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Cost Accountant - Non Egyptian

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Smart System SA
Full Time position
Listed on 2026-02-15
Job specializations:
  • Accounting
    Cost Accountant, Financial Reporting, Accounting Manager, Financial Analyst
  • Finance & Banking
    Financial Reporting, Accounting Manager, Financial Analyst
Salary/Wage Range or Industry Benchmark: 150000 - 200000 SAR Yearly SAR 150000.00 200000.00 YEAR
Job Description & How to Apply Below

A well-established and growing contracting company in Riyadh is seeking an experienced Cost Accountant to join our finance team. We are looking for a detail-oriented professional with a strong background in cost accounting, specifically within the construction or contracting industry.

Key Responsibilities:
  • Analyze, compile, and document actual project costs (materials, labor, equipment, overhead).
  • Compare actual costs against approved budgets and investigate variances.
  • Prepare regular project cost reports (weekly/monthly/final) for management and project managers.
  • Assist in preparing initial project budgets and estimates.
  • Monitor and track project financial performance against budgets.
  • Track and value inventory of materials and supplies.
  • Support the development and implementation of cost accounting systems and internal policies.
  • Collaborate with accounting, procurement, and project departments to ensure data accuracy.
  • Participate in periodic inventory counts and valuation.
  • Utilize integrated accounting software (experience with Odoo ERP is a MUST
    ) for financial data entry and processing.
Qualifications & Skills:
  • Bachelor’s degree in Accounting, Finance, or a related field.
  • Minimum 6 years of hands‑on experience in Cost Accounting
    .
  • Proven prior experience in a construction or contracting company is essential.
  • In-depth knowledge of Generally Accepted Accounting Principles (GAAP) and cost accounting procedures.
  • Advanced proficiency in Microsoft Excel (formulas, pivot tables, charts).
  • Experience with Enterprise Resource Planning (ERP) systems is a plus;
    Odoo Accounting experience is highly preferred.
  • Strong analytical skills with the ability to interpret financial data and provide actionable insights.
  • Excellent verbal and written communication skills.
  • High accuracy, organizational skills, and ability to work under tight deadlines.
  • Familiarity with the local business environment and regulations in Saudi Arabia.
What We Offer:
  • Competitive salary commensurate with experience and qualifications.
  • Comprehensive benefits package (medical insurance, annual leave, etc.).
  • Professional and supportive work environment.
  • Opportunities for career development and growth within the company.
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