Cost Accountant cum Procurement Executive

We are seeking an experienced and detail-oriented Cost Accountant cum Procurement Executive to manage cost accounting and procurement operations for construction/precast projects, ensuring accurate cost control, financial reporting, and efficient material procurement in line with company standards.

Job Responsibilities:

• Handle day-to-day cost accounting including material costing, job costing, and cost analysis; prepare periodic cost reports.
• Monitor project costs and maintain accurate records of purchases, inventory, and material consumption.
• Coordinate with project, production, and finance teams to ensure accurate cost tracking and reporting.
• Source suppliers, obtain quotations, compare prices, and negotiate for best procurement value.
• Prepare purchase orders and ensure timely procurement and delivery of materials as per project needs .
• Evaluate supplier performance and maintain an approved vendor database.
• Ensure cost efficiency in procurement while maintaining quality standards and delivery timelines.
• Support month-end closing, financial reporting, and audit requirements related to cost and procurement.

Requirements:

• Bachelor’s degree in Accounting, or Finance.
• 3–5 years of experience in cost accounting and procurement (precast/construction preferred).
• Strong knowledge of costing methods, job costing, inventory control, and ERP/accounting systems.
• Ability to monitor project-wise costs, prepare cost reports, and perform variance analysis.
• Experience in budget tracking, cost control, and cost reduction techniques
• Knowledge of procurement cycle including sourcing, RFQs, negotiation, and purchase order processing.
• Strong vendor management and supplier evaluation skills.
• Excellent analytical, reporting, and problem-solving skills.
• Ability to coordinate effectively with project, procurement, and finance teams.

Job Type: Full-time

Application Question(s):

• Expected Salary in AED

• Do you have relevant experience in cost accounting and procurement in the precast/construction industry?

Experience:

• cost accounting and procurement : 4 years (Required)

Work Location: In person