Cost Accountant; Business Partner

Position Summary

The Cost Accountant – Business Partner is responsible for delivering accurate costing, profitability analysis, budgeting, forecasting, and financial insights to support operational and strategic decision‑making across the organization. The role acts as a key finance business partner to operational, commercial, and project teams, ensuring that management has reliable financial information to drive profitability, cost optimization, and sustainable business growth.

The successful candidate will possess strong analytical capabilities, commercial awareness, and the ability to translate financial data into actionable business recommendations.

• Develop, maintain, and continuously enhance project, product, and service costing models.
• Monitor actual costs against budgets, forecasts, and established cost standards.
• Analyze cost variances and provide recommendations to improve financial performance.
• Review and validate overhead allocation methodologies and cost absorption rates.
• Identify cost‑saving opportunities and support initiatives aimed at improving operational efficiency.
• Ensure accurate allocation of direct and indirect costs across projects and business units.

• Partner closely with operations, procurement, commercial, and project teams to improve profitability and business performance.
• Provide financial guidance and commercial support for pricing decisions, tenders, proposals, and contract evaluations.
• Support management in evaluating strategic initiatives, business opportunities, and investment decisions.
• Deliver meaningful financial insights and recommendations to support informed decision‑making.

• Support the preparation of annual budgets, forecasts, and long‑term financial plans.
• Conduct budget versus actual analysis and investigate significant variances.
• Develop profitability, margin, and performance reports for management review.
• Monitor key business drivers and recommend actions to achieve financial objectives.
• Assist business units in developing realistic financial targets and performance measures.

• Perform break‑even, sensitivity, and scenario analyses to support strategic planning.
• Evaluate new business opportunities, investment proposals, and operational improvement initiatives.
• Develop financial models and business cases to support management decisions.
• Identify trends, risks, and opportunities impacting financial performance.

• Prepare accurate and timely management reports, KPI dashboards, and financial analyses.
• Ensure costing and profitability reports are aligned with business and reporting requirements.
• Support internal and external audits by providing required schedules, reconciliations, and supporting documentation.
• Ensure compliance with company policies, accounting standards, and internal control procedures.
• Support continuous improvement initiatives within finance and business operations.

• Gross Margin Improvement
• Budget vs. Actual Accuracy
• Cost Savings Achieved
• Project and Service Profitability
• Forecast Accuracy
• Timeliness and Accuracy of Management Reporting
• Financial Analysis Quality
• Business Partner Effectiveness

• Bachelor's Degree in Accounting, Finance, Cost Accounting, or a related discipline.
• Professional qualification such as CMA, ACCA, CPA, CA, or equivalent is highly preferred.
• Minimum 5–8 years of relevant experience in Cost Accounting, FP&A, Commercial Finance, or Business Partnering roles.
• Experience with in contracting, engineering, telecom, technology, manufacturing, or project‑based organizations will be considered a strong advantage.

• Strong knowledge of Standard Costing, Actual Costing, and Activity‑Based Costing (ABC).
• Proven experience in project costing, profitability analysis, and margin management.
• Ability to review BOQs, contracts, commercial agreements, and pricing structures.
• Advanced budgeting, forecasting, and financial modeling skills.
• Proficiency in ERP systems such as Microsoft Dynamics 365 Business Central, SAP, Oracle, or equivalent.
• Advanced Microsoft Excel skills…