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Cost Accounting Controller (Real Estate Development ) Riyadh

Aroma City Group
Riyadh, KSA
Senior
2 days ago
Financial ReportingBudgetingForecastingCost AccountingInternal ControlsFinancial Analysis
Free

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Overview

Cost Accounting Controller (Real Estate Development ) Riyadh

• Posting Date: 27 And 06 And 2026

  • Ref: KSA-455
  • Position: Cost Accounting Controller (Real Estate Development ) Riyadh
  • Location: KSA
  • City: Riyadh

• Sector: Real Estate Development

  • Years of Experience 8 plus
  • Qualification: BA Finance Or Accounting is preferred
  • Salary: Up to SAR 20k negotiable
  • Workdays: 5 plus half day
  • Description:
  • Our client is a leading Large company in the field of Real Estate Development.
  • They are seeking a highly analytical and experienced professional to oversee and manage project cost controls across their expanding portfolio in Riyadh.

Key Responsibilities

1.

Project Cost Tracking: Collect, record, and track all cost components related to real estate projects, including materials, labor, equipment, and subcontractor expenses.

2.

Cost Center Management: Establish, update, and monitor dedicated cost centers for every project and individual work item.

3.

Variance & Financial Control: Perform continuous budget versus actual comparisons ($Budget\ vs.\ Actual$), analyze variances, and submit actionable financial recommendations to leadership.

4.

Subcontractor Payment Verification: Verify and validate all invoices and payment certificates submitted by subcontractors, aligning them strictly with actual project completion percentages.

5.

Tendering & BOQ Support: Assist in preparing bid evaluations, pricing structures, and Bill of Quantities verification ($BOQ\ Pricing$).

6.

System Reconciliations: Prepare and process precise project cost entries, ensuring full reconciliation within the Microsoft Dynamics ERP platform.

7.

Project Close-Out Reporting: Compile and finalize detailed, comprehensive final cost reports upon the completion and delivery of each project.

Job Requirements

  • Education: BA/Bachelor’s degree in Accounting or Finance; a CMA certification is a strong plus.
  • Experience: 7+ years of cost accounting experience.
  • Industry Background: Must have worked in a similar position within a Real Estate Development or Contracting company. Former exposure to manufacturing/factory cost accounting is considered a major plus.
  • Languages: Native Arabic speaker with Very Good English communication skills.
  • Location & Hiring Status: Inside KSA only (Local transfer); candidate must be available to join immediately or within 30 days.

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