54 Cost Controller jobs in Saudi Arabia

Company Description

UNITED EMDADAT NEBRAS is Saudi-owned company with a team of highly skilled employees who specialize in Mechanical, E&I, and Civil Construction, focusing on Industrial projects. We possess the necessary skills, knowledge, and equipment to meet any general construction requirement. Our team members have years of hands-on experience, enabling us to deliver expert solutions.

Role Description

This is a full-time on-site role for a Cost Controller located in Jubail. The Cost Controller will be responsible for managing and monitoring costs in the construction projects. Day-to-day tasks include performing cost control, preparing cost accounting reports, analyzing financial data, and implementing cost management strategies. The role requires close coordination with project teams to ensure financial efficiency and project cost adherence.

Qualifications

• Expertise in Cost Control and Cost Accounting
• Strong Analytical Skills
• Proficiency in Finance and Cost Management
• Excellent numerical and data management skills
• Ability to work effectively in a team and independently
• Experience in construction or industrial project cost control is a benefit
• Bachelor's degree

POSITION OBJECTIVE - The position is responsible for overseeing the day-to-day execution of general ledger impacted processes, including support to clients/departments as they work with and understand these processes. - Perform accounting functions specifically in the areas of account balancing, ledger reconciliation, reporting and discrepancy resolution. - Perform in areas relating to general ledgers, subsidiary ledgers and related reporting.

Key Responsibilities:

- Responsible for doing monthly  book closing by end of the month for previous month.

- Responsible for Bank reconciliation by closing by end of the month for previous month.

- Responsible for Group Company Account Reconciliation by end of the month for previous month.

- Internal Audit and query resolution of Internal Audit.

- Fixed assets booking and maintaining fixed assets register.

- MIS (daily, weekly, fortnight and monthly) .

- Vendor management and vendor reconciliation.

- Finalization of accounts.

- Ensure final settlement is close within the cut-off day from the date of last working day of employee.

- Ledger Scrutiny: ensure books are up to date and free from errors and omissions.

- Advances if any adjusted against subsequent payment.

- Cost control and Reduction.

- Budgeting.

About the Role
: The role involves managing and controlling product costing, inventory valuation, and cost analysis activities, ensuring accurate and timely financial reporting. It supports Entaj's management by providing insights into production efficiency, cost optimization, and profitability improvement.

Responsibilities
:

• Perform month-end closing activities related to cost accounting, including calculation and validation of cost of goods sold (COGS).
• Review standard and actual product costs and analyze variances to identify root causes and recommend corrective actions.
• Prepare cost estimates for new and proposed products, including raw materials, labor, and overhead allocations.
• Ensure all production costs are properly captured and reflected in product costing and sales margins.
• Oversee the valuation of raw materials, work-in-progress, and finished goods inventory.
• Conduct physical counts, reconciliations, and ensure timely reporting of inventory balances.
• Monitor purchasing prices of raw materials, equipment, and supplies to ensure accurate valuation and cost control.
• Analyze overhead and variable costs to ensure efficiency and accuracy of allocations.
• Monitor manufacturing expenses and recommend improvements to optimize resource utilization without compromising quality.
• Compile cost data to support operating budgets and financial forecasts.
• Compare actual costs with budgeted figures and provide variance analysis for management review.
• Prepare regular reports on cost performance, efficiency, and profitability by product and business unit.
• Provide management with insights into cost drivers and opportunities for cost reduction.
• Ensure costing practices comply with IFRS and company policies.
• Maintain strong internal controls to safeguard accuracy and integrity of cost data.

Qualifications
:

• Bachelor's degree in Accounting, Finance, or related field (CMA preferred).
• 5–7 years of experience in costing, cost accounting, or financial analysis, preferably in manufacturing or agribusiness.
• Strong knowledge of cost accounting and product costing methodologies.
• Proficiency in ERP systems (SAP preferred) and Microsoft Excel.
• Analytical skills with ability to interpret cost data and provide recommendations.
• Strong organizational and problem-solving abilities.
• Knowledge of IFRS and cost control standards.

Company Description

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Role Description

This is a full-time role for a Cost Controller, based on-site in Dammam. The Cost Controller will be responsible for monitoring and analyzing the costs associated with the company's operations. Daily tasks include cost control, implementing cost management strategies, conducting cost accounting activities, analyzing financial data, and generating reports to aid in financial decision making.

