Conares

Manufactures ERW pipes, rebars, color-coated coils

Cost Accountant

Cost & Management AccountingUpdated on Nov 11

Full-timeDubai - United Arab EmiratesNo salary listedIn-person

About the Job

Requirements

Qualified ICWA or CA.
At least 5 years of experience in manufacturing costing; steel-industry experience is preferred.
Hands-on experience in SAP is mandatory, preferably SAP S/4HANA, with knowledge of the CO module.
Good understanding of financial accounting and general accounting principles.
Strong Excel and analytical skills.

Responsibilities

Handle product costing, cost allocation, and profitability analysis.
Monitor raw material consumption, production costs, and inventory valuation.
Analyse production variances, wastage, yield, and capacity utilisation.
Prepare monthly costing reports, management information system (MIS) reports, and product-wise profitability statements.
Work closely with production and procurement teams to understand cost drivers and identify areas for cost improvement.
Assist in preparing and updating the company's business and financial models, including production volumes, capacity utilisation, raw material costs, operating expenses, and profitability projections.
Support budgeting, forecasting, and variance analysis.
Assist with monthly closing, inventory reconciliation, and financial reporting.
Review existing costing processes and suggest improvements.

Desired Qualifications

Experience in the steel industry.
SAP S/4HANA experience and knowledge of the CO module.

Cost Accountant

Conares · Dubai, United Arab Emirates · Full-time · Posted 2026-11-11

Workplace: on_site

Department: Accounting Finance

Description

We are looking for a Cost Accountant to join our accounting department. You’ll be responsible for performing cost analyses and preparing budget reports.

The ideal candidate should possess excellent analytical skills along with the ability to combine different data and calculate profit margins and manage cost information to maximize profitability.

Handle product costing, cost allocation and profitability analysis.
Monitor raw material consumption, production costs and inventory valuation.
Analyse production variances, wastage, yield and capacity utilisation.
Prepare monthly costing reports, MIS and product-wise profitability statements.
Work closely with production and procurement teams to understand cost drivers and identify areas for cost improvement.
Assist in preparing and updating the company's business and financial models, including production volumes, capacity utilisation, raw material costs, operating expenses and profitability projections.
Support budgeting, forecasting and variance analysis.
Assist with monthly closing, inventory reconciliation and financial reporting.
Review existing costing processes and suggest improvements.

Requirements

Qualified ICWA or CA.
Minimum 5 years of experience in manufacturing costing, preferably in the steel industry.
Hands-on experience in SAP is mandatory, preferably SAP S/4HANA with knowledge of the CO module.
Good understanding of financial accounting and general accounting principles.
Strong Excel and analytical skills.

Apply

Apply at Conares

About the Company

Conares

Manufactures ERW pipes, rebars, color-coated coils

Conares manufactures and exports a wide range of steel products from its Dubai facilities, including ERW pipes and tubes, rebars (and rebars in coils), wire rods, and color-coated coils, and operates a Steel Service Center for custom cutting, slitting, and shaping. Its production uses European and Japanese equipment to ensure quality, and most output is shipped from the Jebel Ali Free Zone to 26 countries, with exports exceeding 85% of production. It differentiates itself through a large annual capacity (over 1.5 million tons), diverse product lines, strategic UAE location, a cash/letter-of-credit sales model with minimal bad debt, and a commitment to sustainability, including a Net Zero by 2050 goal. Its aim is to grow as a leading steel producer with a low-carbon footprint by expanding exports and serving multiple industries while pursuing Net Zero emissions.

Company size: Not listed
Company stage: Not listed
Total funding: Not listed
Headquarters: Not listed
Founded: Not listed

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