General Accountant | alfanar Electric

Requisition ID:12122

CityIndia-AES-Mag

Group overview:

Headquartered in Riyadh, Saudi Arabia, we operate construction and manufacturing businesses, design & development centers and a host of facilities in the Middle East and other countries.

alfanar is involved in:

• Electrical, Electromechanical and Civil Engineering Construction
• Manufacturing and Marketing Electrical Construction Products
• Allied Engineering Services

Our Main Divisions:

• alfanar electric
• alfanar Construction
• alfanar Building Systems

alfanar electric

alfanar electric is the industrial arm of alfanar, manufacturing a variety of low, medium and high voltage electrical construction products.

alfanar electric operates industries in:

• Riyadh and Jubail, Saudi Arabia
• Dubai, UAE
• London, UK

alfanar has a development and engineering center in Chennai, India.

Industrial Complex, Riyadh

The center of alfanar's industrial activities is alfanar Industrial Complex situated in the Third Industrial Zone on Al-Kharj Road, Riyadh.

Spread across 700,000 square meters, the Complex houses alfanar's facilities.

The Complex has a comprehensive infrastructure including a data and communication center as well as a commercial zone.

Job Purpose

Provie financial support for the manufacturing plant, ensuring precise allocation of costs to products within a standard cost framework. Monitor and report cost variances, value inventory, and provide crucial support to the operations team. Monitoring expenses and allocating them to the final product

Key Accountability Areas

Cost Comparison and Analysis:

• Conducting a comparison between the standard cost and the estimated cost of products.
• Analyzing the variances between the standard cost and the estimated cost to identify reasons in collaboration with project managers.
• Comparing the planned cost with the actual cost for both products and semi-finished goods.

Expense and Communication:

• Determining the cost center for expense documents submitted by the payable department.
• Engaging in communication with project managers to offer necessary feedback and request estimation sheets or explanations when required.

Inventory and Production Monitoring:

• Evaluating and verifying the estimated cost of semi-finished goods.
• Monitoring consumption transactions associated with production orders.
• Ensuring the accuracy of product confirmations.
• Overseeing the production cycle of products and ensuring continuous recording in the system.

Documentation and Collaboration:

• Maintaining Bills of Materials (B.O.M) and routing documentation in coordination with project managers.
• Following up with the design and production departments to finalize the closure of COGI (Cost of Goods Issued).
• Identifying and highlighting program errors or user-caused issues and forwarding them to the relevant parties for resolution.

Role Accountability

HR Proficiency:

• Ability to obtain updated soft and technical skills related to the job
• To have a vision and a plan for the career path and how to achieve it.

Delivery:

• Perform the planned activities to meet the operational and development targets as per delivery schedules.
• Utilize resources effectively to achieve objectives within efficient cost and time.
• Provide a periodic report formatted by detailing the deviation and execution of planned tasks.

Problem-Solving:

• Solve any related problems arise and escalate any complex operational issues.

Quality:

• Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.

Business Process Improvements:

• Coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.

Compliance:

• Comply to related policy and procedures and work instructions.

Health, Safety, and Environment:

• Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.

Academic Qualification

Bachelor Degree in Accounting and Finance

Work Experience

2 to 5 Years

Technical / Functional Competencies

Accounting Methods
Accounting Principles