Join Our Team as a Cost AccountantFuel Professional Consulting is seeking a detail-oriented and analytical Cost Accountant to join our engineering services team in Riyadh. This role is crucial in supporting management with cost analysis and operational efficiency.
Job Objective:To prepare and analyze direct and indirect costs related to projects and services, ensuring accurate unit costs to aid in pricing decisions and expense control.
Key Duties and Responsibilities:- Collect data on costs, including materials, labor, and operational expenses.
- Set up cost centers and monitor spending for each department or project.
- Calculate unit costs of projects or services periodically.
- Analyze variances between actual and planned costs and propose corrective actions.
- Prepare periodic reports, including monthly project cost reports and variance analysis reports.
- Contribute to the preparation and monitoring of budgets.
- Recommend cost reduction initiatives and efficiency improvements.
- Collaborate with procurement, HR, and project teams to ensure cost control.
- Ensure compliance with accounting standards and local regulations.
Qualifications and Requirements:- Bachelor’s degree in Accounting, Finance, or a related field.
- 24 years of practical experience in cost accounting or service/industrial accounting.
- Strong knowledge of costing systems.
- Familiarity with IFRS standards.
- Proficiency in ERP systems (preferably Odoo or similar).
- Strong analytical and financial reporting skills in Excel.
Behavioral Skills:- Accuracy and attention to detail.
- Analytical thinking and problem-solving abilities.
- Ability to work under pressure.
- Strong communication and collaboration skills.
This is a full-time, office-based position located in Riyadh. We encourage interested candidates to apply and join our dynamic team.
