cost controller

Food Services Co.

<ul><li>Job Title:</li></ul>Cost ControllerRole:The Cost Controller is responsible for monitoring and controlling costs within an organization, analyzing financial data, identifying cost-saving opportunities, and ensuring adherence to budgetary guidelines.Responsibilities:&middot; Develop and implement cost control strategies, policies, and procedures to manage and optimize expenses across the organization.&middot; Monitor and analyze financial data, including budgets, forecasts, and actual expenses, identifying variances, trends, and areas of concern, and providing insights to senior management.&middot; Prepare and present financial reports, dashboards, and performance metrics to track and communicate cost control efforts, highlighting opportunities for improvement and areas of risk.&middot; Coordinate with department heads and project managers to establish budgetary guidelines, allocate funds, and monitor spending against approved budgets and forecasts.&middot; Conduct regular budget reviews and variance analyses, identifying discrepancies, root causes, and corrective actions to ensure budget compliance and cost containment.&middot; Implement cost-saving initiatives and efficiency improvements, such as process automation, vendor negotiations, and inventory management strategies, to reduce expenses and improve profitability.&middot; Collaborate with procurement, operations, and finance teams to streamline processes, standardize procedures, and optimize resource allocation to minimize waste and maximize value.&middot; Ensure compliance with financial policies, procedures, and regulations, including internal controls, audit requirements, and accounting standards, to maintain financial integrity and transparency.&middot; Develop and maintain relationships with key stakeholders, such as department heads, finance managers, and external auditors, fostering collaboration and alignment on cost control objectives and initiatives.&middot; Stay updated on industry trends, economic conditions, and best practices in cost control and financial management, continuously learning and adapting strategies to remain competitive and innovative.KPIs:&middot; Recipe review and cost parameter adjustments&middot; Demand planning vs budget&middot; Cost savings achieved&middot; Budget variance (actual vs. budgeted)&middot; Cost per unit or cost per project&middot; Return on investment (ROI) for cost-saving initiatives&middot; Inventory turnover ratio&middot; Procurement cost savings&middot; Operating expense ratio&middot; Gross margin percentage&middot; Net profit marginEmployee satisfaction and engagement in cost control effortJob Type: Full-timePay: ﷼6,000.00 - ﷼7,000.00 per monthAbility to commute/relocate:<ul><li>Jeddah: Reliably commute or planning to relocate before starting work (Preferred)</li></ul>Work Location: In person