Qualifications

• Proficiency in Cost Control and Cost Accounting
• Strong Analytical Skills
• Experience in Finance and Cost Management
• Excellent attention to detail and organizational skills
• Strong communication and interpersonal skills
• Bachelor's degree in Accounting, Finance, or related field
• Experience in the food and beverage industry is a plus

Company Description

Established in 2000 in Turkey, Rixos pioneers the 'ALL Inclusive, ALL Exclusive' concept, inviting guests to discover a world of possibilities, with luxurious stays, inclusive of culinary delights from around the globe, live entertainment, daily sports, and fitness activities, sensorial spa and wellness journeys and fun-filled kids and teens activities. Each Rixos property presents a unique experience inspired by local culture, global influences, and our Turkish heritage, all within a setting of unparalleled luxury.

Job Description

• Organization of financial administration.
• Co-ordination with Corporate Finance.
• The following responsibilities within the frame work of: Planning and organizing, communication, general responsibilities and administration.
• Proper grooming at all times
• Attend training classes as per schedule
• Show fullest cooperation and respect within the team and other departments
• Is aware of the daily activities and has product knowledge of all the hotel facilities
• To ensure a smooth operation of the food and beverage department through organization and administration
• Implements and keeps an internal control and audit system, which will ensure the efficient supervision of the food and beverage controls and costs.
• Maintains effective employee relations.
• Prepares and controls work schedules.
• To facilitate human resources development and maintain effective communication within the department and with other departments in the Hotel.
• Receives and verifies the suppliers' invoices and monthly statements matching invoices and receiving slips against purchase orders and market listings. All goods received without an invoice are registered separately as goods received without an invoice. Prepares accounts payable vouchers.
• Controls and registers the flow of goods in and out from the following areas: receiving, storerooms, main kitchen, F&B outlets.
• Participates in the monthly, quarterly and year end inventories. The physical inventory reports are prepared for the following: food, beverages, mini-bar, operating supplies and S.O.E. Perpetual inventories are undertaken whenever necessary.
• Establishes the daily and monthly food & beverage costs per outlet and the daily profit and loss statement per outlet if any are monitored.
• Cost's all recipes before implementing a new dish on a menu. For special events (festivals, new years party, etc, the cost controller has to establish a provisional P&L statement.
• Establishes the sales statistics on a daily and monthly basis. Slow moving items, high cost items and low cost items are discussed with the Director of F&B.
• Analyses outlet activity on a monthly basis, establishing the monthly profit and loss statement per outlet. The analysis should include revenue, sales costs, payroll, S.O.E., other expenses and productivity.
• Prepares the month end closing reports for the following: food, beverage, mini bar and operating supplies. Takes care of month end adjustments and related functions in coordination with the Assistant Chief Accountant.
• Performs any additional duties as requested by the Chief Accountant.

Qualifications

Bachelor in Finance or degree in vocational hospitality, 3 – 5 years experience in 4-5 star Hotel.

Company Description
Established in 2000 in Turkey, Rixos pioneers the 'ALL Inclusive, ALL Exclusive' concept, inviting guests to discover a world of possibilities, with luxurious stays, inclusive of culinary delights from around the globe, live entertainment, daily sports, and fitness activities, sensorial spa and wellness journeys and fun-filled kids and teens activities. Each Rixos property presents a unique experience inspired by local culture, global influences, and our Turkish heritage, all within a setting of unparalleled luxury.

