Accounting Jobs in Saudi Arabia

Job Title:
Pricing Engineer - Information Technology Sector
Job Objective:
Prepare and analyze price offers and calculate the estimated cost of projects, products, and services in the information technology sector, ensuring a balance between price competitiveness and company profitability, and supporting the sales and bidding team in winning projects.
Duties and Responsibilities:

1. Study Requests for Proposals (RFPs, RFQs) and analyze technical and financial requirements.
2. Price quantity tables for government projects.
3. Prepare pricing tables and financial offers for projects and products (devices, systems, software solutions, support and maintenance services).
4. Coordinate with technical teams (infrastructure, networks, cybersecurity, software) to understand needs and estimate required resources.
5. Communicate with suppliers and partners to obtain price quotes and compare prices and discounts.
6. Prepare cost analysis and calculate the expected profit margin for each project.
7. Contribute to the formulation of technical and financial offers and submit them on time.
8. Monitor market prices and compare competitors to update pricing strategies.
9. Ensure compliance with company policies and pricing procedures and adhere to contractual terms.
10. Support the sales team by providing data and reports related to cost and profitability.
11. Contribute to improving pricing templates and developing cost and profit calculation tools.

Qualifications and Experience:

• Computer Engineering, Information Technology, or a related field.
• Experience (3–5 years) in pricing, bidding, or cost management in the information technology field.
• Good knowledge of technical solutions (networks, cybersecurity, data centers, cloud computing, software).
• Proficiency in data preparation and analysis using Excel and other analytical tools.
• Ability to prepare clear and accurate financial reports.
• Strong negotiation skills with suppliers and partners.
• .

Personal Skills:

• High accuracy in work and attention to detail.
• Strong analytical skills.
• Ability to work under pressure and meet deadlines.
• Excellent communication and coordination skills with various teams.

• Monitor and control project costs to meet budgeting targets.
• Prepare comprehensive financial reports and forecasts.
• Utilize cost control software such as Primavera, SAP, or similar.
• Analyze financial data to guide project decision-making.

• Bachelor’s Degree in Civil Engineering.
• More than 7 years of experience in cost monitoring and financial reporting.
• Proficient in MS Office and strong analytical skills.
• Professional proficiency in English; Arabic is a plus.

• Bookkeeping & Financial Management: Record day-to-day financial transactions, maintain ledgers, journals and trial balances in accordance with Saudi GAAP / IFRS.
• Accounts Payable & Receivable: Manage vendor invoices, ensure timely payments, and reconcile vendor accounts.
• Taxation & Compliance: Ensure timely filing of VAT returns and compliance with ZATCA regulations.
• Banking & Reconciliation: Reconcile bank statements and manage cash flows.
• Inventory & Cost Control: Coordinate with stores and production to manage stock valuation and material costing.
• Financial Reporting: Prepare monthly MIS, profit & loss statements, and management reports.

• Bachelor’s Degree in Accounting / Finance (CPA, CMA, or SOCPA preferred).
• 3–5 years of relevant experience, preferably in a manufacturing or industrial automation company in Saudi Arabia.
• Proficiency in accounting software (Tally, SAP, QuickBooks) and MS Excel.
• In-depth knowledge of Saudi VAT and WHT regulations.
• Strong organizational, analytical, and communication skills.

• Preparing monthly VAT returns.
• Preparing WHT returns.
• Preparing payment vouchers, checks, and journal entries.
• Following up on advance payments to suppliers/employees.
• Reconciling the book of accounts.
• Recording bank deposits and updating cash receipt logs.
• Posting cash to the accounts receivable sub-ledger.
• Performing daily AP reconciliations.
• Preparing monthly/weekly payment forecast reports in collaboration with sales, operations, and procurement teams.
• Handling petty cash.
• Preparing AP aging and following up with procurement departments and suppliers.
• Assisting with monthly and yearly closing processes.
• Any other tasks as assigned by the team lead/CA.

• Bachelor's degree in accounting or finance.
• At least 2 years of experience in a similar position.
• Proficiency in English is a must.
• High proficiency in Excel.
• Effective communication and reporting skills.
• Flexibility and adaptability.
• Proactive approach to resolving issues.
• Knowledge about VAT and WHT.

• Prepare profit and loss statements and monthly closing reports.
• Compile and analyze financial information for account entries.
• Establish and coordinate the implementation of accounting control procedures.
• Monitor and review accounting reports for accuracy and completeness.
• Prepare and review budgets, revenue, and expense entries.
• Resolve accounting discrepancies.
• Interact with internal and external auditors.
• Ensure compliance with all HSE rules and encourage reporting of unsafe acts.

• Oversee project cost estimation and forecasting for engineering, procurement, and construction in major Oil and Gas/Petrochemical projects.
• Evaluate and consult on cost estimation issues.
• Collaborate closely with the Project Management team.

• Bachelor’s Degree in Engineering.
• At least 12 years of experience, with a minimum of 8 years in project cost estimation for Oil and Gas/Petrochemical projects.
• Experience in project controls at a similar level.
• Proficient in MS Office and Primavera P6.

• Develop and implement cost control strategies and procedures for effective financial management.
• Monitor and analyze financial data to identify cost-saving opportunities.
• Prepare and present financial reports, budget forecasts, and variance analysis to senior management.
• Coordinate with project managers to track and control project costs.
• Review and approve purchase orders, invoices, and expense reports.
• Conduct regular audits of financial records to resolve discrepancies.
• Train and mentor cost control staff on procedures.
• Collaborate with teams to develop cost reduction initiatives.
• Stay updated on industry trends and best practices in cost control.
• Provide guidance to the finance team on cost control matters.

• Bachelor or Master Degree in Accounting or Engineering.
• Minimum 15 years experience in related field.
• Extensive knowledge in project cost management.
• Excellent negotiation and communication skills in Arabic and English.