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Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationRiyadh
Join Our Team as a Cost Accountant
Fuel 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.

Requirements

  • Requires 2-5 Years experience

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