Cost controller

Borr Drilling

<div><div>Role Summary</div><div></div>
The Rig Cost Controller will be responsible for various financial tasks and analyses in relation to Rigs / Offices Profit centres and Legal entities for the whole region. In addition to local audit, tax, and budget preparation. Applying the accounting principles to prepare and analyse financial information for the assigned rigs and offices. Ensure compliance with the company&rsquo;s policies and procedures and related internal controls.<div></div><div>
Responsibilities</div><ul><li>
Understand Borr&rsquo;s vision and apply the company values in all business activities.</li><li>
Monitor and manage compliance with accounting policies and controls within the region, including compliance with internal controls and associated documentation requirements.</li><li>
Preparation of Customer Invoices, including all supporting documents and uploading to Customer Portal, and booking in IFS system.</li><li>
Following up with customers on AR invoices status, expected payment dates, and updating the weekly AR Report.</li><li>
Prepare the month-end accruals and amortization schedules</li><li>
Preparing and reviewing Balance Sheet Reconciliation and supporting documents/schedules. Plus following up on the reconciling differences to be cleared on time.</li><li>
Preparation of Bank Reconciliations for the Region and ensuring all reconciling differences are booked in IFS on time.</li><li>
Assist the Finance Manager during monthly and quarterly accounting closes to ensure all accounting entries are entered accurately and timely.</li><li>
Assist the Finance Manager to report and explain cost variances versus budget.</li><li>
Assist the Finance Manager in preparing the monthly reporting requirements for the region.</li><li>
Review the WHT, VAT returns submitted by AP Team.</li><li>
Review the IKTVA submissions.</li><li>
Preparing the monthly Bareboat charter invoices and supporting documents.</li><li>
Perform analysis to understand cost trends and provide analysis to management to assist with decision-making.</li><li>
Assist with forecast and annual budget preparation.</li><li>
Oversees the efficient resolution of all intercompany differences throughout the close. And ensure intercompany balances are settled in a timely manner.</li><li>
Run Balance Sheet Revaluation for the Legal Entities in the Region.</li><li>
Coordinates regional internal and external audits and works with Cost Controllers and Accountants in the region to meet reporting deadlines.</li><li>
Assist with regional tax compliance and work closely with the Corporate Tax team to ensure compliance with tax reporting deadlines.</li><li>
Provide support and information to other departments when requested/required to ensure accurate financial records (e.g., Supply Chain, HR, IT, Operations, Shipyard Projects).</li><li>
Provide cost control and accounting support for shipyard projects and rig reactivations.</li><li>
Monitor Authorization for Expenditure (&ldquo;AFE&rdquo;) compliance in the region, and ensure accounting classification is in line with group accounting policies.</li><li>
Assist with ad-hoc projects and other tasks as required.</li><li>
Communicates internally with Cost Controller, Finance Manager, Financial Controller, Rig Managers, Heads of Departments, Co-workers, and Colleagues.</li><li>
Communicates externally with customers and vendors to ensure all transactions are recorded and there are no open issues.</li><li>
Provides assistance to the Rig Manager and other functional departments with respect to their department cost.</li><li>
Ensure proper control and verification of all transaction and the recording of the same correctly.</li><li>
If required, supervise accounts payable function</li><li>
Office based role which requires attention to detail and data management working under general supervision and where problems can be difficult but not complex.</li><li>
Occasional offshore/shipyard visits may be required in this role.</li></ul><div></div><div>
Qualifications and Experience</div><ul><li>
Bachelor&rsquo;s Degree in Accounting /Finance or other relevant discipline at the Company&rsquo;s discretion,</li><li>
Excellent Microsoft Excel knowledge.</li><li>
Excellent Microsoft Power BI knowledge.</li><li>
CA/ACCA/CPA/CIMA/CMA completed or part-qualified preferred.</li></ul><div></div><div>
Experience</div><ul><li>
Previous accounting experience in the International Offshore Drilling Industry. Prefer experience in similar role within the offshore drilling related environment.</li><li>
Strong communication skills, both verbal and written; fluency in English required.</li><li>
Advanced MS Excel working knowledge and ERP experience preferred</li><li>
Ability to handle multiple tasks concurrently and to follow up on all tasks to completion.</li><li>
Proficient problem-solving skills: demonstrate ability to evaluate problems from differing viewpoints and recognize potential root cause of problems and suggest possible solutions.</li><li>
Be approachable and maintain open and transparent communication with Team, Internal and External stakeholders, and management team.</li><li>
Develop good working relationships with Divisional and Corporate colleagues and external stakeholders, as required.</li><li>
Represent the Company in a professional manner both on and off the job to include confidentiality of Company and Client business</li></ul></div>

Rig Cost Controller

Egis Group

<div>Company Description 
10 Design, part of Egis Group, is an international architecture and master planning practice with offices in Hong Kong, Shanghai, Edinburgh, Dubai, Miami, London, Shenzhen, Singapore, and San Francisco.
Founded in 2010, the practice has won over 80 international awards and major design competitions. Our diverse and creative team with 380 architects and designers from 35 nationalities has designed and delivered work in 60 cities across Asia, the Middle East, Europe, and Americas.
10 Design works at diverse scales, from the design of individual buildings to the planning of cities. The practice focuses on bringing innovative design solutions for multicultural projects, with economic and social integrity. Its works include transport-oriented developments as well as mixed-use, retail, hospitality, residential, research and science, and civic and cultural projects.
10 Design's parent company, Egis is a global leader in the consulting, construction engineering, and mobility service sectors. With a worldwide reputation for excellence and sustainability, Egis and 10 Design together provide a compelling offer that encompasses building engineering services and architectural design. 
Job Description 
We are seeking a highly skilled and experienced Senior Cost Controller to join our team in Riyadh, Saudi Arabia. As a key member of our finance department, you will be responsible for overseeing cost control processes, ensuring accurate financial reporting, and providing valuable insights to support decision-making across the organization.<ul><li>
Develop and implement cost control systems and procedures to monitor project expenses and overall financial performance</li><li>
Prepare and analyze monthly, quarterly, and annual financial reports, including budget vs. actual comparisons and variance analyses</li><li>
Collaborate with project managers and department heads to develop accurate cost estimates and budgets for new projects</li><li>
Identify cost-saving opportunities and propose strategies to improve financial efficiency</li><li>
Conduct regular financial audits to ensure compliance with company policies and Saudi Arabian financial regulations</li><li>
Manage and mentor junior cost control staff, providing guidance and support as needed</li><li>
Participate in contract negotiations and financial risk assessments for new projects</li><li>
Develop and maintain financial models to forecast project costs and profitability</li><li>
Present financial data and recommendations to senior management in a clear and concise manner</li></ul> 

