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Cost Accountant

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Confidential Careers
Full Time position
Listed on 2026-10-12
Job specializations:
  • Accounting
    Cost Accountant, Financial Reporting, Financial Analyst, Senior Accountant
  • Finance & Banking
    Financial Reporting, Financial Analyst
Salary/Wage Range or Industry Benchmark: 120000 - 180000 SAR Yearly SAR 120000.00 180000.00 YEAR
Job Description & How to Apply Below

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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