Visit Visa, UAE Cancel/Expired Visa to apply for this job.

Is Video Intro required?

No, a video intro is not required.

Is it a work from home job or work from office job?

It is a work from the office job.

Is accommodation provided by the company?

No, the company will not provide accommodation to the candidate.

Will food and transportation be provided by the company?

No, the company will not provide food and transportation to the candidate.

Will the company provide free visa to the candidate?

No, the company will not provide a free visa to the candidate.

How can you apply for this job?

To apply for this job, go to the Skillbee App and click on the listing. From there, you can contact HR to schedule an interview.

What is a Cost Accountant?

A Cost Accountant is a professional accountant who specializes in the cost accounting process. They help businesses and organizations understand, track, and report costs associated with their products or services. This information can be used to make intelligent business decisions.

What qualifications are required to become a Cost Accountant?

1. A degree in accounting or related field is required.

2. Experience as a cost accountant is preferred but not necessary.

3. Knowledge ofaccrual basis, double-entry bookkeeping and financial analysis are essential skills for the position.

4.? Strong computer literacy - including knowledge of office software programs such as Microsoft Excel - is also important for this position.? Good problem solving abilities are a must, since Cost Accountants have to be able to identify problems and find solutions on their own.? Excellent communication skills are crucial; Cost Accountants need to be able to clearly explain complex concepts both verbally and in writing.? Organized with an attention to detail, Cost Accountants keep detailed records of their work which they use when preparing reports or presentations

What are the skills required to become a Cost Accountant?

1. Good math skills and the ability to use a calculator are essential for becoming a Cost Accountant.

2. Knowledge of accounting principles is also important, as is an understanding of how businesses operate financially.

3. Strong communication and organizational skills are necessary because cost accountants work with other departments within a company, as well as with clients or customers outside the business world.

4. A knowledge of financial statements (such as income statements and balance sheets) is helpful in determining whether expenses are being spent wisely or if there may be opportunities to save money on costs associated with operations..

5 . Finally, experience working in accounts payable/accounts receivable would be beneficial, since these positions often require attention to detail when tracking spending across different areas within companies