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Cost Accounting Controller; Real Estate Development

Job in Riyadh, Saudi Arabia
Listing for: Aroma City Group
Full Time position
Listed on 2026-07-01
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Reporting, Financial Compliance
  • Accounting
    Cost Accountant, Financial Analyst, Financial Reporting, Financial Compliance
Salary/Wage Range or Industry Benchmark: 203112 - 243288 SAR Yearly SAR 203112.00 243288.00 YEAR
Job Description & How to Apply Below
Position: Cost Accounting Controller (Real Estate Development

Cost Accounting Controller (Real Estate Development) – Riyadh

Posting Date: 27/06/2026 |
-455 |

Location:

KSA, Riyadh | Years of

Experience:

8+ |

Qualification:

BA Finance or Accounting preferred | Salary:
Up to SAR 20k negotiable | Workdays: 5+ plus half day

Our client is a leading Large company in the field of Real Estate Development. They are seeking a highly analytical and experienced professional to oversee and manage project cost controls across their expanding portfolio in Riyadh.

Key Responsibilities
  • Project Cost Tracking: Collect, record, and track all cost components related to real estate projects, including materials, labor, equipment, and subcontractor expenses.
  • Cost Center Management: Establish, update, and monitor dedicated cost centers for every project and individual work item.
  • Variance & Financial Control: Perform continuous budget versus actual comparisons ($Budget vs. Actual), analyze variances, and submit actionable financial recommendations to leadership.
  • Subcontractor Payment Verification: Verify and validate all invoices and payment certificates submitted by subcontractors, aligning them strictly with actual project completion percentages.
  • Tendering & BOQ Support: Assist in preparing bid evaluations, pricing structures, and Bill of Quantities verification ($BOQ Pricing).
  • System Reconciliations: Prepare and process precise project cost entries, ensuring full reconciliation within the Microsoft Dynamics ERP platform.
  • Project Close-Out Reporting: Compile and finalize detailed, comprehensive final cost reports upon the completion and delivery of each project.
Job Requirements
  • Education: BA/Bachelor’s degree in Accounting or Finance; a CMA certification is a strong plus.
  • Experience: 7+ years of cost accounting experience.
  • Industry Background: Must have worked in a similar position within a Real Estate Development or Contracting company. Former exposure to manufacturing/factory cost accounting is considered a major plus.
  • Languages: Native Arabic speaker with very good English communication skills.
  • Location & Hiring Status: Inside KSA only (Local transfer); candidate must be available to join immediately or within 30 days.
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