33 Cost Analyst jobs in Saudi Arabia

Cost Accounting Analyst

Kinetic

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Job Description

A leading **Pharmaceutical** company is actively recruiting a **Cost Accounting Analyst** for their **Makkah** office.

**The main responsibilities will include but not limited to**:

- Developing and maintaining adequate budgets, which include costs associated with operations.
- Collect cost information and maintain an expenses database.
- Fixed asset management.
- Plan and record variable costs.
- Review standard and actual costs for inaccuracies, variance analysis.
- Sales and Gross Margin Analysis.
- Assists in various financial research projects and ad-hoc analyses.
- Forecasting financial results and tracking actuals for cost accounting lines.
- Support the department in establishing, documenting, and implementing new processes as needed.

**To be successful you will need to meet the following**:

- **Minimum 3 - 5 years of experience in cost accounting.**:

- **Bachelor’s Degree.**:

- **Proven experience in Manufacturing industry.**:

- Professionally qualified Accountant from a reputed/recognized Institute.
- Knowledge of IFRS, Saudi tax and corporate laws.
- High Sense of ownership and urgency.
- Thorough knowledge of accounting principles and procedures combined with a good analytical mindset and finance management.
- Applicants should be available for face-to-face interviews in the location mentioned above.

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Construction QS Cost Management

Riyadh, Riyadh Expat Recruitment Ltd

Posted 4 days ago

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Job Description

Our Client is a multidisciplinary practice that succeeds through the individual and collaborative skills of its people. They currently seek a Quantity Surveyor to work within their Asset Management Group. The role consist providing support to senior surveyors in the group, learning the QS profession in the practical sense, and from there developing in such a way as to be able to take on the responsibilities of being a fully functional Quantity Surveyor.

Your key responsibilities will include:

Prepare costing schedules, schedules of measurement.
Plan and manage Cost and Contract documentation.
Work closely with and monitor performance of Technicians (as appropriate)
Ensure service and project work are carried out within agreed deadlines and within budget.
Ensure that appropriate cost/contracts/services/design decisions are met.
Coordinating his/her work with other members of the project team.

To be successful you must be degree qualified with a Bachelors degree (B.Eng) in Engineering plus a minimum of 3 years relevant work experience.

An excellent tax-free salary is on offer for the right candidate with overseas expatriate benefits such as accommodation allowance, transport allowance, flights and medical and life insurance included.

Quality Assurance Engineer
Caribbean, Negotiable + expat benefits.
Ref: QA024
Read more >

Desalination Experts
Middle East, Negotiable + expat benefits.
Ref: WW039
Read more >

Hydroelectric Resident Engineer
Central Asia, Negotiable + expat benefits
Ref: WW038
Read more >

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Associate Director - Cost Management

Al Khobar, Eastern region AESG

Posted 9 days ago

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Job Description

Due to the continuing success and growth of our AESG team, a fantastic opportunity has opened up at our award-winning Specialist Consultancy, Engineering and Advisory Firm.

We are headquartered in London, Riyadh, Singapore, Dubai, South Africa, Egypt, and Australia, working throughout the Middle East, Europe, and Asia. Our areas of expertise are represented in four core verticals: Building Engineering, Planning and Infrastructure, Strategy and Advisory, and Commissioning, Handover, and Asset Management.

We pride ourselves on being industry leaders in each of the services we offer. Our dedicated team has decades of cumulative experience in sustainable design, fire and life safety, cost management, façade engineering, commissioning, building performance, waste management, environmental consultancy, carbon management, and acoustics.

Job Description:

We are seeking an Associate Director to join our Cost Management division. The ideal candidate will have a proven track record in the commercial management and delivery of consultancy services for major commercial, residential, and hospitality construction projects in Saudi Arabia. This role will primarily focus on the commercial management of large construction projects, handling both technical and contractual/cost aspects, and will be based in Khobar.

