Cost Controller
Job in
Riyadh, Riyadh Region, Saudi Arabia
Listed on 2025-12-14
Listing for:
Alkhorayef Water & Power Technologies (AWPT)
Full Time
position Listed on 2025-12-14
Job specializations:
-
Finance & Banking
Financial Analyst, Financial Reporting, Accounting & Finance -
Accounting
Cost Accountant, Financial Analyst, Financial Reporting, Accounting & Finance
Job Description & How to Apply Below
Cost Accountant – Job Description Job Summary
Detail‑oriented Cost Accountant with 3 years of experience in analyzing financial data, preparing cost reports, developing cost‑control systems, and supporting strategic decision‑making. Skilled in cost allocation, budgeting, variance analysis, and improving financial accuracy to enhance operational efficiency and profitability.
Key Responsibilities- Collect, classify, and analyze cost information related to production, operations, and company activities.
- Prepare monthly and quarterly cost reports, including cost summaries, variances, and financial performance insights.
- Monitor cost centers and ensure accurate allocation of direct and indirect costs.
- Conduct variance analysis between actual and budgeted costs and provide corrective action recommendations.
- Support the development of annual budgets and financial forecasts based on historical data and operational needs.
- Assist in pricing decisions by calculating product/service costs and evaluating profitability margins.
- Review and reconcile inventory records, including raw materials, WIP, and finished goods.
- Coordinate with procurement, production, and finance departments to ensure cost accuracy and consistency.
- Participate in internal audits and ensure compliance with accounting policies and internal controls.
- Maintain financial documentation and support management with actionable cost‑saving insights.
- Improved cost accuracy by implementing standardized cost allocation methods.
- Reduced operational expenses through identifying inefficiencies and recommending corrective measures.
- Enhanced monthly closing time by streamlining cost reporting procedures.
- Cost Analysis & Cost Control
- Budgeting & Forecasting
- Standard Costing
- Variance Analysis
- Inventory & Stock Control
- Advanced Excel (Pivot Tables, VLOOKUP, Power Query)
- Strong Analytical & Problem‑Solving Skills
- Accuracy & Attention to Detail
Entry level
Employment TypeFull‑time
Job FunctionAccounting/Auditing, Finance, and Management
IndustriesWater, Waste, Steam, and Air Conditioning Services and Construction
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