Cost Accountant

1 week ago

Riyadh, Ar Riyāḑ, Saudi Arabia Faisal Abdullah Bin Saedan Investment & Real Estate Development Company Full time 30,000 - 45,000 per year

Cost Accountant – Construction Sector

Location:

Saudi Arabia

Position ID:

P-00231

Grade:

G-07

Department:

Finance

Reports to:

Chief Financial Officer

About the Role

We are seeking a qualified
Cost Accountant

to join our Finance department and provide critical support in managing and controlling project costs across our construction portfolio. This role involves close coordination with project management, procurement, and site teams to ensure accurate financial reporting, cost efficiency, and adherence to budgetary controls.

Key Responsibilities

Cost Planning & Estimation

  • Analyze project drawings and bill of quantities to prepare cost estimates.
  • Assist in developing budget forecasts for different phases of construction projects.

Cost Monitoring & Reporting

  • Track ongoing project costs and identify any deviations from the budget.
  • Generate detailed cost performance reports on a weekly and monthly basis.
  • Maintain cost center allocations in line with site activities.

Budget Control & Compliance

  • Ensure expenditures align with approved budgets and contractual terms.
  • Support monthly and annual financial closings by validating actual costs and outstanding commitments.

Cross-Department Collaboration

  • Collaborate with procurement, engineering, and site operations to gather cost-related data.
  • Participate in project review meetings and provide cost control insights to management.

Documentation & Audit Support

  • Maintain accurate cost documentation for audits and internal reviews.
  • Ensure compliance with internal controls, policies, and financial procedures.

Qualifications

  • Bachelor's degree in Accounting, Finance, or a related field.
  • Minimum 5 years of relevant experience in cost accounting within the construction industry.
  • Strong knowledge of project accounting and cost control methodologies.
  • Hands-on experience with ERP systems such as Microsoft Dynamics 365.
  • CMA certification is preferred.

Key Skills

  • Advanced proficiency in Microsoft Excel and financial modeling.
  • Strong analytical and problem-solving abilities.
  • High level of accuracy and attention to detail.
  • Effective communication and teamwork across departments.
  • Strong organizational and time management skills.

Why Join Us

You will be part of a dynamic team contributing to high-impact construction projects across the Kingdom. Our organization fosters professional development and values individuals who bring analytical insight and financial discipline to project execution.

To apply

, please submit your updated CV

  • Cost Accountant

    4 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia alfanar Full time $42,000 - $72,000 per year

    . Job Purpose This position exists to oversee and analyze cost expenditures and purchases efficiently, in timely manner and quality standards as per thedefined policies and procedures to achieve departmental operational plans and developments within widerscope. Key Accountability Areas Actual Costing:Monthly Coordination with production to finalize all...

  • Cost Accountant

    2 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia alfanar Full time

    Job description:Job PurposeThis position exists to oversee and analyze cost expenditures and purchases efficiently, in timely manner and quality standards as per thedefined policies and procedures to achieve departmental operational plans and developments within widerscope.Key Accountability AreasActual Costing:Monthly Coordination with production to...

  • Cost Account

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Qureos Inc Full time 12,000 - 24,000 per year

    Description:To record, analyze, and allocate all costs related to production or services in order to determine the actual cost of products or projects, support decision-making, and improve operational efficiency by controlling and reducing expenses. Key Responsibilities:Prepare and analyze actual cost reports and compare them with standard or budgeted...

  • Senior Cost Accountant

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Alfanar Projects Full time $80,000 - $120,000 per year

    Role SummaryThe Cost Accountant will be responsible for managing and analysing cost information to support strategic decision-making, improve cost efficiency, and strengthen financial controls. The role requires strong hands-on experience withSAP (CO, FI, MM modules)and advanced skills inPower BIfor data visualization and reporting.Key Responsibilities1....

  • Supervisor Cost Accountant

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Shoghlana Full time

    Company DescriptionShoaghlana redefines recruitment by bridging the gap between top talent and businesses through an innovative online platform. Our mission is to simplify hiring by offering detailed candidate profiles, empowering companies to find the perfect match quickly and efficiently. We provide employers access to a diverse pool of pre-screened...

  • Cost Accounting Supervisor

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Golden Chicken Farms Co. شركة الفروج الذهبي Full time 40,000 - 80,000 per year

    · Plan study and collect data to determine the cost of business by cost element, activity, product, geography, etc.· Analyse data obtained and record results as per preset procedures.· Analyse actual costs and prepare periodic reports comparing standard costs to actual costs.· Analyse changes in product design, raw materials, manufacturing methods, or...

  • Cost Controller

    4 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Apparel Group Full time 120,000 - 180,000 per year

    DescriptionThe Cost Controller is responsible for monitoring, analyzing, and managing costs to ensure financial efficiency and profitability. This role plays a crucial part in budgeting, forecasting, cost allocation, and variance analysis to support strategic decision-making and optimize business operations within the retail group. KEY RESPONSIBILITY1. Cost...

  • Cost Controller

    2 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Apparel Group Full time

    Job DescriptionThe Cost Controller is responsible for monitoring, analyzing, and managing costs to ensure financial efficiency and profitability. This role plays a crucial part in budgeting, forecasting, cost allocation, and variance analysis to support strategic decision-making and optimize business operations within the retail group.KEY RESPONSIBILITYCost...

  • Cost Controller

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia PlaceUp Full time 40,000 - 80,000 per year

    Role OverviewWe are seeking a detail-oriented and analytical Cost Controller to manage cost accounting, budgeting, and variance analysis across our FMCG operations. The ideal candidate will have a strong understanding of production costing, supply chain finance, and margin analysis to support management in decision-making and cost...

  • Cost Controller

    2 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Alkhorayef Water & Power Technologies (AWPT) Full time

    Cost Accountant – Job DescriptionJob SummaryDetail-oriented Cost Accountant with 3 years of experience in analyzing financial data, preparing cost reports, developing cost-control systems, and supporting strategic decision-making. Skilled in cost allocation, budgeting, variance analysis, and improving financial accuracy to enhance operational efficiency...