COST ACCOUNTANT (Binhindi Foods) – BIN HINDI , Bahrain

Job Summary
Responsible for maintaining the inventory system with integrity and standardization, buying raw materials is vital to the company’s profit, creates and monitors purchase orders, negotiate with vendors, visit the restuarant for inventory check, involving in inventory reconciliation, cost analysis and month-end close

Minimum Qualifications & Experience
Bachelors Degree in Accounting specialization in Cost accounting preferred
Minimum of 2-3years of Cost Accounting in similar field preferred

Required Skills
Must have a strong Cost systems background
excellent analytical skills and accounting principals.
Strong computer skills
knowledge of purchasing policies, processes, and procedures
knowledge of finance, accounting, budgeting and cost control procedures.
Strong technical skills involving inventory reconciliation

Duties and Responsibilities
Assisting in Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor.
Responsible for comparing actual costs to estimates and analyzes variances.
Analyzing and monitoring raw material inventory.
Analyzes actual manufacturing costs and prepares periodic reports comparing budget costs to actual production costs; this includes product margin reporting and analytics.
Visit the restuarant periodically for inventory check as directed by the deparment heads, Conducts physical inventories and monitors cycle count program
Makes sure that no orders are place for these raw materials unless it is necessary and purchase order is properly tracked finding the appropriate approval signature
Responsible for administering and reconciling the Company purchasing records
Negotiates the best vendor terms, pricing and delivery based on specific budget and schedule requirements needed to keep production supplies maintained.
Recording cost information for use in controlling expenditures
Analyzing audits of costs and preparing reports
Making estimates of new and proposed product costs
Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
Assisting in Month end close of the General Ledger

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