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Cost Accountant - Costing & Budgeting

Job in Abū Ḩadrīyah, Eastern Province, Saudi Arabia
Listing for: Abis Co
Full Time position
Listed on 2026-05-01
Job specializations:
  • Accounting
    Cost Accountant, Financial Reporting, Financial Analyst, Accounting & Finance
  • Finance & Banking
    Financial Reporting, Financial Analyst, Accounting & Finance
Salary/Wage Range or Industry Benchmark: 150000 - 200000 SAR Yearly SAR 150000.00 200000.00 YEAR
Job Description & How to Apply Below
Location: Abū Ḩadrīyah

ABIS is looking for a diligent and detail-oriented Cost Accountant specializing in Costing & Budgeting to join our finance department. The Cost Accountant will be responsible for managing budgeting processes, analyzing cost data, and providing accurate cost reports to support financial planning and decision-making. This role plays a key part in tracking project costs, ensuring budget adherence, and identifying cost-saving opportunities.

Key Responsibilities
  • Prepare and analyze cost reports, budgets, and forecasts.
  • Monitor and control project costs to ensure compliance with approved budgets.
  • Develop and maintain the cost accounting system, documents, and records of the organization.
  • Analyze and recommend costs and cost savings.
  • Prepare and complete internal cost audits.
  • Comply with Generally Accepted Accounting Principles (GAAP) for financial statements.
  • Analyze the data collected and log a detailed record of the results.
  • Analyze any changes in goods or services provided in order to determine what effect it has on the cost.
  • Analyze costs and prepare regular reports comparing standard costs to actual costs.
  • Make estimates of new and proposed costs.
  • Provide management with reports that specify and compare factors that affect prices and profitability of products or services.
  • Assist in audits and general ledger preparation.
  • Conduct physical inventories and monitor the cycle count program.
  • Bachelor's degree in Accounting, Finance, or related field.
  • Minimum of 3-5 years experience in cost accounting, budgeting, or financial analysis.
  • Strong knowledge of cost accounting principles and budgeting techniques.
  • Proficiency in accounting software and Microsoft Excel.
  • Excellent analytical, organizational, and problem-solving skills.
  • Attention to detail and ability to meet deadlines.
  • Good communication and interpersonal skills to work effectively with cross-functional teams.
  • Experience with ERP systems is an advantage (e.g., Microsoft Dynamics 365).
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Position Requirements
5+ Years work experience
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