Job Description

• Organization of financial administration.
• Co-ordination with Corporate Finance.
• The following responsibilities within the frame work of: Planning and organizing, communication, general responsibilities and administration.
• Proper grooming at all times
• Attend training classes as per schedule
• Show fullest cooperation and respect within the team and other departments
• Is aware of the daily activities and has product knowledge of all the hotel facilities
• To ensure a smooth operation of the food and beverage department through organization and administration
• Implements and keeps an internal control and audit system, which will ensure the efficient supervision of the food and beverage controls and costs.
• Maintains effective employee relations.
• Prepares and controls work schedules.
• To facilitate human resources development and maintain effective communication within the department and with other departments in the Hotel.
• Receives and verifies the suppliers' invoices and monthly statements matching invoices and receiving slips against purchase orders and market listings. All goods received without an invoice are registered separately as goods received without an invoice. Prepares accounts payable vouchers.
• Controls and registers the flow of goods in and out from the following areas: receiving, storerooms, main kitchen, F&B outlets.
• Participates in the monthly, quarterly and year end inventories. The physical inventory reports are prepared for the following: food, beverages, mini-bar, operating supplies and S.O.E. Perpetual inventories are undertaken whenever necessary.
• Establishes the daily and monthly food & beverage costs per outlet and the daily profit and loss statement per outlet if any are monitored.
• Cost's all recipes before implementing a new dish on a menu. For special events (festivals, new years party, etc, the cost controller has to establish a provisional P&L statement.
• Establishes the sales statistics on a daily and monthly basis. Slow moving items, high cost items and low cost items are discussed with the Director of F&B.
• Analyses outlet activity on a monthly basis, establishing the monthly profit and loss statement per outlet. The analysis should include revenue, sales costs, payroll, S.O.E., other expenses and productivity.
• Prepares the month end closing reports for the following: food, beverage, mini bar and operating supplies. Takes care of month end adjustments and related functions in coordination with the Assistant Chief Accountant.
• Performs any additional duties as requested by the Chief Accountant.

Qualifications

Bachelor in Finance or degree in vocational hospitality, 3 – 5 years experience in 4-5 star Hotel.

Parsons is looking for an amazingly talented Cost Controller - Saudi National to join our team In this role you will be responsible for cost estimating, analysis and control activities. Supports project organizational and administrative activities.

What You'll Be Doing:

• Provides input and recommendations for cost engineering requirements relative to staffing and project control for the full range of cost engineering activities.
• Prepares detailed manpower work plans for cost engineering activities.
• Reviews as directed cost engineering and material control related provisions of proposals and develops supporting data for contract negotiations.
• Prepares cost presentations and interfaces with designated management and client counterparts for specific cost engineering tasks.
• Responsible for the timely and competent performance of cost estimates.
• Establishes the conceptual scope of estimates and studies.
• Prepares and analyzes comparisons of scope, quantities and cost data between projects.
• Coordinates and establishes coping requirements for the overall cost estimate by discipline or other specialty and coordinates the timely, systematic and complete acquisition of scope definition and related data.
• Supervises the preparation of project cost budgets for compliance with budgeting standards, completeness and accuracy.
• Supervises cost recording, monitoring, and reporting practices for compliance with applicable standards.
• Supervises investigating requirements for estimating and/or cost control data for specific discipline or other specialty applications.
• Identifies needs for cost analysis support for the project and recommends development of modification of cost engineering data standards.
• Assists in developing unit manhour and pricing data for a specific discipline or other specialty, including estimating parameters, factors indices, productivity and craft distribution reference data, etc. based on analysis of company and industry experience. Performs data analysis. Identifies problems and makes recommendations.

What Required Skills You'll Bring:

• Bachelor degree in Engineering or Construction Management or related field
• 3-7 years of experience performing, monitoring, reviewing and presenting project cost engineering functions which include cost estimating, cost control, cost analysis and proposal activities with demonstrated skill in establishing criteria, planning and supervising project cost engineering activities.
• Experience and demonstrated skill in supervising cost estimates, cost control, and overall project reporting activities.
• Knowledge of engineering, construction, and business management techniques customarily acquired by prolonged course of specialized instruction.
• Knowledgeable of current industry and technical development.

br> What Desired Skills You'll Bring:

• Ability to perform standard estimating activities typical to the engineering and construction industry is required.
• Familiarity with typical project controls software such as Primavera scheduling software, Estimate/Schedule Transfer tools, Contract Manager, and DMCS (Document and Materials Control System) is preferred.
• Must have a clear understanding of, and ability to work with, construction contract commercial documents, drawings and specifications.

In a world of possibilities, pursue one with endless opportunities. Imagine Next

When it comes to what you want in your career, if you can imagine it, you can do it at Parsons. Imagine a career working with intelligent, diverse people sharing a common quest. Imagine a workplace where you can be yourself. Where you can thrive. Where you can find your next, right now. We've got what you're looking for.

Job Description:

Parsons is looking for an amazingly talented Cost Controller - Saudi National to join our team In this role you will be responsible for cost estimating, analysis and control activities. Supports project organizational and administrative activities.

