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Home/Jobs/Cost Accountant
Weatherford logo
Weatherford

Cost Accountant

🇦🇪 Abu Dhabi, UAE🏢 On-site

💰 Estimated salary: AED 5,000–28,000/month· MenaJobs market estimate

Cost AccountingJD EdwardsERPGAAPVariance AnalysisMicrosoft ExcelInventory Accounting

At a Glance

Category
🏦 Finance & Banking
Level
Mid-Level
Type
Full-time
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Weatherford logo
Weatherford
5000+ employees

Job Overview
The Cost Accountant / Analyst supports the Plant Accounting team at ADM Abu Dhabi in day-to-day costing and financial reporting activities within a JD Edwards (JDE) environment. Reporting to the Plant Controller, this role supports standard costing, variance analysis, inventory accounting, and period-close processes while building the technical and analytical skills needed for progression within the function.

Responsibilities

  • Support and help maintain standard costs across BOMs and routings within JDE, taking ownership of assigned areas under the direction of the Plant Controller.
  • Support the annual cost roll process by preparing and validating cost component data.
  • Help review and update labor and overhead rate schedules in line with inputs from operations and HR.
  • Assist with month-end cost accounting close activities, including work order closures and WIP reconciliation in JDE.
  • Support accurate cost allocation and posting of manufacturing transactions in the ERP system.
  • Assist in analyzing manufacturing variances including Job Cost Variance (JCV) and Purchase Price Variance (PPV).
  • Prepare variance schedules comparing standard costs to actual production costs, document findings, and present summary reports to the Plant Controller.
  • Support preparation of variance and performance reports for plant management review.
  • Assist with financial modeling and ad hoc analysis as directed.
  • Assist in coordinating cost accounting and reporting activities to meet monthly, quarterly, and annual deadlines.
  • Support compliance with GAAP and internal financial policies in all cost accounting activities.
  • Perform account reconciliations and assist with balance sheet reviews and general ledger activities during period close.
  • Maintain accurate financial records and documentation to support audit readiness.
  • Serve as a focal point for internal and external audit requests, coordinating documentation and analysis as required.
  • Assist in coordinating physical inventory counts and fixed asset verification processes.
  • Support cycle count programs, ensuring timely posting and reconciliation within JDE.
  • Help investigate and resolve inventory discrepancies in coordination with operations and supply chain teams.
  • Liaise with production teams to support alignment on costing assumptions and inventory valuation.
  • Contribute ideas for improvement across costing, reporting, and inventory processes.
  • Support ERP system improvements related to costing and financial reporting.
  • Adhere to internal controls and support the strengthening of financial governance frameworks.
  • Build collaborative working relationships across operations, supply chain, and finance teams.Skills
  • Good understanding of accounting principles and GAAP.
  • Analytical mindset with strong attention to detail.
  • Strong communication and teamwork skills.
  • Ability to manage tasks and meet deadlines with guidance.
  • Eagerness to learn and develop within a manufacturing finance environment.
  • Solid Microsoft Excel skills, including pivot tables, VLOOKUP, and basic financial modelling.
  • Exposure to JD Edwards (JDE EnterpriseOne) or another ERP system is an advantage.Qualifications
  • Bachelor’s degree in Accounting, Finance, or a related field is required.
  • CPA, CA, ICWA, or ACCA qualification is preferred.
  • 2–4 years of accounting experience, ideally in a manufacturing or industrial environment.
  • Some exposure to cost accounting, variance analysis, or inventory is preferred.#LI-MD1

Requirements

  • •Good understanding of accounting principles and GAAP
  • •Analytical mindset with strong attention to detail
  • •Strong communication and teamwork skills
  • •Ability to manage tasks and meet deadlines with guidance
  • •Eagerness to learn and develop within a manufacturing finance environment
  • •Solid Microsoft Excel skills

Responsibilities

  • •Maintain standard costs across BOMs and routings within JDE
  • •Support the annual cost roll process by preparing and validating cost component data
  • •Review and update labor and overhead rate schedules
  • •Assist with month-end cost accounting close activities, including work order closures and WIP reconciliation
  • •Support accurate cost allocation and posting of manufacturing transactions in the ERP system
  • •Analyze manufacturing variances including Job Cost Variance (JCV) and Purchase Price Variance (PPV)
  • •Prepare variance schedules and performance reports for plant management review
  • •Perform account reconciliations and assist with balance sheet reviews

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Company
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Weatherford
5000+ employees

Weatherford is a global energy services company. They provide oilfield services and equipment to the oil and gas industry, focused on production and intervention solutions.

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