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Cost Controller

Job in Riyadh, Riyadh Region, Saudi Arabia
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
Salary/Wage Range or Industry Benchmark: 200000 - 300000 SAR Yearly SAR 200000.00 300000.00 YEAR
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.
Key Achievements
  • 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
Seniority Level

Entry level

Employment Type

Full‑time

Job Function

Accounting/Auditing, Finance, and Management

Industries

Water, Waste, Steam, and Air Conditioning Services and Construction

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