45 Cost Accountant jobs in Saudi Arabia

Leverage your abilities and join a fast-growing player in the pharmaceutical and medical consumables manufacturing industry, delivering high-quality products to meet the growing healthcare demands across the Kingdom. With a strong production footprint, cutting-edge facilities, and a diverse portfolio, the company continues to expand rapidly while maintaining a strong focus on innovation, compliance, and operational excellence.

Work Location: Riyadh, Saudi Arabia

As a Production Cost Accountant, you will play a critical role in supporting operational and financial efficiency by analyzing, controlling, and optimizing production costs. You will be responsible for accurate cost allocation, supporting pricing strategies, and contributing to overall production planning and financial performance.

Key Responsibilities

• Analyze manufacturing costs and prepare regular cost reports.
• Monitor and report on material, labor, and overhead variances.
• Maintain and update standard cost systems.
• Ensure compliance with internal controls, SFDA requirements, and accounting standards.

Requirements and Skills

• Bachelor's degree in Accounting, Finance, Business Administration or any relevant field.
• Experience in medical Devices production is a must.
• Familiarity with production planning tools (SAP PP, MRP systems) and data analytics tools.
• Strong analytical, organizational, and problem-solving abilities.

Company Description

At Shoaghlana, we redefine recruitment by bridging the gap between top talent and businesses through an innovative online platform. Our mission is to simplify hiring by offering detailed candidate profiles, empowering companies to find the perfect match for their needs quickly and efficiently. Employers have access to a diverse pool of pre-screened candidates, saving time and ensuring quality hires. Job seekers can create professional profiles to showcase their skills and connect with leading employers. Join us to revolutionize recruitment by simplifying hiring and empowering careers.

Role Description

This is a full-time on-site role for a Cost Accountant in Riyadh. The Cost Accountant will be responsible for preparing and analyzing cost reports, maintaining accurate financial records, and managing cost accounting systems. The role includes preparing financial statements, journal entries, and conducting cost variance analysis. The Cost Accountant will work closely with the finance team to ensure accurate costing and financial control within the bakery industry.

Qualifications

• Cost Accounting skills
• Experience with preparing Financial Statements
• Strong Analytical Skills
• Proficiency in Journal Entries (Accounting)
• Background in Finance
• Excellent attention to detail and accuracy
• Ability to work on-site in Riyadh
• Bachelor's degree in Accounting, Finance, or related field
• Experience in the bakery or food industry is a plus

Construction and Manufacturing

Bachelor's Degree in Accounting

• Prepare and review monthly journal entries.

• Prepare monthly and quarterly accounting reports.

• Conduct inventory reserve analysis and prepare reports for senior management.

• Assist the accountant in suggesting changes to improve cash flow.

• Review and analyze depreciation rates, labor, and overhead costs.

• Accurately classify costs and prepare price variance reports.

• Establish and update standard costs.

• Maintain the general ledger and review budgets.

• Analyze raw material costs and perform cost-benefit analyses for changing suppliers.

Job Types: Full-time, Contract

Contract length: 12 months

As a Cost Accountant at Alliwan Restaurants, you'll take ownership of cost control and financial analysis across our growing network of outlets.

You'll collaborate with operations, procurement, and finance teams to ensure accurate product costing, identify efficiency opportunities, and support strategic decision-making.

Success means delivering timely, actionable insights that drive margin improvement and operational excellence.

Responsibilities

1. Maintain and enhance the cost accounting system for food, beverage, and labor costs.
2. Prepare monthly cost of goods sold (COGS) schedules and reconciliation reports.
3. Perform variance analyses between actual and standard costs, explaining key drivers.
4. Oversee inventory valuation and periodic physical stock counts.
5. Collaborate with procurement to track supplier pricing, discounts, and purchase contracts.
6. Identify cost-saving initiatives and monitor implementation progress.
7. Generate detailed management reports and presentations for leadership review.
8. Ensure compliance with Saudi VAT regulations and internal accounting policies.

Qualifications

• Bachelor's degree in accounting, Finance, or a related field.
• 3+ years of cost accounting experience, preferably within the food & beverage industry.
• Proficiency in Microsoft Excel (advanced formulas, pivot tables) and ERP/accounting systems.
• Strong analytical mindset with exceptional attention to detail.
• Knowledge of IFRS and Saudi Arabian tax requirements.
• Excellent communication skills, able to translate complex data into clear insights.
• Professional certification such as CMA, CPA, or equivalent is a plus.

What We Offer

• Competitive salary aligned with Riyadh market rates.
• Private health insurance for you and your dependents.
• Annual leave plus paid public holidays.
• End-of-service benefits in accordance with Saudi labor law.
• Development opportunities and certification support.

To apply, please submit your resume and a brief cover letter to

We look forward to seeing how you can help us optimize costs and drive profitability.

Job Purpose:

The Cost Accountant is responsible for
tracking, recording, and analyzing costs
across all company operations, ensuring accurate cost allocation, supporting budget management, and providing financial insights to management for effective decision-making.

