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knowledge analyst - operations & procurement

senior cost manager

cost analyst

Qiddiya Investment Company

<div>The Senior Analyst &ndash; Commercial &amp; Reporting supports the financial and commercial management of major construction and infrastructure projects by administering accurate, timely, and standardized reporting. This role is responsible for compiling financial data, conducting variance analysis, and supporting cost control and forecasting activities under the guidance of the Associate Director &ndash; Commercial &amp; Reporting.<h3 class="jobSectionHeader">
Essential Duties and Responsibilities</h3><ul>
<li>Champions QIC's &quot;Safety First&quot; value, specifically confident in enacting &lsquo;Stop Work&rsquo; authority, and engaging in relevant health, safety, and wellbeing standards and behaviors.
</li><li>Demonstrates appropriate team behaviors in line with Qiddiya Values.
</li><li>Motivates and supports a high-performance culture through clear direction, continuous feedback, recognition and reward of exceptional performance, and by fostering an environment of collaboration, innovation, and accountability.
</li><li>Administers robust budget management and cost control reporting for large-scale transport infrastructure projects.
</li><li>Ensures compliance with all legal and regulatory requirements related to commercial activities.
</li><li>Supports commercial and financial management and reporting, collaborating closely with managers to define objectives, track progress, and achieve targeted business outcomes.
</li><li>Identifies trends and risks related to cash flow forecasting against cash expenditure targets.
</li><li>Coordinates closely with the Project Controls function to implement effective reporting systems for budget, cost, reporting, risk, and change management.
</li><li>Supports continuous improvement initiatives through recommendations, updates, and enhancements to team activities, policies, and procedures.
</li><li>Administers budgeting and forecasting processes and monthly reporting of the project&rsquo;s financial performance.
</li><li>Supports the preparation and monitoring of project budgets, cost forecasts, and cash flows, ensuring alignment with financial objectives and constraints.
</li><li>Supports the commercial team in contract administration, including tracking financial obligations and milestones.
</li><li>Assists with the implementation of policies, software, and processes.
</li><li>Conducts detailed cost analysis and financial forecasting to identify potential risks and opportunities.
</li><li>Administers consistent and standardized reporting practices and systems; maintains and updates financial models, dashboards, and reporting tools to ensure data accuracy and consistency.
</li><li>Prepares and administers comprehensive financial reports, including variance analysis, for senior management and stakeholders.
</li><li>Collaborates with project managers and other departments to ensure accurate and timely financial reporting.
</li><li>Administers and maintains financial controls and procedures to ensure compliance with company policies and regulatory requirements.
</li><li>Supports the development and enhancement of reporting tools and systems to improve data accuracy and accessibility.
</li><li>Ensures effective communication and coordination with internal and external stakeholders.
</li><li>Maintains organized records and documentation to support audits and internal reviews.</li>
</ul>
Requirements<div>
Qualifications 
<ul><li>Bachelor&rsquo;s degree in Finance, Accounting, Economics, Engineering, or a related field.</li></ul></div><div>
Professional Certifications (if required) 
<ul><li>Progress toward CPA, CFA, or equivalent is an advantage but not essential.</li></ul></div><div>
Years of Experience 
<ul><li>2&ndash;4 years of experience in financial analysis, reporting, or commercial support, preferably in the construction or infrastructure sector.</li><li>Commercial construction delivery experience &ndash; ideally within a Contractor environment &ndash; with experience administering budgets and cost reporting.</li><li>Major program experience working as part of a team, managing multiple projects, conflicting priorities, and stakeholders.</li><li>Demonstrated evidence of developing and administering reporting tools and reporting systems.</li><li>Previous KSA / Middle East experience preferred, particularly in reporting for major projects in highly regulated, complex, and matrixed environments.</li><li>Experience supporting budgeting and cost management, cash flow forecasting, and reporting activities.</li><li>Strong written and verbal communication skills in English &ndash; able to articulate ideas and project performance to a wide range of audiences, including senior management.</li><li>In-depth knowledge of enterprise-level management software such as PRISM, SAP, or similar systems.</li><li>Ability to work independently, set clear goals, motivate teammates, and deliver results effectively.</li></ul></div></div>

Senior Analyst - Commercial & Reporting - CDUP2060 (CDU911)

Apparel Group

<div>
 
 Job Description
 
 
 
 The 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 RESPONSIBILITY
 
 
 
