Budgeting and Cost Control Expert

2 weeks ago


Riyadh, Ar Riyāḑ, Saudi Arabia Saudi Petroleum Services Polytechnic Full time

Job Title: Budgeting and Cost Control Expert

Location: Saudi Arabia

Experience: 4-5 Years

Salary: Salary Based on Experience and Performance

About the Position

  • We are seeking a highly skilled Budgeting and Cost Control Expert to join our team at Saudi Petroleum Services Polytechnic. As a Budgeting and Cost Control Expert, you will play a vital role in analyzing and managing cost data to help control and reduce costs in the organization.
  • Your main responsibility will be to prepare and maintain detailed cost reports to assess the cost structure of the business.
  • You will conduct cost analysis for various departments to identify opportunities for cost reduction.
  • In addition, you will review and analyze financial statements, budgets, and other related financial documents.
  • Maintaining accurate records of inventory, production costs, and other related expenses is an essential part of this role.
  • You will assist in preparing budgets and forecasts by analyzing historical data and trends.
  • Ensuring that all costs are recorded and reported according to accounting standards is a critical aspect of this position.
  • Liaising with other departments (such as production, procurement, and finance) to gather necessary cost information is also required.
  • Conducting periodic audits to ensure cost allocation and cost control procedures are being followed is an important duty.
  • You will provide recommendations on pricing, cost reductions, and profit maximization strategies.

Essential Requirements

  • Bachelor's degree in Accounting, Finance, or related field
  • Minimum of 4-5 years of experience in cost accounting or management accounting
  • Professional certification (e.g., CMA, CIMA) is a plus


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