The successful candidate should be capable of leading large teams on both pre- and post-contract projects, with experience in performing cost management as part of a wider consultancy team delivering commercial projects. There is significant potential for career progression and rapid development. Candidates must demonstrate relevant recent experience with appropriately sized projects and possess excellent communication skills for engaging with clients, consultants, and contractors.

The ideal candidate will have a technical and experience-based QS/CM background, a solid understanding of various design standards, and the ability to communicate advice effectively. MRICS qualification is required.

Candidate Profile:
  • Strong understanding of commercial and contractual matters
  • Committed to technical excellence
  • High level of technical expertise with experience in complex, prestigious projects
  • Motivated, self-driven, with an entrepreneurial outlook
  • Excellent relationship-building skills (internal and external)
  • Collaborative personality
Essential Skills:
  • Degree in Quantity Surveying or Commercial Management
  • MRICS membership is required
  • Minimum of 10 years of experience in cost, contract, and commercial management
  • Experience in delivering all pre- and post-contract services across various projects
  • Experience managing contractual activities with clients and consultants
  • Middle East experience is essential
Why join AESG?

AESG is a multidisciplinary specialist consultancy offering a unique work environment. We are known for innovative thinking and pushing projects to outperform expectations through smart planning, engineering, and architectural solutions. Our portfolio includes some of the world's most forward-thinking developments.

The success of our company is driven by our people. Our staff are passionate, driven, and love what they do. We foster a collaborative environment that nurtures talent, offers early responsibility, and provides clear career progression pathways.

Employee Benefits:
  • Opportunities to work on diverse projects with prestigious clients, accelerating your career growth
  • Engagement with some of the world's leading developments and challenging projects
  • Structured training and mentorship to support your professional development
  • Collaborative technical environment
  • Training opportunities tailored to your career interests
  • Focus on health and well-being, including team-building activities and social events
  • Be part of a dynamic team with a positive culture
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Associate Director - Cost Management

Riyadh, Riyadh Turner & Townsend

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Company Description

Turner & Townsend is one of the leading consultancy providers to the Commercial Developer sector. Using our skills, processes and knowledge we provide industry leading services to our clients.

**Job Description**:
**MAIN PURPOSE OF ROLE**:

- To provide commercial oversight to ensure the successful delivery of cost management services across one or multiple commissions.
- To perform the role of the Commission Manager, taking responsibility for end to end service delivery.
- To ensure excellent service delivery is being provided to clients, gain their trust and enhance our reputation.
- To actively promote Turner & Townsend to clients both existing and new to enable growth within the business.
- To be a sounding board for all aspects of service delivery and to effectively develop others in the team.
- To ensure that client objectives are met through the delivery of an effective cost management service from pre contract to handover.
- To uphold Turner & Townsend values and ethics whilst delivering service excellence.

**KEY EXPERIENCE REQUIREMENTS**:

- Extensive knowledge of and experience in the Real Estate / Property sector working for a professional cost consultancy.
- Extensive experience of both new build and fit-out projects across varying asset typologies.
- Extensive experience of delivering and overseeing the successful delivery of pre-contract services from feasibility through to tendering, measurement of building works for estimating, report writing and preparation of Bills of Quantities and tender documentation.
- Experience of successfully managing commissions, one or multiple, at any given time to ensure the highest quality service delivery for clients.
- Experience of commercial management of commissions ensuring both successful and profitable delivery of services.
- Experience of agreeing contract terms, administering contracts and of identifying and mitigating key risks within contracts.
- Ability to critically analyse programmes and assess the impact they have of fee forecasts to enable accurate forecasting to the wider business.
- Self-motivated with the ability to work autonomously setting their own agenda and perform well under pressure.
- Identifying and establishing new relationships, whilst maintaining and developing existing relationships.