What You'll Be Doing:

• Provides input and recommendations for cost engineering requirements relative to staffing and project control for the full range of cost engineering activities.
• Prepares detailed manpower work plans for cost engineering activities.
• Reviews as directed cost engineering and material control related provisions of proposals and develops supporting data for contract negotiations.
• Prepares cost presentations and interfaces with designated management and client counterparts for specific cost engineering tasks.
• Responsible for the timely and competent performance of cost estimates.
• Establishes the conceptual scope of estimates and studies.
• Prepares and analyzes comparisons of scope, quantities and cost data between projects.
• Coordinates and establishes coping requirements for the overall cost estimate by discipline or other specialty and coordinates the timely, systematic and complete acquisition of scope definition and related data.
• Supervises the preparation of project cost budgets for compliance with budgeting standards, completeness and accuracy.
• Supervises cost recording, monitoring, and reporting practices for compliance with applicable standards.
• Supervises investigating requirements for estimating and/or cost control data for specific discipline or other specialty applications.
• Identifies needs for cost analysis support for the project and recommends development of modification of cost engineering data standards.
• Assists in developing unit manhour and pricing data for a specific discipline or other specialty, including estimating parameters, factors indices, productivity and craft distribution reference data, etc. based on analysis of company and industry experience. Performs data analysis. Identifies problems and makes recommendations.

What Required Skills You'll Bring:

• Bachelor degree in Engineering or Construction Management or related field
• 3-7 years of experience performing, monitoring, reviewing and presenting project cost engineering functions which include cost estimating, cost control, cost analysis and proposal activities with demonstrated skill in establishing criteria, planning and supervising project cost engineering activities.
• Experience and demonstrated skill in supervising cost estimates, cost control, and overall project reporting activities.
• Knowledge of engineering, construction, and business management techniques customarily acquired by prolonged course of specialized instruction.
• Knowledgeable of current industry and technical development.

What Desired Skills You'll Bring:

• Ability to perform standard estimating activities typical to the engineering and construction industry is required.
• Familiarity with typical project controls software such as Primavera scheduling software, Estimate/Schedule Transfer tools, Contract Manager, and DMCS (Document and Materials Control System) is preferred.
• Must have a clear understanding of, and ability to work with, construction contract commercial documents, drawings and specifications.

Parsons equally employs representation at all job levels no matter the race, color, religion, sex (including pregnancy), national origin, age, disability or genetic information.

We truly invest and care about our employee's wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars Imagine next and join the Parsons quest—APPLY TODAY

Parsons is aware of fraudulent recruitment practices. To learn more about recruitment fraud and how to report it, please refer to .

Cost of Goods Sold

• Maintain a system of financial internal controls
• Monitor and analyze branch and brand-level F&B cost reports
• Analyze COGS variance from Theo's cost to the actual and the reason for the variance
• Ensure all allocations are adjusted in the COGS reports (Warehouse, Write Off, Central Kitchen, Credit note)
• Monitor and review spoilage, wastage, and usage on daily basis
• Prepare Ad hoc reports as requested by management and provide the required support to the operations for smooth functioning
• Monitor costs, compare them to the budget, and take note of variances

Recipes and costing

• Ensure accurate recipe costing and menu item linking in the system and review it on a periodic basis
• Verify recipes, check for actual consumption vs the recipe defined in SAP
• Perform yield test of top-selling recipe portions in comparison to approved recipes for all the branches on regular basis to make sure that the standard portions are followed
• Conduct variance analysis and rectifications, identify the ingredient level inventory variance, and highlight solutions to the operations as a part of inventory reconciliation
• Coordinate with R&I for any new menu update requests, and verify the new recipes
• Agree on all prices on supplier invoices purchase requisitions or the master price list from the accounts department
• Liaise with branches for ordering sheets and other Adhoc requirements

Stock Reconciliation

• Monitor the price fluctuation every week and prepare & share the COGS impact every week
• Verification of weekly transfer report against the issue request from outlet and circulate to branches for confirmation
• Escalate any regular cash purchase on certain items that has a regular supply
• Monitor timely posting of all branch transfers
• Investigate, document stock variance, and take corrective actions

Others

• Support annual budget activity for the COGS budget
• Support in FP&A activity by providing timely input and action plan