Qualifications 
<ul><li>
Bachelor's degree in Accounting, Finance, or related field; professional certification (e.g., CPA, CMA) preferred</li><li>
7-10 years of experience in cost control or related field, preferably in large-scale projects or the construction industry</li><li>
Advanced proficiency in Excel and experience with ERP systems (e.g., SAP, Oracle)</li><li>
Strong skills in financial modeling, cost analysis, forecasting, and budgeting</li><li>
Excellent project management abilities and attention to detail</li><li>
In-depth knowledge of Saudi Arabian financial regulations and reporting standards</li><li>
Familiarity with construction or engineering project costing</li><li>
Outstanding analytical and problem-solving skills</li><li>
Excellent communication and interpersonal skills, with the ability to interact effectively with all levels of management</li><li>
Proven ability to work in a fast-paced, deadline-driven environment</li><li>
Willingness to work in Riyadh, Saudi Arabia</li></ul></div>

Senior Cost Controller

Omada Rail Systems

<div><ul><li>Project Management
</li></ul><ul><li>Permanent Contract
</li></ul><ul><li>Mid-Senior Level
</li></ul><ul><li>Riyadh</li></ul></div>
 <div>About Us 
10 Design, part of Egis Group, is an international architecture and master planning practice with offices in Hong Kong, Shanghai, Edinburgh, Dubai, Miami, London, Shenzhen, Singapore, and San Francisco.
Founded in 2010, the practice has won over 80 international awards and major design competitions. Our diverse and creative team with 380 architects and designers from 35 nationalities has designed and delivered work in 60 cities across Asia, the Middle East, Europe, and Americas.
10 Design works at diverse scales, from the design of individual buildings to the planning of cities. The practice focuses on bringing innovative design solutions for multicultural projects, with economic and social integrity. Its works include transport-oriented developments as well as mixed-use, retail, hospitality, residential, research and science, and civic and cultural projects.
10 Design's parent company, Egis is a global leader in the consulting, construction engineering, and mobility service sectors. With a worldwide reputation for excellence and sustainability, Egis and 10 Design together provide a compelling offer that encompasses building engineering services and architectural design. 
About the Role 
We are seeking a highly skilled and experienced Senior Cost Controller to join our team in Riyadh, Saudi Arabia. As a key member of our finance department, you will be responsible for overseeing cost control processes, ensuring accurate financial reporting, and providing valuable insights to support decision-making across the organization.<ul><li>
Develop and implement cost control systems and procedures to monitor project expenses and overall financial performance</li><li>
Prepare and analyze monthly, quarterly, and annual financial reports, including budget vs. actual comparisons and variance analyses</li><li>
Collaborate with project managers and department heads to develop accurate cost estimates and budgets for new projects</li><li>
Identify cost-saving opportunities and propose strategies to improve financial efficiency</li><li>
Conduct regular financial audits to ensure compliance with company policies and Saudi Arabian financial regulations</li><li>
Manage and mentor junior cost control staff, providing guidance and support as needed</li><li>
Participate in contract negotiations and financial risk assessments for new projects</li><li>
Develop and maintain financial models to forecast project costs and profitability</li><li>
Present financial data and recommendations to senior management in a clear and concise manner</li></ul> 
What do we need from you 
<ul><li>
Bachelor's degree in Accounting, Finance, or related field; professional certification (e.g., CPA, CMA) preferred</li><li>
7-10 years of experience in cost control or related field, preferably in large-scale projects or the construction industry</li><li>
Advanced proficiency in Excel and experience with ERP systems (e.g., SAP, Oracle)</li><li>
Strong skills in financial modeling, cost analysis, forecasting, and budgeting</li><li>
Excellent project management abilities and attention to detail</li><li>
In-depth knowledge of Saudi Arabian financial regulations and reporting standards</li><li>
Familiarity with construction or engineering project costing</li><li>
Outstanding analytical and problem-solving skills</li><li>
Excellent communication and interpersonal skills, with the ability to interact effectively with all levels of management</li><li>
Proven ability to work in a fast-paced, deadline-driven environment</li><li>
Willingness to work in Riyadh, Saudi Arabia</li></ul></div>

Alkhorayef Water & Power Technologies (AWPT)

<div>
 
 
 Cost Accountant &ndash; Job Description
 
 
 
 
 Job Summary
 
 
 
 Detail-oriented Cost Accountant, 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 and profitability.
 