 <ul>
 <li>
 Cost Monitoring &amp; Control:
 </li>
 <li>
 Track, monitor, and control company expenses to ensure adherence to approved budgets.
 </li>
 <li>
 Analyze cost structures and identify areas for cost reduction and efficiency improvements.
 </li>
 <li>
 Implement cost-control measures to enhance operational and financial performance.
 </li>
 <li>
 Budgeting &amp; Forecasting:
 </li>
 <li>
 Assist in the preparation of annual budgets and periodic financial forecasts.
 </li>
 <li>
 Conduct detailed cost analysis to support budgeting and business planning.
 </li>
 <li>
 Work with various departments to establish and maintain budgetary control mechanisms.
 </li>
 <li>
 Variance Analysis &amp; Reporting:
 </li>
 <li>
 Conduct variance analysis by comparing actual costs with budgeted figures and identifying discrepancies.
 </li>
 <li>
 Prepare reports on cost deviations, trends, and recommendations for corrective actions.
 </li>
 <li>
 Provide insights to senior management on cost-related risks and opportunities.
 </li>
 <li>
 Cost Allocation &amp; Process Improvement:
 </li>
 <li>
 Ensure proper cost allocation across business units, brands, and operational segments.
 </li>
 <li>
 Collaborate with procurement, supply chain, and operations teams to optimize cost efficiency.
 </li>
 <li>
 Develop and implement best practices for cost control and financial reporting.
 </li>
 <li>
 Compliance &amp; Risk Management:
 </li>
 <li>
 Ensure compliance with company policies, financial regulations, and audit requirements.
 </li>
 <li>
 Monitor financial transactions to prevent fraud, wastage, and misallocation of funds.
 </li>
 <li>
 Assist in internal and external audits by providing necessary cost data and reports.
 </li>
 <li>
 MIS Reporting &amp; Decision Support:
 </li>
 <li>
 Prepare and present cost reports, profitability analysis, and financial dashboards.
 </li>
 <li>
 Support decision-making by providing accurate cost data and scenario analysis.
 </li>
 <li>
 Utilize ERP systems and data analytics tools to enhance cost reporting and transparency.
 
 
 </li>
 </ul>
 
 Desired Experience
 
 
 
 The ideal Cost Controller should have 5+ years of experience in cost control, financial analysis, or management accounting with strong analytical and problem-solving skills with attention to detail. Proficiency in financial software and ERP systems (SAP, Oracle, etc.) is preferred.
 
 
 
 KEY RELATIONSHIPS
 
 
 
 Account &ndash; Manager, Chief Accountant, Key Accounts Manager, Senior Accountant, Executives, etc.
</div>

Cost Controller

Ban.Co

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. &nbsp;Key Responsibilities:<ol><li>Prepare and analyze actual cost reports and compare them with standard or budgeted costs.</li><li>Monitor material movements and inventory to determine the cost of materials used in production.</li><li>Record operating expenses and allocate them accurately to the appropriate cost centers.</li><li>Prepare monthly cost reports, analyze variances, and provide recommendations for corrective actions.</li><li>Participate in preparing and monitoring the company’s annual budgets.</li><li>Review and post cost-related journal entries to ensure accuracy and compliance with company policies.</li><li>Coordinate with production, purchasing, and warehouse departments to verify cost data accuracy.</li><li>Assist in developing cost accounting systems and improving internal control procedures.</li><li>Prepare periodic reports for management on production costs, profitability, and cost trends.</li></ol>&nbsp;

Cost Account

Public Investment Fund (PIF)

<div>
 
 PIF is seeking a candidate to join Local Real Estate Investments team to advise on the provision of cost estimation services related to Local Real Estate (LRE) Investments&rsquo; projects and consolidating a database of costs across Development Companies (DevCos), while facilitating adherence to respective policies, procedures, and best practices and providing cost optimization levers to reduce costs across the portfolio.
 
 
 
 
 
 
 Specialized Accountabilities
 
 
 
 
 
 <ul>
 <li>
 Recommend and maintain &lsquo;Tender Price Index&rsquo;, &lsquo;Building Material Cost Index&rsquo;, &lsquo;Material Prices Databases&rsquo; and &lsquo;Construction Price Index&rsquo; for alignment with construction market.
 </li>
 <li>
 Assess in building CAPEX assumptions and benchmarks at projects&rsquo; kick off stages.
 </li>
 <li>
 Advise on the preparation of budgets, estimates and cost plans at all stages of the DMO and monitor budgets and expenditures to ensure they align with the approved cost estimates.
 </li>
 <li>
 Suggest development costs and corporate operating expenses (OPEX) and advise on strategies to optimize project costs.
 </li>
 <li>
 Advise on the value management process, provide cost studies and advice on cost effective design solutions including synergistic opportunities.
 </li>
 <li>
 Assess the RFP&rsquo;s and proposals and review construction tenders/bid analyses and associated Bills of Quantity (BoQs)
 </li>
 <li>
 Recommend and share the best practices in cost management, budgeting, and forecasting to ensure financial viability and efficiency across projects.
 </li>
 <li>
 Conduct comprehensive analysis on data from various sources to create a comprehensive construction cost database, supporting accurate and competitive cost estimations.
 </li>
 <li>
 Provide tracked actual expenditures against budgeted amounts, identifying variances and recommending corrective actions to manage project finances effectively.
 </li>
 <li>
 Recommend future costs based on current spending patterns and project progress, aiding in long-term financial planning and cost control.
 </li>
 <li>
 Propose a database of cost optimization levers, conducting detailed assessments to identify and implement cost-saving opportunities across projects.
 </li>
 </ul>
 