Key Responsibilities:

1. Record and maintain
   costs of materials, labor, and overhead
   for products or services.
2. Monitor
   monthly production costs
   and perform
   variance analysis
   against budgeted/standard costs.
3. Prepare
   cost reports
   , including Work-in-Progress (WIP) and inventory reports.
4. Assist in the
   preparation of budgets and forecasts
   related to production and operational costs.
5. Analyze cost data to identify
   efficiency improvements
   and potential
   cost-saving opportunities
   .
6. Collaborate with other departments (Production, Procurement, Inventory) to ensure accurate
   cost allocation
   .
7. Post
   journal entries
   related to production and cost adjustments in the accounting system.
8. Support internal and external
   audit requirements
   by preparing necessary cost documentation.
9. Review and improve cost accounting procedures to enhance
   accuracy and efficiency
   .
10. Maintain
    master data
    for materials, products, and vendors in the ERP system.

Qualifications:

• Bachelor's degree in
  Accounting, Finance, or related field
  .
• 2–5 years of experience in
  cost accounting or general accounting
  .
• Strong understanding of
  costing methods, inventory valuation, and variance analysis
  .
• Proficient in
  ERP systems
  (Oracle, SAP, Microsoft Dynamics) and Microsoft Excel.
• Familiarity with
  internal controls and accounting standards
  .

Company Description

Shoaghlana redefines recruitment by bridging the gap between top talent and businesses through an innovative online platform. Our mission is to simplify hiring by offering detailed candidate profiles, empowering companies to find the perfect match quickly and efficiently. We provide employers access to a diverse pool of pre-screened candidates, saving time and ensuring quality hires. For job seekers, Shoaghlana offers tools and support to create professional profiles and connect with leading employers, making career goals a reality.

Role Description

This is a full-time on-site role based in Riyadh for a Supervisor Cost Accountant. The Supervisor Cost Accountant will oversee all aspects of cost accounting, including analyzing and preparing financial statements, managing journal entries, and providing insightful financial analysis. The role includes ensuring the accuracy and efficiency of cost accounting processes, collaborating with finance and operations teams, and ensuring compliance with financial regulations.

Qualifications

• Cost Accounting and Financial Statements skills
• Strong Analytical Skills
• Experience in managing Journal Entries (Accounting)
• Knowledge of Finance principles and practices
• Excellent written and verbal communication skills
• Ability to work on-site in Riyadh
• Bachelor's degree in Accounting, Finance, or related field
• Professional certification such as CPA or CMA is a plus
• Proficiency in accounting software and tools
• experience in F&B .

Company Description

Shoaghlana redefines recruitment by connecting top talent with businesses through an innovative online platform. Our mission is to streamline hiring by offering detailed candidate profiles, enabling companies to quickly and efficiently find the perfect match for their needs. Employers can access a diverse pool of pre-screened candidates, while job seekers can create professional profiles to showcase their expertise and connect with leading employers. Join us in revolutionizing recruitment and empowering careers.

Role Description

This is a full-time on-site role for a Senior Cost Accountant located in Riyadh. The Senior Cost Accountant will be responsible for overseeing cost accounting operations, preparing financial statements, analyzing financial data, and recording journal entries. Additionally, the role includes developing and implementing cost accounting processes and ensuring accuracy and compliance with financial regulations.

Qualifications

• Cost Accounting and Financial Statements skills
• Strong Analytical Skills and experience in Journal Entries (Accounting)
• Finance proficiency
• Excellent detail orientation and organizational skills
• Effective communication and collaboration abilities
• Bachelor's degree in Accounting, Finance, or a related field
• Experience in the bakery industry is a plus

Company Description

At Shoghlana, we redefine recruitment by bridging the gap between top talent and businesses through an innovative online platform. Our mission is to simplify hiring by offering detailed candidate profiles, empowering companies to find the perfect match for their needs quickly and efficiently. Whether you're an employer seeking skilled professionals or a job seeker looking to showcase your expertise, Shoghlana provides the tools and support to make your goals a reality. Join us on the journey to revolutionize recruitment.

Role Description

This is a full-time on-site role for a Senior Cost Accountant located in Riyadh. The Senior Cost Accountant will be responsible for cost accounting, preparing financial statements, performing analytical tasks, and managing journal entries in accounting. The role involves analyzing financial data, developing cost standards, and identifying potential cost savings. The Senior Cost Accountant will also collaborate with the finance team to ensure accurate and timely financial reporting.

Qualifications

• Skills in Cost Accounting and Journal Entries (Accounting)
• Proficiency in preparing Financial Statements
• Strong Analytical Skills
• Experience in Finance
• Attention to detail and organizational skills
• Strong problem-solving and decision-making abilities
• Bachelor's degree in Accounting, Finance, or related field
• Relevant industry experience, preferably in the bakery industry
• Proficiency in accounting software and Microsoft Excel