Finstorm Placement Services
Senior Cost Accountant
Sharjah, UAEPosted yesterday
- Salary
- AED 19k–26k a month· Michael Page
- Job type
- Full time
- Level
- Senior
- Field
- Finance & Accounting
- Work mode
- On site
About the role
Finstorm is hiring a Senior Cost Accountant for a leading organisation in the aviation and aerospace sector. This role will be responsible for cost accounting, inventory valuation and asset costing across multiple international entities, supporting aviation MRO, aircraft teardown, parts trading and asset management operations. Key Responsibilities • Manage cost allocation for aircraft teardowns, including materials, labour and overheads. • Oversee inventory valuation and cost of sales accounting for aviation parts, MRO and asset management activities. • Review slow-moving, excess and obsolete inventory provisions, impairments and write-downs. • Support fair market valuation of aviation assets, including airframes, engines, components and parts. • Analyse cost variances across MRO jobs, aircraft teardowns and trading activities. • Manage month-end close activities relating to inventory, COGS, asset valuations and reconciliations. • Ensure compliance with IFRS, relevant local accounting standards and Group policies. • Work closely with operations, asset management, AP, AR, GL and FP&A teams across multiple entities. • Support ERP enhancements and process improvements relating to costing and inventory management. Requirements • Bachelor's degree in accounting, Finance or a related discipline. CMA, CPA, ACCA or equivalent qualification preferred. • 5–8+ years of progressive cost accounting experience. • Strong exposure to aviation MRO, aircraft teardown, aviation parts trading or aerospace asset management. • Hands-on experience in aircraft teardown cost allocation, inventory valuation and aviation asset valuation. • Good understanding of inventory impairment, obsolete stock provisions and asset valuation. • Experience with SAP, Oracle or similar ERP systems. • Strong knowledge of IFRS; exposure to US GAAP is an advantage. • Experience supporting multiple entities or international shared services operations. • Strong analytical, problem-solving and stakeholder management skills. Apply Now If you have relevant cost accounting experience within the aviation or aerospace industry, we would like to hear from you. #Hiring #SeniorCostAccountant #CostAccounting #AviationJobs #Aerospace #FinanceJobs #InventoryManagement #MRO #DubaiJobs #UAEJobs #Finstorm
Requirements
Bachelor's degree in accounting, Finance or a related discipline. CMA, CPA, ACCA or equivalent qualification preferred. 5–8+ years of progressive cost accounting experience. Strong exposure to aviation MRO, aircraft teardown, aviation parts trading or aerospace asset management. Hands-on experience in aircraft teardown cost allocation, inventory valuation and aviation asset valuation. Good understanding of inventory impairment, obsolete stock provisions and asset valuation. Experience with SAP, Oracle or similar ERP systems. Strong knowledge of IFRS; exposure to US GAAP is an advantage. Experience supporting multiple entities or international shared services operations. Strong analytical, problem-solving and stakeholder management skills.
Responsibilities
Manage cost allocation for aircraft teardowns, including materials, labour and overheads. Oversee inventory valuation and cost of sales accounting for aviation parts, MRO and asset management activities. Review slow-moving, excess and obsolete inventory provisions, impairments and write-downs. Support fair market valuation of aviation assets, including airframes, engines, components and parts. Analyse cost variances across MRO jobs, aircraft teardowns and trading activities. Manage month-end close activities relating to inventory, COGS, asset valuations and reconciliations. Ensure compliance with IFRS, relevant local accounting standards and Group policies. Work closely with operations, asset management, AP, AR, GL and FP&A teams across multiple entities. Support ERP enhancements and process improvements relating to costing and inventory management.
Skills
- Cost accounting
- Inventory valuation
- Asset valuation
- IFRS
- US GAAP
- ERP (SAP, Oracle)
- MRO
- aircraft teardown
- inventory impairment
- COGS
- cost allocation
- variance analysis
- stakeholder management
- financial analysis
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