 Propose the value management process, provide cost studies and advice on cost effective design solutions including synergistic opportunities.
 
 
 
 
 
 
 Common Accountabilities
 
 
 
 
 
 <ul>
 <li>
 Contribute to the development and successful implementation of the organizational strategy, by providing expert level advise to the concerned stakeholders enabling them to make informed decisions.
 </li>
 <li>
 Provide inputs and insights related to operational excellence improvement initiatives and propose improvements on systems, processes and practices related to the area of expertise, taking into account international leading practices, in order to continuously enhance the organizational effectiveness and business performance.
 </li>
 <li>
 Contribute to the development of policies, systems, processes, procedures and controls within the area of expertise or propose relevant enhancements as needed, ensuring alignment and adherence to any relevant compliance, risk, audit, cybersecurity and regulatory requirements.
 </li>
 </ul>
 
 
 
 
 
 Qualifications / Years of Experience
 
 
 
 
 
 <ul>
 <li>
 Minimum: Bachelors in Finance, Business Administration, Engineering, or any other relevant discipline
 </li>
 <li>
 8 years of experience in a relevant field (or 3 years for postgraduates)
 </li>
 <li>
 Any relevant certification such as Certified Cost Professional (CCP), or Project Management Professional (PMP), etc.
 </li>
 </ul>
 
 
 
 
 
 Personal Competencies
 
 
 
 
 
 <ul>
 <li>
 Good communication skills (written and oral) with the ability to convince the stakeholders.
 </li>
 <li>
 Ability to establish credibility with stakeholders.
 </li>
 <li>
 Ability to adapt to rapidly changing business needs.
 </li>
 <li>
 Strong organizational/project management skills, the ability to manage and achieve multiple deadlines.
 </li>
 <li>
 Ability to motivate, guide, and inspire others to achieve common goals and vision.
 </li>
 </ul>
</div>

Cost Estimation Professional

Crowne Plaza Hotel

<div>Key Responsibilities:

Monitor and manage costs related to projects and business operations.

Track expenditures and compare actual costs to budgets and forecasts.

Generate regular cost reports and dashboards for management review.

Analyze cost variances and identify areas for cost optimization.

Assist in developing project budgets and revising forecasts as needed.

Validate supplier and contractor invoices against budgets and contracts.

Work with procurement and finance teams to ensure timely and accurate financial reporting.

Maintain and improve cost control systems, tools, and procedures.

Participate in audits and support compliance with financial regulations.

Contribute to risk management by identifying potential cost overruns and recommending corrective actions.
Qualifications &amp; Skills:

Bachelor&rsquo;s degree in Finance, Accounting, or a related field.

2+ years of experience in cost control, financial analysis, or project accounting.

Proficiency in Microsoft Excel and financial software (e.g., SAP, Oracle, Primavera).

Strong analytical and numerical skills.

Excellent attention to detail and organizational abilities.

Good communication and interpersonal skills.

Ability to work under pressure and meet deadlines.

Experience in a project-based industry (construction, oil &amp; gas, manufacturing, etc.) is a plus.
Preferred Attributes:

Strong business acumen and problem-solving mindset.

Proactive, results-driven, and committed to continuous improvement.

Able to work independently and collaboratively in cross-functional teams.
Don't quite meet every single requirement, but still believe you'd be a great fit for the job? We'll never know unless you hit the 'Apply' button. Start your journey with us today.</div>