 
 
 Key Responsibilities
 
 
 <ul>
 <li>
 Collect, classify, and analyze cost information related to production, operations, and company activities.
 </li>
 <li>
 Prepare monthly and quarterly cost reports, including cost summaries, variances, and financial performance insights.
 </li>
 <li>
 Monitor cost centers and ensure accurate allocation of direct and indirect costs.
 </li>
 <li>
 Conduct variance analysis between actual and budgeted costs and provide corrective action recommendations.
 </li>
 <li>
 Support the development of annual budgets and financial forecasts based on historical data and operational needs.
 </li>
 <li>
 Assist in pricing decisions by calculating product/service costs and evaluating profitability margins.
 </li>
 <li>
 Review and reconcile inventory records, including raw materials, WIP, and finished goods.
 </li>
 <li>
 Coordinate with procurement, production, and finance departments to ensure cost accuracy and consistency.
 </li>
 <li>
 Participate in internal audits and ensure compliance with accounting policies and internal controls.
 </li>
 <li>
 Maintain financial documentation and support management with actionable cost-saving insights.
 </li>
 </ul>
 
 
 Key Achievements
 
 
 <ul>
 <li>
 Improved cost accuracy by implementing standardized cost allocation methods.
 </li>
 <li>
 Reduced operational expenses through identifying inefficiencies and recommending corrective measures.
 </li>
 <li>
 Enhanced monthly closing time by streamlining cost reporting procedures.
 </li>
 </ul>
 
 
 Skills &amp; Competencies
 
 
 <ul>
 <li>
 Cost Analysis &amp; Cost Control
 </li>
 <li>
 Budgeting &amp; Forecasting
 </li>
 <li>
 Standard Costing
 </li>
 <li>
 Variance Analysis
 </li>
 <li>
 Financial Reporting
 </li>
 <li>
 Inventory &amp; Stock Control
 </li>
 <li>
 ERP Systems (SAP / Oracle / Odoo)
 </li>
 <li>
 Advanced Excel (Pivot Tables, VLOOKUP, Power Query)
 </li>
 <li>
 Strong Analytical &amp; Problem-Solving Skills
 </li>
 <li>
 Accuracy &amp; Attention to Detail
 </li>
 </ul>
 
