9 Cost Accounting jobs in Saudi Arabia
Supervisor, Inventory Cost Accounting Unit
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Join to apply for the Supervisor, Inventory Cost Accounting Unit role at Petro Rabigh .
Oversee and supervise the Inventory Accounting function by applying generally accepted accounting principles to review, analyze, and prepare inventory-related financial information. Communicate monthly inventory results to senior financial management and ensure the requirements are met.
Responsibilities:- Develop a manual on inventory accounting reporting policy and procedure, and participate in the preparation of physical inventory procedures. Ensure proper handling and execution of inventory tasks by distributing responsibilities among staff.
- Monitor daily activities of the unit, report major issues to superiors, and track progress of KPIs and goals, taking appropriate actions to achieve them.
- Set up and monitor the execution of unit goals and KPIs aligned with department objectives.
- Supervise, lead, train, and motivate staff to ensure responsibilities and tasks are performed properly and timely. Coordinate with relevant sections/departments to ensure inventory reporting requirements are strictly followed.
- Check, monitor, and coordinate with focal points such as MFT, MMS, PP, SPS, SDU, SAP consultants, PIM engineers, process engineers, and CPD regarding inventory movements reporting for refined and monomer products.
- Perform any other duties as assigned by the Operation Accounting Section Head.
- BA in Finance or Accounting
- Minimum 6 years of experience in related work area
- Auditing experience
- Fundamentals of Accounting Principles (financial and cost)
- Basic Internal Control concepts, Management Accounting, IFRS, and Basic Management Principles
Note: The last day to apply is May 29, 2025.
#J-18808-LjbffrSupervisor, Inventory Cost Accounting Unit
Posted 12 days ago
Job Viewed
Job Description
Join to apply for the Supervisor, Inventory Cost Accounting Unit role at Petro Rabigh .
Oversee and supervise the Inventory Accounting function by applying generally accepted accounting principles to review, analyze, and prepare inventory-related financial information. Communicate monthly inventory results to senior financial management and ensure the requirements are met.
Responsibilities:- Develop a manual on inventory accounting reporting policy and procedure, and participate in the preparation of physical inventory procedures. Ensure proper handling and execution of inventory tasks by distributing responsibilities among staff.
- Monitor daily activities of the unit, report major issues to superiors, and track progress of KPIs and goals, taking appropriate actions to achieve them.
- Set up and monitor the execution of unit goals and KPIs aligned with department objectives.
- Supervise, lead, train, and motivate staff to ensure responsibilities and tasks are performed properly and timely. Coordinate with relevant sections/departments to ensure inventory reporting requirements are strictly followed.
- Check, monitor, and coordinate with focal points such as MFT, MMS, PP, SPS, SDU, SAP consultants, PIM engineers, process engineers, and CPD regarding inventory movements reporting for refined and monomer products.
- Perform any other duties as assigned by the Operation Accounting Section Head.
- BA in Finance or Accounting
- Minimum 6 years of experience in related work area
- Auditing experience
- Fundamentals of Accounting Principles (financial and cost)
- Basic Internal Control concepts, Management Accounting, IFRS, and Basic Management Principles
Note: The last day to apply is May 29, 2025.
Cost Accounting Section Head – Steel Structure Industry
Posted today
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Job Description
We are looking for an experienced and detail-oriented Cost Section Head to lead the cost accounting function within a dynamic steel structure manufacturing and contracting environment. The ideal candidate will be responsible for overseeing cost control, budgeting, and financial analysis processes, ensuring accurate cost tracking across fabrication and erection projects. This role requires strong leadership, strategic thinking, and deep industry knowledge to support decision-making and improve profitability.
- Minimum of 8 years of accounting experience, including at least 3 years in a cost accounting role (Mandatory proven experience in the Steel Structure industry. Candidates without relevant experience in this field will not be considered).
- In-depth understanding of cost structures and material consumption specific to steel fabrication and erection projects.
- Experience in tracking and analyzing steel usage , waste, and recovery in production processes.
- Familiarity with project-based accounting for steel structure contracts, including progress billing and retention.
- Ability to collaborate with engineering and production teams to analyze BOMs (Bill of Materials) and validate cost estimates.
- Experience in monitoring subcontractor costs and evaluating their financial impact on steel structure projects.
- Strong understanding of logistics and procurement cost drivers in steel supply chains.
- Previous involvement in cost control for fabrication workshops and erection sites is highly desirable.
- Proficiency in pricing, cost estimation, and budget preparation.
