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Energy & Utilities

Cost Accounting & Inventory Management

Saudia arabia NOV
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Job Description

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.

Skills Required

  • Computer Literate (MS Word, Excel, Outlook) and Ability to Learn New Systems
  • Integrity and trust
  • Keep Accuracy and Ability to Work Under Pressure
  • Listening and Communicating
  • Patience
  • Problem Solving
  • Technical Skills (Accounting and Finance)
  • Time Management/Priority Setting

Qualifications Required

  • Bachelor’s degree in Accounting, Finance, or related field
  • Prior Experience in Cost Accounting and/or Project Accounting Preferred

Tags

NOV Oil and gas Saudia arabia cost_accountant cost_analysis inventory_management project_accounting