 
</div>

Cost Controller - Fresh Graduate

Raffles

<div>Company Description 
Raffles &amp; Fairmont the Red Sea, positioned in the kingdom's groundbreaking Red Sea Project, will provide visitors access to a nature-focused resort. with 361 room, eleven distinct dining concepts, including overwater restaurant with views of the Red Sea and the mangroves, and a Spa. The resort will be situated next to an 18-hole championship golf course, reflecting Fairmont's association as a world class golf destination. it will set new standards in sustainable development, positioned on 200km of untouched coastline, an archipelago of more than 90 unspoiled island, dormant volcanoes, rich marine habitat, and ancient archaeological sites. 
Job Description 
THE POSITION
To monitor and control all procedures that affect the receipt, issuance, general controls and sales of food and beverage in the hotel and to ensure that all control functions are established and enforced according to the company&rsquo;s policies and procedures.
KEY ROLES &amp; RESPONSIBILITIES<ul><li>Conduct month-end food and beverage inventories for Stores, &amp; doing spot checks for F&amp;B outlets, Spa &amp; Boutique as per policy.</li><li>Ensure that all merchandise are stored properly in locked storage areas and monitor security control of key for such areas</li><li>Ensure proper issuance for F&amp;B items from the Store</li><li>Establish and maintain a cost allocation transfer system for F&amp;B and accurately post all inter department transfer between the cost centers</li><li>Co-ordinate with purchasing team on pricing, purchasing issues, etc.</li><li>Create/update recipes (food, beverage, special costing) and link Micros to Material Controls to generate the monthly potential food and beverage cost of sales.</li><li>Prepare monthly F&amp;B cost report and month-end reconciliation reports</li><li>Prepare monthly Balance Sheet reconciliations.</li><li>Conduct regular spot checks on procedures for purchasing, receiving, storing, issuing.</li><li>Conduct regular spot checks for beverage par stocks for Stores and Outlets.</li><li>Check menu costing for Food &amp; Beverage and verify it with pricing policy.</li><li>Ensure store items are checked regularly on expiry and freshness.</li><li>Prepare Daily Flash Food Report.</li><li>Attend specific banquet function to have better control on stocks.</li><li>Reduce Spoilage by monitoring and using better stock movement.</li><li>Attend specific banquet function if necessary to spot check stocks.</li><li>Monitor all policy &amp; procedure to ensure compliancy.</li><li>Highlight any potential challenges or opportunities to improve profitability to management.</li><li>Conduct trainings for F&amp;B with the help of KIT (local Micros-Fidelio vendor).</li><li>Maintain a close working relationship with the Director of F&amp;B, Executive Chef and Purchasing Manager and make them aware of any potential problems or opportunities to improve the controls in their areas as they relate to F&amp;B.</li><li>Prepare any reports as requested by managemen.t</li><li>To perform any other duties that may be assigned from time to time by management.</li></ul> 
Qualifications 
PERSONAL ATTRIBUTES<ul><li>Must be willing to work a flexible schedule in order to accomplish all major responsibilities and tasks</li><li>Must be willing to accept assignments on as need basis, in order to promote teamwork.</li><li>Must have commitment to follow all local and corporate policies and procedures.</li><li>Must have a high degree of professional integrity and confidentiality, and work in a safe, prudent and organized manner.</li><li>Must be self-motivated and have a high degree of analytical ability.</li><li>Good written and verbal communication skills in English.</li><li>Must have analytical skills.</li><li>Must have strong interpersonal skills.</li><li>Must have ability to motivate employees.</li><li>Must have Leadership Skills.</li><li>Must be a Team player.</li><li>Must be highly responsible and able to take initiatives.</li></ul> 
QUALIFICATIONS<ul><li>Diploma/Degree in Hotel Management and/or Accounting or equivalent.</li></ul> 
EXPERIENCE<ul><li>Minimum of 2- 3 years experience in a similar capacity</li><li>Knowledge of Beverages (especially wine &amp; alcohol) and POS system</li></ul> 
Additional Information 
<ul><li>
Understanding of Ultra-Luxury guest expectations and brand alignment.</li><li>
experience in project coordination, scheduling, and document control during pre-Opening stages.</li><li>
Experience in pre-Opening is a must.</li><li>
A proactive, anticipatory approach with a strong sense of ownership and accountability.</li><li>
Impeccable grooming and personal presentation aligned with Luxury standards.</li></ul></div>

Cost Controller, Raffles The Red Sea

Danube Groups

We are seeking a skilled Quantity Surveyor with a strong background in construction or engineering projects. The candidate will be responsible for cost estimation, budget management, contract administration, and ensuring project costs align with financial objectives.Key Responsibilities:<ul><li>Cost Estimation &amp; Budgeting: Prepare detailed BOQs, cost estimates, and budgets for projects.</li><li>Tendering &amp; Procurement: Draft tender documents, analyze bids, and support contract negotiations.</li><li>Cost Monitoring: Track project expenditures, manage variations, and ensure cost control.</li><li>Contract Administration: Oversee contracts, prepare payment applications, and handle claims or disputes.</li><li>Reporting: Develop detailed cost reports, cash flow forecasts, and project financial updates.</li><li>Value Engineering: Identify opportunities for cost optimization without compromising quality.</li><li>Collaboration: Coordinate with project teams, vendors, and clients for smooth project execution.</li></ul>Qualifications:<ul><li>Education: Bachelor's in Quantity Surveying, Civil Engineering, or a related discipline.</li><li>Experience: Minimum 3&ndash;5 years of experience in quantity surveying, ideally in construction, engineering, or facility management projects.</li><li>Skills:</li><li>Proficiency in quantity surveying software (e.g., AutoCAD, CostX, or Primavera).</li><li>Advanced skills in MS Excel and report generation.</li><li>Strong knowledge of contractual laws and standards.</li><li>Excellent analytical and negotiation skills.</li><li>Certifications: RICS, MRICS, or equivalent professional memberships (preferred).</li></ul>Job Types: Full-time, PermanentPay: ﷼6,000.00 - ﷼8,000.00 per month

Quantity Surveyor

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608 cost controller jobs IN Saudi Arabia

Cost controller

Rig Cost Controller

Senior Cost Controller

Senior Cost Controller

Cost Controller - Fresh Graduate

Cost Controller, Raffles The Red Sea

Quantity Surveyor