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Cost Accountant

Riyadh, Saudi Arabia

Cost Accountant

Riyadh, Saudi Arabia
posted 21 minutes ago
6Applicants for2 open positions
  • 0Viewed
  • 0In Consideration
  • 0Not Selected

Job Details

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Job Description

  • Prepare, analyze, and report on project cost data to ensure accurate budgeting and forecasting.
  • Monitor and control project expenditures, identifying variances and recommending corrective actions.
  • Collaborate with project managers, engineers, and procurement teams to gather and validate cost information.
  • Develop and maintain cost accounting systems and procedures for ongoing and new construction projects.
  • Conduct regular cost audits to ensure compliance with company policies and industry standards.
  • Prepare detailed cost reports and present findings to senior management for informed decision-making.
  • Assist in the preparation of financial statements and support external audits as required.
  • Evaluate supplier and subcontractor invoices for accuracy and alignment with project budgets.
  • Support tendering and bidding processes by providing accurate cost estimates and analysis.
  • Continuously seek opportunities to improve cost efficiency and optimize resource allocation.

Job Requirements

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • 5 to 7 years of proven experience in cost accounting, preferably within the Manufacturing industry.
  • Strong understanding of cost control principles and project accounting practices.
  •  Advanced Excel skills.
  • Excellent analytical and problem-solving abilities.
  • Strong attention to detail and organizational skills.
  • Effective communication and interpersonal skills to collaborate with cross-functional teams.
  • Ability to work independently and manage multiple priorities in a fast-paced environment.
  • Familiarity with relevant financial regulations and compliance standards.

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