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Cost Accountant
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19 days ago
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Important information
Contract type:
Permanent
Location:
Riyadh Saudi Arabia
Work mode:
Onsite
Published on:
7 October 2026
What they need
We are looking for a detail-oriented and analytical Costing Accountant to join our 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.
These responsibilities reflect the JD, including project costing, reconciliations, CAPEX/WIP, variance analysis and financial closing support. Costing Accountant
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. Costing Accountant.
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