Cost Accountant

Location: Saudi Arabia

Position ID: P-00231

Grade: G-07

Department: Finance

Reports to: Chief Financial Officer

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.

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.

• 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.

• 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.

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