Gold Factory Cost Accountant
Gulf Jewellery Factory · الدمام
Posted Jul 31, 2026Source: indeed
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Job description
We are hiring a **Senior Accountant** who can independently manage **all accounting, costing, inventory control, and production reconciliation** for a gold manufacturing factory. This is a **single‑person accounting department**, so the candidate must be experienced, reliable, and capable of handling full responsibility.
**Key Responsibilities**
* Manage **full accounting cycle**: purchases, sales, payments, payroll, monthly closing.
* Prepare **monthly Profit \& Loss statement**, cost analysis, and management financial reports
* Daily costing for gold manufacturing (melting, casting, polishing, finishing).
* Track and reconcile **raw gold, alloy, WIP, scrap, dust, and finished goods**.
* Monitor **wastage, recovery, and yield variance** with strict control.
* Maintain purity conversion records (24k, 22k, 21k, 18k).
* Prepare daily production reports and batch/job costing.
* Maintain ERP or factory software entries.
* Ensure compliance with **IFRS / IAS 2** for inventory valuation.
* Support internal controls and audit requirements.
* Coordinate closely with production supervisors and factory management.
* Set up proper accounting and inventory systems for the factory.
**Required Experience**
* **Minimum 3–5 years** experience in gold/jewelry manufacturing (factory level).
* Experience preparing **P\&L and financial statements**.
* Strong knowledge of production flow and costing.
* Experience handling **full accounting \+ costing \+ inventory** independently.
* Familiarity with factory machines and processes (casting, polishing, recovery).
* ERP or jewelry manufacturing software experience.
**Skills \& Competencies**
* High accuracy and strong reconciliation skills.
* Ability to work independently without supervision.
* Strong reporting and documentation discipline.
* Good communication and coordination skills.
* Trustworthy and detail‑oriented.
**Education**
* Bachelor’s degree in Accounting, Finance, or related field.
* Additional certification in Cost Accounting is an advantage
Pay: ﷼3,000\.00 \- ﷼5,000\.00 per month
Work Location: In person
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