We’re Hiring: Accounts Executives – Join Our Growing Team!
Location: Al Qusais, Dubai
Company: Al Majara Polychemical Industries (Head Office)
Department: Accounts & Finance
Job Title: Cost Accountant
Experience: 2–5 Years
Openings: 1
About Al Majara Polychemical Industries
Al Majara Polychemical Industries is a trusted name in chemical manufacturing and distribution. At Majara, our culture is our strength. Through our D.N.A. – Develop, Navigate, Achievements – we create a workplace where people grow, systems guide, and results inspire. We are committed to nurturing talent, operating with clarity, and striving for excellence, while fostering trust, respect, and shared success at every level.
Job Summary
We are looking for a technically sound and highly detail-oriented Inventory / Cost Accountant to oversee inventory valuation, cost analysis, and production reporting. The ideal candidate will be responsible for tracking inventory movements, ensuring accurate costing of materials, and analyzing manufacturing variances. This is a vital position that connects production, stores, and finance to ensure profitability analysis.
Candidate Requirements
- Bachelor’s degree in Accounting; CMA qualification is a plus
- 2–5 years of UAE experience in costing and inventory accounting
- Solid understanding of inventory valuation methods (FIFO, weighted average, etc.)
- Working knowledge of standard costing and variance analysis
- Hands-on experience with ERP systems and MS Excel
- Good understanding of manufacturing processes and costing flows
- Able to reconcile stock ledgers and investigate variances
- Familiarity with stock audits and documentation controls
- Strong attention to accuracy and detail in all entries
- Proactive approach to identifying and correcting process gaps
Key Responsibilities
- Maintain and reconcile inventory records across warehouses and ERP
- Monitor material usage, wastage, and costing of production batches
- Calculate and analyze Cost of Goods Sold (COGS) and inventory movement
- Assist in monthly, quarterly, and year-end stock takes and reporting
- Prepare production costing reports and identify variances
- Work with production and store teams to validate raw material consumption
- Ensure timely valuation of WIP and finished goods inventory
- Support pricing strategies with accurate cost data
- Help prepare audit schedules related to stock and COGS
- Recommend improvements in cost accounting systems and controls
Important Note
Only candidates who submit answers to the below skill test questions will be considered. Applications without the completed test will be automatically rejected.
Job Types: Full-time, Permanent
Application Question(s):
- How do you analyze increases in COGS, and what steps would you take to control or reduce it without affecting product quality? and What steps would you take to investigate and resolve the issue?
- What is your visa type?
Application Deadline: 07/06/2025