- Advanced proficiency in ERP systems, preferably Odoo .
- Excellent communication skills in English (both spoken and written).
- Strong leadership and team management capabilities.
Administrative Coordinator, Financial Accounting
Posted today
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That is how we develop outstanding leaders who team to deliver on our promises to all of our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities.
**The opportunity**
The Administrative Coordinator supports the day - to - day operations of the local FAAS business, ensuring support is provided on an individual and business - wide basis. You will be a go - to person for general queries as well.
**Your key responsibilities**
**Skills and attributes for success**
Pro
- activity, accountability and results
- driven people will flourish in this environment. Dealing with competing priorities, understanding how to manage resources and communicating effectively are key skills. This will have a huge impact on those around you and help promote a positive work ethic.
**To qualify for the role you must have**
- Strong academic record, including a degree
- At least 1- year of professional experience in an office administrative role
**Ideally you’ll also have**
- Track record with a leading audit firm
- Proficiency in the Arabic language
**What we look for**
We are interested in entrepreneurs who have the confidence to develop and promote a brand new strategic vision both internally and externally. You will be business savvy with a passion for innovation as well as the motivation to create your own EY journey.
**What we offer**
We offer a competitive compensation package where you’ll be rewarded based on performance and recognized for the value you bring to our business. Plus, we offer:
- **Continuous learning**: You’ll develop the mindset and skills to navigate whatever comes next.
- **Success as defined by you**: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
- **Transformative leadership**: We’ll give you the insights, coaching and confidence to be the leader the world needs.
- **Diverse and inclusive culture**: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.
**If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
**The exceptional EY experience. It’s yours to build.
**EY | Building a better working world**
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
Senior Consultant, Financial Accounting Advisory
Posted today
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Job Description
In Financial Accounting Advisory Services (FAAS) within Assurance, we assist our clients to address the accounting and financial reporting challenges facing their business. You will be part of a team that provides insight and services that accelerate analytics, decision-making and innovation to build a stronger and more efficient finance function. You will experience ongoing professional development through diverse experiences, world-class learning and individually tailored coaching.
That is how we develop outstanding leaders who team to deliver on our promises to all of our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities.
Sound interesting? Well this is just the beginning. Because whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.
**The opportunity**
Our Financial Accounting Advisory Services (FAAS) support organizations through a diverse range of services tailored to support CFOs that include accounting and reporting, finance function transformation, transaction accounting, treasury, corporate governance, fixed assets, performance improvement and other services that help organizations navigate evolving business needs, demands for greater transparency and changing regulatory requirements.
**Your key responsibilities**
We are looking for talented professionals with an established experienced in technical accounting and finance function transformation from a top tier consulting firm to support and drive our existing and upcoming client engagements. In this role, you will participate in Accounting and Advisory engagements, work as a team member, sharing responsibility, providing support, maintaining communication and updating senior team members on progress, help prepare for meetings with target management teams, and participate in these meetings and assist in preparing reports and schedules for clients and other parties. You will also develop and maintain productive working relationships with client personnel and build strong internal relationships within the EY Assurance business and across other services.
Contributing to people initiatives, including recruiting and retaining assurance professionals will also form part of your role as will maintaining an educational program to continually develop personal skills of staff.
**Skills and attributes for success**
Pro
- activity, accountability and results
- driven people will flourish in this environment. Dealing with competing priorities, understanding how to manage resources and communicating effectively are key skills. This will have a huge impact on those around you and help promote a positive work ethic.
**To qualify for the role, you must have**
- Minimum of 3-4 years of professional experience with a consulting firm
- Strong background in IFRS methodologies and finance operating model design and development
- Experienced in financial control, including internal and external statutory reporting. Exposure to finance systems architecture & strategy delivery, regulatory and management reporting, consolidation and EPM projects
- Experienced in writing policies and procedures and compliance or internal audit, internal controls and risk management
**Ideally, you’ll also have**
- Track record with a leading consulting firm
- Arabic speaking proficiency
- Flexibility to travel across the MENA region
**What we look for**
We are interested in entrepreneurs who have the confidence to develop and promote a brand new strategic vision both internally and externally. You will be business savvy with a passion for innovation as well as the motivation to create your own EY journey. If you have significant experience gaming technology and are passionate about improving the performance of businesses, this is the role for you.
**What we offer**
**We offer a competitive compensation package where you’ll be rewarded based on performance and recognized for the value you bring to our business. Plus, we offer**:
- Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
- Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
- Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
- Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.
