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Manufacturing Accountant
NOVرأس الخير, Eastern Province, Saudi Arabia16 days ago
Job descriptionPrepare and post journal entries including Contra Finished Goods, Prepayments, and MIT Cost Adjustments. Conduct month-end reconciliations related to project accounts. Develop project reconciliation and project closeout files. Generate and process customer project invoices accurately and timely. Perform cost updates and cost roll procedures. Generate various operational reports including : WIP aging, item receiving, and cycle count reports Prepare and process scrap transactions and invoices. Record and monitor monthly scrap accruals. Technical Skills (Accounting and Finance) Time Management / Prioritization Listening and Communicating Problem Solving Integrity and Trust Computer Literate (MS Word, Excel, Outlook) and ability to learn new systems Accuracy under pressure Bachelor’s degree in accounting, Finance, or a related field. Prior experience in cost accounting and / or project accounting preferred.
Overview
Manufacturing Accountant role at NOV. The position involves cost accounting and inventory management within ERP systems, supporting month-end close and providing financial insights to operations.
Responsibilities
- Set up standard costs for items in the ERP / system.
- Prepare and analyze cost variances including labor, material, inventory, and purchase price variances.
- Collaborate with the Supply Chain team on cost-related matters and provide financial insights.
- Ensure compliance with SOX (Sarbanes-Oxley) regulations and internal control procedures.
- Participate in physical inventory counts and cycle counts across company locations.
- Assist in the month-end close process for inventory-related entries in the General Ledger.
- Review Work-in-Progress (WIP) inventory, generate aging reports, and coordinate with operations on resolutions.
- Generate and communicate cost and variance reports to management and participate in related meetings.
Project Accounting Responsibilities
Additional Cost Accounting Tasks
Utilization reports
Key Competencies / Skills
Qualifications, Knowledge And Experience
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Accountant • رأس الخير, Eastern Province, Saudi Arabia
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