Cost Controller

Job Description

We are seeking a detail‑oriented and analytical Cost Controller to join our team in Jeddah, Saudi Arabia. As a Cost Controller you will play a crucial role in managing and optimizing our organization’s financial resources, ensuring efficient cost management across all departments.

• Develop and implement cost control systems and procedures to monitor expenses and identify areas for improvement.
• Analyze financial data, prepare detailed cost reports, and provide insights to management for decision‑making.
• Conduct regular inventory counts and reconciliations to maintain accurate stock levels.
• Monitor and report on budget variances, recommending corrective actions when necessary.
• Collaborate with department heads to develop and manage departmental budgets.
• Ensure compliance with company policies, accounting standards, and local regulations.
• Prepare and review monthly, quarterly, and annual financial statements.
• Assist in the development and implementation of cost‑saving initiatives.
• Maintain accurate and up‑to‑date financial records and documentation.
• Participate in forecasting and long‑term financial planning processes.
• Conduct cost‑benefit analyses for proposed projects or investments.
• Provide training and guidance to staff on cost control procedures and best practices.

• Bachelor’s degree in Accounting, Finance, or a related field. Diploma in a relevant field may be considered with extensive experience.
• Proven experience in cost control, financial management, or a similar role.
• Strong knowledge of accounting principles, practices, and financial analysis.
• Proficiency in Microsoft Office suite, particularly Excel.
• Experience with financial management software and inventory systems, e.g., Future Log or Opera.
• Excellent analytical and problem‑solving skills.
• Strong attention to detail and high level of accuracy.
• Outstanding organizational and time‑management abilities.
• Effective oral and written communication skills.
• Ability to work independently and collaboratively in a fast‑paced environment.
• Familiarity with Saudi Arabian financial regulations and practices – preferred.
• Professional certification such as CMA or CIMA – preferred.