Specialist Cost Controller - Lahore Office

Job description:

Job Summary

We are seeking a detail-oriented Cost Controller Specialist with a strong finance background to support project financial performance, cost monitoring, and reporting. The role requires hands-on experience in SAP S/4HANA , Power BI , and Local Content (IKTVA or similar frameworks) , with a focus on project finance and cost optimization.

Key Responsibilities

1. Cost Control & Monitoring

• Monitor project costs against budget and forecast.
• Analyze cost variances and provide actionable insights.
• Ensure proper cost allocation across projects, cost centers, and WBS elements.
• Support monthly closing activities and cost accruals.

2. Project Finance Support

• Work closely with project teams to track financial performance.
• Prepare project financial reports including profitability, cash flow, and cost forecasts.
• Support revenue recognition and ensure alignment with project progress.

3. SAP S/4HANA Operations

• Utilize SAP S/4HANA for cost tracking, reporting, and financial analysis.
• Ensure accurate posting of costs and validation of financial transactions.
• Support enhancements and automation initiatives within SAP.

4. Power BI & Reporting

• Develop and maintain dashboards for cost control and project performance.
• Automate reporting processes and provide real-time insights.
• Deliver management reports with clear KPIs and trends.

5. Local Content Compliance

• Monitor and report Local Content metrics (e.g., IKTVA or similar).
• Ensure compliance with regulatory and contractual Local Content requirements.
• Coordinate with procurement and project teams to improve Local Content scores.

6. Budgeting & Forecasting

• Assist in preparing project budgets and periodic forecasts.
• Update forecasts based on actual performance and project changes.
• Support scenario analysis and financial planning.

Qualifications & Requirements

Education

• Bachelor’s degree in Finance, Accounting, or related field (Mandatory)

Experience

• Minimum 3 years of experience in cost control, project finance, or financial analysis
• Experience in engineering, construction, or industrial projects is preferred 

Technical Skills

• Strong experience in SAP S/4HANA
• Advanced proficiency in Power BI (dashboarding, data modeling)
• Solid knowledge of project finance and cost control principles
• Experience in Local Content programs (e.g., IKTVA)

Profile description:

Alfanar is a Saudi company with an international presence, primarily engaged in the manufacturing and trading of a wide variety of low, medium, and high voltage electrical products, in addition to its portfolio of conventional and renewable energy solutions, oil and gas, water treatment, infrastructure, technical services, and digital solutions.

The hub of alfanar’s manufacturing operations is Medinet alfanar Alsinaiya, a 700,000 square-meter complex located in Riyadh. The complex houses an array of ultra-modern manufacturing facilities and laboratories equipped with state-of-the-art technologies and staffed with highly skilled professionals.

alfanar derives its success from its commitment to providing the highest quality standards to its customers, and the continuous development of its human capital, who alfanar considers its most valuable asset. With this in mind, alfanar promotes a proactive work environment where its employees are always valued, nurtured, and empowered to fuel their pride in being part of alfanar.

For more information about alfanar, please visit alfanar.com

We offer:

• Competitive salary package & other fringe benefits
• Learning & career development opportunity
• Inclusive work environment