Cost Accountant

About the Role Our client, a manufacturing leader in Isa Town, Southern, BH , is looking for a dedicated Cost Accountant to join their operational finance team. This role is pivotal in analyzing production costs, managing inventory valuation, and providing essential data for pricing decisions and profitability improvements. The Cost Accountant will play a key role in optimizing operational efficiency by identifying cost-saving opportunities and enhancing financial reporting accuracy related to manufacturing. We foster a dynamic workplace that values analytical precision and contributes directly to the company's competitive edge. If you have a strong background in cost analysis within a manufacturing setting, we encourage you to apply for this exciting opportunity in Isa Town, Southern, BH . Key Responsibilities Develop, implement, and maintain cost accounting systems and procedures. Analyze manufacturing costs, including direct materials, direct labor, and overhead. Perform variance analysis (purchase price, usage, labor rate, labor efficiency, overhead) and investigate significant discrepancies. Assist in the preparation of the annual budget and periodic forecasts for manufacturing costs. Manage and value inventory, ensuring accuracy in cost of goods sold calculations. Conduct standard cost setting and maintenance. Provide cost data and analysis to support pricing decisions and new product introductions. Develop and track key performance indicators (KPIs) related to production costs and efficiency. Support the month-end and year-end closing processes by ensuring accurate cost data. Collaborate with production and supply chain teams to identify cost reduction opportunities. Requirements Bachelor's degree in Accounting, Cost Accounting, or a related field. Professional certification (e.g., CMA, ACCA) is a strong advantage. Minimum of 3-5 years of experience in cost accounting, preferably within a manufacturing environment. Strong understanding of cost accounting principles, inventory valuation methods (FIFO, LIFO, Weighted Average), and standard costing. Proficiency in accounting software and advanced Excel skills are essential. Experience with ERP systems like SAP or Oracle is highly desirable. Excellent analytical, problem-solving, and data interpretation skills. Strong communication and interpersonal skills, with the ability to work effectively with operational teams. Meticulous attention to detail and commitment to accuracy. Ability to manage multiple tasks and meet deadlines in a fast-paced environment. Knowledge of lean manufacturing principles is a plus. Benefits Competitive salary and benefits package. Health, dental, and vision insurance. Paid vacation and public holidays. Opportunities for professional development and training. A collaborative and stable work environment in Isa Town, Southern, BH . Access to modern manufacturing facilities and advanced systems. Company-provided training on new accounting software. Career growth prospects within a growing organization.