If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
The exceptional EY experience. It’s yours to build.
EY | Building a better working world
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries
Real Estate Financial Accounting Director - Saudi National
Posted 19 days ago
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Job Description
We have an urgent requirement for a highly experienced Real Estate Financial Accounting Director - Saudi National to join a leading multinational organsation in Saudi Arabia.
Requirements
Requirements: - Bachelor's degree in Finance or related field. - 15+ years' of experience in a similar role. - Background experience in real estate. - Excellent knowledge of Financial Reporting and Regulatory laws with strong and demonstrated experience in policies and procedures. - Saudi Nationals.
About the company
The name MENASA originates from both the geographical region of Middle East, North Africa & South Asia as well as the Arabic word for platform or stage. We provide the platform for employers to approach the best global talent available. Menasa & Partners is a privately owned, fully licensed, Executive Search company head-quartered in Dubai, UAE. From our head office in Dubai we are ideally placed to assist organizations in the global search for talent. We specialize in providing companies not only with suitable individuals to work in their organizations but also offer unparalleled knowledge of the global markets. Our staff all have in depth knowledge of their vertical markets therefore offering tailored strategic advice.
Real Estate Financial Accounting Compliance Director - Saudi National
Posted 19 days ago
Job Viewed
Job Description
Are you a highly experienced professional with a strong background in real estate and financial compliance? Do you have a solid grasp of financial reporting, regulatory compliance, audit regulations, and legal compliance? We are seeking a Saudi National who meets these qualifications to lead the Client's Real Estate Financial Accounting Department. Role Description: As the Real Estate Financial Accounting Compliance Director, you will play a crucial role in leading the Real Estate Financial Accounting Department. Your responsibilities include overseeing regulatory compliance, financial reporting, real estate operations, and engagement with construction entities. This is an executive-level position, requiring strong managerial skills to lead the department effectively.
Requirements
Key Qualifications and Experience: - Educational Qualification: A bachelor's degree in Finance or a related field. - Experience in Real Estate: A minimum of 15 years of experience with a strong background in the real estate industry. - Corporate Background: Significant experience in corporate management, including an understanding of corporate policies and procedures. - Audit and Regulatory Knowledge: A solid overview understanding of financial accounting, audit regulations and compliance. - Legal Acumen: An understanding of legal regulations related to the real estate industry. - Government Engagement: Familiarity with the ministries relevant to the real estate and financial institutions, such as the Ministry of Housing, Ministry of Municipal and Rural Affairs, and Ministry of Economy and Planning.
About the company
The name MENASA originates from both the geographical region of Middle East, North Africa & South Asia as well as the Arabic word for platform or stage. We provide the platform for employers to approach the best global talent available. Menasa & Partners is a privately owned, fully licensed, Executive Search company head-quartered in Dubai, UAE. From our head office in Dubai we are ideally placed to assist organizations in the global search for talent. We specialize in providing companies not only with suitable individuals to work in their organizations but also offer unparalleled knowledge of the global markets. Our staff all have in depth knowledge of their vertical markets therefore offering tailored strategic advice.
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Associate Director - Accounting Advisory - Financial Services
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2 weeks ago Be among the first 25 applicants
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We are looking for an experienced and dynamic Associate Director for our Accounting and Reporting(ARC) practice in Riyadh. The ideal candidate will lead client engagements, manage teams, and deliver high-quality advisory services related to financial reporting, accounting change, and complex transactions. The role requires strong technical expertise in IFRS, excellent client management skills, and the ability to drive business development initiatives.
Key Responsibilities:
- Lead engagements including financial reporting, IFRS conversions, IPO readiness, and accounting advisory projects.
- Advise clients on the implications of new accounting standards and complex accounting transactions.
- Review financial statements for compliance with applicable accounting standards and regulatory requirements.
- Act as the key point of contact for clients, ensuring effective communication and project delivery.
- Keep up-to-date with regulatory changes and industry developments.
- Participate in business development activities and contribute to proposal development.
- Supervise and mentor team members.
Qualifications & Experience:
- Bachelor’s degree in Accounting, Finance, or a related field; professional qualification (CPA, ACCA, CA) is a must.
- Minimum 7+ years of relevant experience in Accounting advisory with a Big 4 or a reputable consulting firm.
- Strong knowledge of IFRS and local GAAP.
- Experience in managing teams and handling multiple client engagements.
- Excellent analytical, communication, and project management skills.
- Proficiency in English; Arabic is a plus.