**ACCOUNTABILITIES**:

- Overall accountability and responsibility for ensuring Turner & Townsend deliver the scope of their services across multiple commissions.
- Interfacing and effective communication with the client, contractors and other consultants, at all project stages.
- Timely and accurate forecasting of fees.
- Maintaining and building upon existing client relationships and the development of new relationships.
- Recognise opportunities and be able to cross sell our service offerings to existing or potentially new clients.
- Effectively and proactively lead a cost management team, ensuring that they deliver in line with the standards expected of Turner & Townsend.
- Provide quality assurance for all deliverables issued by other team members.
- Be a sounding board to other team members for all technical cost management related activities.
- Understanding the clients needs and build the relationship.
- Be a role model within the team to assist in the development of more junior staff.
- Demonstrates a high level of drive, enthusiasm and commitment to always delivering service excellence to clients.
- A desire to learn and progress your career to the next level.

**Qualifications**:

- Proven Cost / Commercial Management experience, ideally from a Consultancy or client side background
- Preferably MRICS with 10 years’ PQE
- Experience of working on Major Programmes and Projects
- Experience in leading, managing and motivating teams
- Extensive knowledge of construction industry technical matters, such as different procurement routes, value management and value engineering.
- Demonstrable understanding of construction contracts and the ability, when required, to provide contractual advice to clients.
- Proven track record of delivering service excellence to multiple clients.
- Ability to drive the commercial agenda for the project and chair commercial meetings.
- Excellent written and oral communication skills with the ability to present clearly and concisely to clients in both a formal and informal manner.
- Proven track record of building effective, productive and positively engaged teams.

Additional Information

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.

We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.

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Financial Analyst (Cost & Revenue Analysis) – Mekkah

SYSTRA

Posted 12 days ago

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Job Description

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.
Profile/Skills

  • 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

Systra is an equal opportunities company; this position is open to all applicants.

Seniority level
  • Seniority level Mid-Senior level
Employment type
  • Employment type Contract
Job function
  • Job function Finance and Sales
  • Industries Rail Transportation

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Al Khobar, Eastern, Saudi Arabia 8 hours ago

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Senior FinOps - Cloud Cost Management

Riyadh, Riyadh SWATX

Posted 12 days ago

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Job Description

We're looking for a seasoned Senior FinOps Lead to play a pivotal role in managing and optimizing our cloud expenses across major platforms like Azure, CP, OCI, and AWS. If you have a strong background in cloud cost management, financial analysis, automation and optimization, and DevOps, we want to hear from you!

Responsibilities
  1. Monitor and analyze cloud spending across multiple platforms.
  2. Identify opportunities for cost savings and optimization.
  3. Implement and automate cost control measures.
  4. Collaborate closely with finance and engineering teams to align cloud investments with business objectives.
  5. Ensure governance and compliance with cloud cost management policies.
Qualifications
  1. Minimum of five years of experience with Cloud Systems, specifically GCP or OCI.
  2. Strong proficiency in cloud cost management tools like CloudHealth, AWS Cost Explorer, and Azure Cost Management.
  3. Deep understanding of cloud pricing models and billing structures.
Additional Details
  • Seniority level: Mid-Senior level
  • Employment type: Contract
  • Job function: Management
  • Industries: IT Services and IT Consulting

Note: The original content about referrals, notifications, and unrelated job listings has been removed for focus and clarity.

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Financial Analysis Manager (2022978)

Jeddah, Makkah Nahdi

Posted 9 days ago

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Job Description

Provide financial advice, support, and consultation to the assigned departments to ensure alignment with set financial plans and policies. Develop financial reports and analyses to identify financial impact and performance, supporting decision-making processes for the departments or business functions.

