BAYAN MEDICAL COMPANY
Pricing and Costing Accountant
Dubai, UAEPosted 6 days ago
- Salary
- AED 9k–14k a month· est.
- Job type
- Full time
- Level
- Mid level
- Field
- Finance & Accounting
- Work mode
- On site
About the role
Location: Dubai, UAE Industry: Medical Equipment Distribution Job Overview Bayan Medical Company is looking for a detail-oriented Pricing & Costing Accountant to manage product costing, pricing and profitability. The role involves calculating landed costs of imported medical equipment, analysing procurement expenses, maintaining product pricing and monitoring profit margins. Key Responsibilities • Calculate product costs, including purchase price, freight, customs duties, clearance and other import-related expenses. • Prepare and maintain accurate landed cost calculations for imported products. • Analyse supplier quotations and compare procurement costs. • Calculate selling prices and gross profit margins for products. • Review and update product prices based on changes in costs and supplier prices. • Monitor product profitability and identify pricing discrepancies. • Maintain accurate inventory costing and stock valuation records. • Reconcile estimated costs against actual costs and investigate variances. • Prepare regular reports on product costing, pricing and profit margins. • Coordinate with procurement, finance, sales and warehouse teams. Requirements • Bachelor's degree in Accounting, Finance or a related field. • 3–5 years of experience in pricing, costing or cost accounting. • Experience in medical equipment, pharmaceutical distribution or trading companies is preferred. • Good knowledge of landed cost calculations, import expenses, product pricing and inventory valuation. • Advanced Microsoft Excel skills. • Experience with ERP systems; Microsoft Dynamics experience is preferred but not mandatory. Skills • Strong numerical and analytical abilities. • Good understanding of product costing and gross margin calculations. • High attention to detail and accuracy. • Good communication and coordination skills.
Requirements
Bachelor's degree in Accounting, Finance or a related field. 3–5 years of experience in pricing, costing or cost accounting. Experience in medical equipment, pharmaceutical distribution or trading companies is preferred. Good knowledge of landed cost calculations, import expenses, product pricing and inventory valuation. Advanced Microsoft Excel skills. Experience with ERP systems; Microsoft Dynamics experience is preferred but not mandatory.
Responsibilities
Calculate product costs, including purchase price, freight, customs duties, clearance and other import-related expenses. Prepare and maintain accurate landed cost calculations for imported products. Analyse supplier quotations and compare procurement costs. Calculate selling prices and gross profit margins for products. Review and update product prices based on changes in costs and supplier prices. Monitor product profitability and identify pricing discrepancies. Maintain accurate inventory costing and stock valuation records. Reconcile estimated costs against actual costs and investigate variances. Prepare regular reports on product costing, pricing and profit margins. Coordinate with procurement, finance, sales and warehouse teams.
Skills
- Strong numerical and analytical abilities
- Good understanding of product costing and gross margin calculations
- High attention to detail and accuracy
- Good communication and coordination skills
- Advanced Microsoft Excel
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