Requirements
The ideal candidate will have a Bachelor's degree in accounting, finance, or a related field, with a minimum of 4-8 years of experience in cost accounting within manufacturing or industrial sectors. Professional qualifications such as CMA, ACCA, CIMA, CPA, or CA are preferred. Expertise in product costing, manufacturing finance, profitability optimization, standard costing, inventory valuation, variance analysis, budgeting, and cost optimization initiatives is essential.
Description
Job description / Role
Job Type
Full Time
Job Location
Dubai, UAE
Nationality
Any Nationality
Salary
Not Specified
Gender
Not Specified
Arabic Fluency
Not Specified
Job Function
Accounting & Audit
Company Industry
Engineering Services
We are seeking a highly analytical and detail-oriented cost accountant
with strong experience in product costing, manufacturing finance, and profitability optimization across manufacturing and industrial sectors. The ideal candidate will be responsible for monitoring production costs, analyzing cost structures, improving operational profitability, and supporting strategic financial decision-making.
The role requires expertise in standard costing, inventory valuation, variance analysis, budgeting, and cost optimization initiatives within manufacturing environments.
Key responsibilities
Product costing & cost analysis
Prepare and maintain accurate product costing models for manufactured products.
Analyze raw material, labor, overhead, and operational costs to determine product profitability.
Develop and review standard costing systems and ensure regular updates.
Conduct BOM (Bill of Materials) and routing validations for accurate costing.
Monitor cost trends and identify opportunities for cost reduction and process improvement.
Profitability optimization
Perform detailed profitability analysis by product, customer, project, and business unit.
Support management with recommendations to improve margins and operational efficiency.
Analyze production variances including material usage, labor efficiency, and overhead absorption.
Identify cost-saving initiatives and participate in continuous improvement programs.
Manufacturing finance support
Work closely with production, procurement, supply chain, and operations teams.
Support inventory management, stock valuation, and cycle count reconciliation.
Monitor WIP (Work-in-Progress) and finished goods costing accuracy.
Ensure compliance with accounting standards and internal financial controls.
Reporting & budgeting
Prepare monthly cost reports, margin analysis, and MIS reports for management.
Assist in budgeting, forecasting, and annual operating plan preparation.
Support month-end and year-end closing activities related to manufacturing accounting.
Provide financial insights for pricing strategies and investment decisions.
ERP & systems
Maintain costing data within ERP systems such as Oracle, Microsoft Dynamics, or similar.
Improve financial reporting automation and costing methodologies.
Ensure data accuracy and integrity across costing and inventory systems.
Qualifications & experience
Bachelor’s degree in accounting, finance, commerce, or related field.
Professional qualifications such as CMA, ACCA, CIMA, CPA, or CA preferred.
Minimum 4–8 years of experience in cost accounting within manufacturing or industrial sectors.
About the Company
Since National Fire Fighting Manufacturing FZCO (NAFFCO) was established, it has grown to become the largest fire fighting equipment manufacturer in the Middle East and one of the top manufacturers worldwide.
The companys core business focuses on design, manufacture, supply, installation and after sales services with our highly trained and experienced technicians and engineers for fire fighting products ranging from basic fire extinguishers to highly sophisticated fire engines. The company provides total fire protection solutions to the most prestigious developments around the world, including residential buildings, commercial complexes, telecommunication centers, industrial installations, oil refineries and petrochemical plants and airport installations.
With its presence in over 100 countries, NAFFCO headquarters is located in United Arab Emirates, where a wide range of innovative fire fighting equipment is manufactured with the companys state-of-the-art technology.
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