Accountabilities

  • Lead financial evaluations for assigned departments’ projects, including developing and reviewing financial models, data, KPIs, and stakeholder alignment.
  • Act as a financial partner to departments by providing support, financial knowledge, budgets, forecasts, and communicating business needs to the Finance division to ensure interdepartmental alignment.
  • Issue periodic financial reports, reviewing actual progress against plans to assess financial performance.
  • Perform financial analyses to identify deficiencies and areas for improvement to support decision-making.
  • Follow up on decisions and corrective actions with stakeholders, assessing financial impacts.
  • Collaborate with departments to develop, update, and document processes, procedures, and SOPs, ensuring standardization and financial compliance.
  • Lead and participate in automating financial analysis reports with IT to enhance efficiency, timeliness, and accuracy.
  • Serve as a key advisor to business units, providing strategic financial insights to aid decision-making.
  • Drive finance team performance, ensuring alignment with business objectives and fostering a culture of continuous improvement.

Employee duties are not limited to these accountabilities; additional duties may be assigned.

Work Environment

  • Indoors: 90%
  • Outdoors: 10%
  • Working Days: 5 days/week
  • Days Off: 2 days/week
  • Working Hours: 8:00 AM – 6:00 PM (including 1-hour break)

Job Requirements

Education

  • BSc in Finance or Accounting

Experience

  • 3+ years in a similar role (for MG), 5+ years (for SMG)

Computer Skills

  • MS Office Suite

Languages

  • English
  • Arabic
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Assistant Manager - Financial Analysis & Reporting

Dammam Lucy Group

Posted 12 days ago

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Job Description

Assistant Manager - Financial Analysis & Reporting

Internal Job Title:Assistant Manager (Financial Analysis & Reporting)

Business: Lucy Switchgear Arabia

Job Reference No: 4165

Job Purpose

•To provide timely & accurate financial information and reports

•Payroll Administration & Management

•Assist the FM in all matters related to Compliance, Reporting and Audit

Job Dimensions

Number of Staff Supervised:Direct Reports:One

Key Accountabilities

Monthly, quarterly and annual closure and preparation of management reports and financial statements are undertaken in a timely manner to meet strict group reporting deadlines. - Timeliness and accuracy

In coordination with the FM preparation and analysis of periodic cash forecasts, exceptional reporting, inventory & general provisioning. - Timeliness and accuracy

Process the employee payroll on a monthly basis and posting the same to appropriate general ledger accounts. - Timeliness and accuracy

Analyzing the collated data and filing of periodic VAT return and in coordination with the FM liaising with the consultant wherever needed. - Timeliness, accuracy and compliance

Controller and custodian of company’s GL and chart of accounts - Accuracy & correctness

Collaborate with the FM in the detailing and data accumulation work for the preparation of monthly reporting, quarterly forecasts, annual budgets by extensive excel based analytical reporting including dashboards. - Timeliness and accuracy

Work alongside the FM for any ad-hoc deliverables to support both internal and external financial and analytical reporting requirements. - Timeliness and accuracy

Collaborate with the FM in managing the yearly statutory audit process by preparation of schedules and coordinating with the auditors for smooth completion of audit. - T imeliness and accuracy

Assist the FM in ensuring compliance with all legal and statutory requirements and the ongoing development and implementation of internal controls and procedures across the business. - Timeliness, accuracy and compliance

Collaborate with the FM in liaising with the AX team for any AX related requirements as and when the need arises. - Value Addition to the existing process

Managing and mentoring the accountants

Job Context

The position is responsible to:

•Participate as a finance stake holder for the business in cross functional teams.

•Work well with stakeholders as well as with a variety of people and personality types.

Minimum Qualifications and Knowledge:

Degree in recognized accounting qualification (ACCA / ACA / CMA)

Minimum Experience: 10 years in a similar role

Job-Specific Skills: Financial Acumen, Eye for Details, Tech Savvy, Decisiveness, Analytical Thinking, Manage Deadlines, Methodical Approach, Accuracy, Effective Verbal & Written Communication, Innovation & Creativity, Commercial Awareness, Planning & Organizing, Maintain High Degree of Confidentiality.

Behavioral Competencies: Integrity & Ethics, Self-Motivation, Teamworking, Agility & Adaptability, Cultural Intelligence, Engaging & Developing People, Interpersonal sensitivity

Does this sound interesting? We would love to hear from you. Our application process in quick and easy. Apply today!

