Cost Accountant – Construction

Responsibilities

• Develop and implement a project costing structure
• Establish standard procedures for budgeting, tracking, and reporting costs
• Create simple and effective cost tracking tools in Excel
• Prepare project budgets based on BOQ and tender documents
• Break down budgets into activities and cost categories
• Support management in pricing and cost estimation
• Track daily, weekly, and monthly project costs
• Compare budget vs actual and highlight variances
• Monitor key cost areas, identify cost overruns, and analyze root causes
• Provide corrective recommendations to project teams
• Ensure timely action to control excess spending
• Prepare monthly cost reports, project profitability reports, and cost variance reports
• Present insights to management for decision making
• Verify supplier and subcontractor invoices
• Ensure alignment between work completed and payments claimed
• Prevent overbilling and duplicate payments

• Bachelor’s degree in Accounting, Finance, or Commerce
• Professional certifications (CMA, ACCA, CPA) are an advantage
• Minimum 4 to 7 years of experience as a cost accountant
• Mandatory experience in construction, civil, or infrastructure projects
• Experience in UAE or GCC is highly preferred