- Experience working in the Saudi market
What We Offer:
- Competitive compensation package
- Dynamic and collaborative work environment
- Opportunities for international exposure and professional growth
- Support for continuous learning and professional development
- Seniority level Mid-Senior level
- Employment type Full-time
- Job function Accounting/Auditing, Consulting, and Finance
- Industries Business Consulting and Services
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Get notified about new Director of Accounting jobs in Riyadh, Saudi Arabia .
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#J-18808-LjbffrFinancial Analyst (Cost & Revenue Analysis) – Mekkah
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Join to apply for the Financial Analyst (Cost & Revenue Analysis) – Mekkah role at SYSTRA
Join to apply for the Financial Analyst (Cost & Revenue Analysis) – Mekkah role at SYSTRA
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SYSTRA is one of the world's leading engineering and consultancy groups specialising in public transport and sustainable mobility. With over 10,300 employees, SYSTRA's mission is to design safe and sustainable transport solutions to bring people together, develop social inclusion and facilitate access to employment, education and leisure throughout the world.
For 65 years, the Group has been working alongside cities and regions to contribute to their development by creating, improving and modernising their infrastructure and transport systems, throughout the life cycle of their projects. SYSTRA is involved from the earliest stages of design through to the testing, deployment and maintenance phases. The company provides all its services in over 80 countries worldwide and generates 74% of its turnover internationally. With its new services, SYSTRA supports its clients and partners in their digital, ecological and energy transition, in order to invent the mobility of tomorrow.
Context
We are currently looking for a Financial Analyst for one of our projects in Mekkah. The role will provide financial insights, analysis, and reporting relating to costs and revenues for transport/mobility projects. The Financial Analyst supports the Client in driving financial performance, ensuring cost control, and maximizing revenue opportunities, while strengthening financial governance in project deliver
Missions/Main Duties
- Strategic Cost Analysis & Control:
- Oversee, review, and challenge project cost structures, budgets, and expenditures across multiple government transport/mobility projects.
- Lead continuous monitoring and analysis of costs, forecasting, and identifying trends or risks at program and portfolio levels.
- Advise senior stakeholders on corrective actions and value engineering opportunities.
- Revenue Analysis & Forecasting:
- Direct and validate revenue stream analysis, revenue recognition, and income forecasting aligned with government funding models and multi-year contracts.
- Analyze alternative funding mechanisms and support delivery in achieving commercial strategy objectives.
- Advanced Financial Modeling & Scenario Planning:
- Develop and maintain complex financial models for strategic planning, life-cycle cost analysis, and program optimization.
- Run sensitivity analysis and “what-if” scenarios for strategic decision-making at steering committee and board level.
- Program Financial Governance:
- Ensure robust compliance with government policies, procedures, procurement guidelines, and contractual obligations.
- Drive the implementation of financial controls, audit-readiness, and reporting standards in collaboration with government audit and compliance teams.
- Stakeholder & Partner Engagement:
- Act as the primary financial advisor to the Client, interacting directly with senior government representatives, client finance teams, and delivery partners.
- Facilitate financial reviews, audits, and reporting sessions for executive and government oversight.
- Reporting & Executive Support:
- Prepare, present, and defend executive-level reports, dashboards, and comprehensive financial summaries, tailored for government and regulatory audiences.
- Maintain transparent, auditable records and analyses to support business case development and benefits realization.
- Bachelor’s degree in Finance, Accounting, Economics, or related field; Master’s degree or MBA preferred.
- Professional certification (CFA, CIMA, CPA, or international equivalent) is highly desirable.
- Minimum 20 years’ progressive experience in financial analysis within large, complex, multistakeholder project environments.
- Significant expertise in the transport, mobility, or public sector infrastructure domain, preferably on the client or delivery partner side for government projects.
- Extensive track record of providing executive-level decision support and stakeholder engagement.
- In-depth understanding of large-scale project financial management, government funding models, and capital program delivery.
- Expertise in cost management, revenue analysis, and advanced financial modeling (Excel, Power BI, etc.).
- Familiarity with leading ERP systems and PMO tools (SAP, Oracle, Primavera, etc.).
- Strong leadership, influencing, and negotiation skills; ability to communicate complex analysis to non-finance executives and government officials.
- High integrity, discretion, and ability to handle confidential and politically sensitive information.
- Demonstrated ability to operate effectively in fast-paced, high-profile, and collaborative environments.
- Middle East experience is required
- Seniority level Mid-Senior level
- Employment type Contract
- Job function Finance and Sales
- Industries Rail Transportation
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