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Cost Accountant

Confidential Careers
Riyadh Region, KSA
Full-time
Entry
Onsite
Discovered 1 weeks ago
Cost AccountingProject AccountingCost AllocationReconciliationsVariance AnalysisFinancial Reporting

Full Job Posting

Role Overview

The employer is looking for a detail-oriented and analytical Costing Accountant to join its Finance team.

The successful candidate will support project and cost accounting activities, ensuring accurate cost allocation, project cost tracking, reconciliations, variance analysis, and reliable financial reporting across multiple projects and business units.

Key Responsibilities

  • Record, monitor, and reconcile project-related costs across projects and cost centers.
  • Ensure accurate cost classification and allocation.
  • Prepare project cost reports and perform variance analysis against budgets and forecasts.
  • Monitor project expenditures and highlight significant cost variances.
  • Support CAPEX, WIP, asset additions, and capitalization activities.
  • Perform project cost and balance-sheet reconciliations.
  • Support month-end and year-end closing activities.
  • Coordinate with Finance, Project, and Procurement teams to resolve cost-related matters.
  • Ensure compliance with accounting policies, IFRS, and internal controls.

Requirements

  • Bachelor's degree in Accounting, Finance, or a related field.
  • 3+ years of relevant Accounting/Finance experience.
  • Experience in Cost Accounting, Project Accounting, or Financial Accounting.
  • Hands-on experience with cost allocation, reconciliations, variance analysis, and financial reporting.
  • Experience using ERP / financial systems.
  • Good command of Microsoft Excel and English.
  • Knowledge of IFRS is preferred.
  • Experience with CAPEX, WIP, or project cost reporting is an advantage.
  • Experience in project-driven sectors such as Real Estate, Construction, Infrastructure, Entertainment, Hospitality, or Commercial Centers is highly desirable.

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