Cost Controls Executive

MIDDLE EAST SPECIALIZED CABLES

Job PurposeTo lead and manage all costing activities within the company, ensuring accurate and timely calculation of product costs, variance analysis, and cost control processes. The Senior Costing Section Head will play a critical role in supporting management decision-making by providing detailed cost insights, improving cost efficiency, and ensuring alignment with corporate financial goals.Key Responsibilities1. Costing Management<ul><li>Oversee and manage all product costing activities across the manufacturing operations (cables, wires, and related products).</li><li>Ensure accurate standard cost setting and periodic updates in coordination with production, procurement, and finance.</li><li>Analyze material, labor, and overhead costs, identifying variances and their root causes.</li><li>Maintain and enhance the cost accounting system to ensure data accuracy and reliability.</li></ul>2. Budgeting &amp; Forecasting<ul><li>Support the budgeting process by providing detailed cost estimates and analysis.</li><li>Monitor actual vs. budget performance and recommend corrective actions.</li><li>Participate in quarterly and annual forecasting activities related to manufacturing costs.</li></ul>3. Cost Control &amp; Process Improvement<ul><li>Develop and implement cost control initiatives to enhance profitability.</li><li>Review production efficiency and recommend cost-saving opportunities.</li><li>Drive process improvements in costing, reporting, and data management.</li></ul>4. Financial Analysis &amp; Reporting<ul><li>Prepare detailed costing reports for management, including variance analysis and trend insights.</li><li>Collaborate with internal auditors and external auditors on cost-related matters.</li><li>Ensure compliance with company policies, accounting standards, and internal control requirements.</li></ul>5. Team Leadership &amp; Development<ul><li>Lead, coach, and develop the costing team to improve performance and technical expertise.</li><li>Foster collaboration between costing, finance, and production departments to ensure effective communication and alignment.</li></ul>Qualifications &amp; Requirements<ul><li>Education: Bachelor&rsquo;s degree in Accounting, Finance, or Industrial Engineering. (Master&rsquo;s or CPA/CMA certification preferred.)</li><li>Experience: Minimum 8&ndash;12 years of relevant experience in cost accounting or manufacturing finance, preferably within the cable or industrial manufacturing sector.</li><li>Technical Skills:</li><li>Strong knowledge of cost accounting principles, standard costing, and variance analysis.</li><li>Experience with ERP systems (e.g., SAP, Oracle, or similar).</li><li>Proficiency in Excel and financial analysis tools.</li><li>Soft Skills:</li><li>Excellent analytical, communication, and leadership skills.</li><li>High attention to detail and accuracy.</li><li>Ability to work under pressure and meet strict deadlines.</li></ul>Key Performance Indicators (KPIs)<ul><li>Accuracy of standard costing and variance analysis.</li><li>Timeliness and quality of cost reports.</li><li>Cost reduction initiatives implemented and savings achieved.</li><li>Improvement in cost efficiency and margin performance.</li><li>Staff performance and development outcomes.</li></ul>Job Type: Full-time

Sr. Costing Section Head

<div>Position Overview
Qiddiya Investment Company is seeking a strategic and experienced Senior Director / Director of Cost Planning (CDU5 20004897) to lead our cost planning efforts for major projects. In this key role, you will be responsible for developing and implementing cost management strategies that align with our ambitious development goals, ensuring optimal resource allocation and financial performance across all initiatives.
Key Responsibilities<ul>
<li>Lead the development and execution of comprehensive cost planning and budgeting processes for projects, ensuring alignment with corporate objectives.</li>
<li>Collaborate with project teams to provide accurate cost estimates, forecasts, and financial analyses that guide decision-making throughout project lifecycles.</li>
<li>Oversee the cost management function, including monitoring and controlling project budgets, cash flow, and resource allocations.</li>
<li>Develop and maintain strong relationships with key stakeholders, ensuring effective communication and collaboration across departments.</li>
<li>Drive best practices and continuous improvement initiatives within the Cost Planning Team to enhance efficiency and effectiveness.</li>
<li>Represent the company in engagements with external partners, consultants, and regulatory bodies as needed.</li>
<li>Provide leadership and mentorship to team members, fostering a culture of accountability and professional growth.</li>
<li>Analyze market trends and competitive benchmarks to inform cost strategies and improve project outcomes.</li>
</ul>
Requirements
Qualifications<ul>
<li>Bachelor's degree in Finance, Engineering, Quantity Surveying, or a related field (Master's preferred).</li>
<li>15+ years of experience in cost planning, financial management, or related roles within large-scale construction or infrastructure projects.</li>
<li>Proven track record in leading cost planning teams and managing complex financial processes.</li>
<li>Deep understanding of cost estimation, budgeting, financial forecasting, and project controls methodologies.</li>
<li>Strong analytical and problem-solving skills with the ability to translate complex data into actionable strategies.</li>
<li>Excellent communication, negotiation, and interpersonal skills to foster collaborative relationships.</li>
<li>Proficient in relevant software applications and financial modeling tools.</li>
<li>Relevant certifications such as Certified Quantity Surveyor (CQS) or Project Management Professional (PMP) are a plus.</li>
</ul>
Benefits<ul><li>Competitive salary and comprehensive benefits package.</li><li>Opportunities for professional development and growth.
</li><li>Collaborative and innovative work environment.</li></ul></div>

Senior Director - Cost Planning - 20004897 CDU5

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