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Senior Manger - Financial Analysis (RES327)

Riyadh, Riyadh Qiddiya Investment Company

Posted 23 days ago

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Job Description

Qiddiya Investment Company is seeking a strategic and experienced Senior Manager - Financial Analysis to join our finance team. This pivotal role involves providing in-depth financial insights and analysis to support decision-making and strategic planning across our innovative projects. You will lead financial modeling, forecasting, and performance analysis to ensure the financial health and success of Qiddiya's initiatives.


Key Responsibilities:

  • Develop and maintain complex financial models for various projects and initiatives within Qiddiya.
  • Conduct thorough financial analysis and provide insights on key performance metrics.
  • Assist in the preparation of budgets, forecasts, and long-term financial plans.
  • Work closely with project managers to understand financial implications of strategic decisions.
  • Prepare and present detailed financial reports to stakeholders, including senior management.
  • Identify trends, risks, and opportunities for improvement in financial performance.
  • Support investment evaluation processes by assessing financial viability and potential returns.
  • Lead the financial due diligence process for potential acquisitions or partnerships.
  • Collaborate with other departments to ensure financial alignment with organizational goals.
  • Mentor and develop junior financial analysts within the team.

· Bachelor's degree in Finance, Accounting, or a related field (Master's degree or professional certification such as CFA or CPA preferred).

· Minimum of 9 -12 years of relative experience in financial analysis, investment analysis, or corporate finance within a large organization.

· Proven experience in financial modeling and forecasting.

· Strong analytical and problem-solving skills with an ability to provide strategic insights.

· Excellent verbal and written communication skills, with the capacity to present complex financial information clearly.

· Proficiency in financial software and advanced Excel skills.

· Strong understanding of accounting principles and financial regulations.

· Ability to manage multiple projects and priorities in a fast-paced environment.

· Experience in the entertainment, tourism, or infrastructure sectors is desirable.

Offering a comprehensive compensation and benefits package.

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Senior Manger - Financial Analysis (RES327)

Riyadh, Riyadh Qiddiya Investment Company

Posted today

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Job Description

Qiddiya Investment Company is seeking a strategic and experienced Senior Manager - Financial Analysis to join our finance team. This pivotal role involves providing in-depth financial insights and analysis to support decision-making and strategic planning across our innovative projects. You will lead financial modeling, forecasting, and performance analysis to ensure the financial health and success of Qiddiya's initiatives.


Key Responsibilities:

  • Develop and maintain complex financial models for various projects and initiatives within Qiddiya.
  • Conduct thorough financial analysis and provide insights on key performance metrics.
  • Assist in the preparation of budgets, forecasts, and long-term financial plans.
  • Work closely with project managers to understand financial implications of strategic decisions.
  • Prepare and present detailed financial reports to stakeholders, including senior management.
  • Identify trends, risks, and opportunities for improvement in financial performance.
  • Support investment evaluation processes by assessing financial viability and potential returns.
  • Lead the financial due diligence process for potential acquisitions or partnerships.
  • Collaborate with other departments to ensure financial alignment with organizational goals.
  • Mentor and develop junior financial analysts within the team.

· Bachelor's degree in Finance, Accounting, or a related field (Master's degree or professional certification such as CFA or CPA preferred).

· Minimum of 9 -12 years of relative experience in financial analysis, investment analysis, or corporate finance within a large organization.

· Proven experience in financial modeling and forecasting.

· Strong analytical and problem-solving skills with an ability to provide strategic insights.

· Excellent verbal and written communication skills, with the capacity to present complex financial information clearly.

· Proficiency in financial software and advanced Excel skills.

· Strong understanding of accounting principles and financial regulations.

· Ability to manage multiple projects and priorities in a fast-paced environment.

· Experience in the entertainment, tourism, or infrastructure sectors is desirable.

Offering a comprehensive compensation and benefits package.

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