Cost Accountant | GMG

A well-known and well-reputed Company based in Dubai, United Arab Emirates is looking for an experienced, skilled, competent, mature, qualified, creative, and intelligent candidate with significant knowledge and relevant working experience for the position ofย  “Cost Accountant”.

Company Name
GMG
Qualification Bachelors Degree | Masters Degree | CA | ICWA
Experience 4 – 5 years of Relevant Experience Required
Monthly Salary 25,000 AED โ€“ 26,000 AED
Employment Type Fullย ย Time | Permanent
Company Size 50 – 100 Employees
Benefits Medical Insuranceย 
Location Dubai

 

 

 

 

 

 

 

 

Cost Accountant (UAE National)

About GMG:

GMG is a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, food and health sectors. Its vision is to inspire people to win in ways that make the world better. Today, GMGโ€™s investments span across four key verticals: GMG Sports, GMG Food, GMG Health, and GMG Consumer Goods. Under the ownership and management of the Baker family, it has become a leading global company, affiliated with the worldโ€™s most successful and respected brands in the well-being sector. Working across the Middle East, North Africa, and Asia, GMG has introduced more than 120 brands into its markets.

Key Areas of work

  • Product costing
  • Inventory valuation
  • Overheads calculation
  • Plant MIS
  • Plant Budgets & Forecasts

Key Activities And Responsibilities

  • Work on product costing for current and proposed products considering all cost elements.
  • Review of Bills of material with physical consumption before BOM finalization in system.
  • Calculation of process costs for different types of products.
  • Calculation of overheads of plant on standard cost method.
  • Calculation of overhead rates for allocation to products.
  • Review of the variances (Rate and consumption) and reporting of the same.
  • Review the inventory and report any anomalies and aged items.
  • Prepare Plant MIS with commentary on variances.
  • Prepare cost trends for various category of raw materials and highlight any anomalies or unusual trends.
  • Prepare Plant budgets.
  • Prepare Forecasts.

Experience

  • Experience of 4-5 years in FMCG/Pharma/Chemical industry.
  • Understanding of Standard cost and Process costing.
  • Knowledge of ERP SAP, ORACLE. (SAP Preferred).

Academic Qualifications

  • ICWA/CA

Personal Traits

  • Ability to work in a fast-paced organization with multiple stake holders at times.
  • Team player with ability to scale up quickly.

Accounting & Finance