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Cost Accounting Manager

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Water Transmission and Technologies Co.
Full Time position
Listed on 2026-11-01
Job specializations:
  • Accounting
    Financial Analyst, Accounting Manager, Cost Accountant, Financial Reporting
  • Finance & Banking
    Financial Analyst, Accounting Manager, Financial Reporting
Salary/Wage Range or Industry Benchmark: 180000 - 280000 SAR Yearly SAR 180000.00 280000.00 YEAR
Job Description & How to Apply Below

Managing cost control activities ensuring alignment with policies and procedures

Key

Roles and Responsibilities
  • Contribute to the development of Business Finance Division plan and develop operational plan of the Cost Accounting Function according to set objectives
  • Develop Cost Accounting Function key performance indicators and continuously monitor progress towards operational plan
  • Implement Cost Accounting Function s framework methodologies techniques and principles
  • Ensure that Cost Accounting Function operational plan is well communicated and understood at all levels
  • Optimize resources and ensure team is efficient and provide recommendations for improvement
  • Develop budget requirements for Cost Accounting Function ensuring alignment to plans and needs
  • Develop procedures ensuring all actions are conducted in a systematic manner
  • Take operational decisions and escape key decisions to senior management when required
Key

Roles and Responsibilities 2
  • Develop a tailored costing methodology to provide cost insights
  • Apply a cost justification framework to support decisions about complex costs
  • Provide insights for price setting parameter
  • Provide costing principles for departments based on previous experience and benchmarks
  • Assess the spending risks opportunities of the budget for decision-making
  • Ensure that the process of reconciliation is operating smoothly in a timely manner
  • Ensure timely processing of payments payroll supplier payments etc
  • Ensure compliance of fixed assets accounting to policies and procedures
  • Provide advice and solutions to achieve most efficient cost cutting solutions
  • Build and maintain solid relations with external stakeholders such as governmental entities and consultants to serve WTCO s best interest
  • Approve reports and presentations related to Department activities and achievements for reporting and decision-making
Key

Roles and Responsibilities 3

Job Requirements
  • Bachelor s in Accounting or Relevant fields Bachelors in Finance or Relevant fields
Key Communications Internal Stakeholders
  • Corporate Finance
  • General Accounting
  • All Departments
  • Bachelor s in Accounting or Relevant fields Bachelors in Finance or Relevant fields
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