Costing Section Manager

Alfanar Projects; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading global project developer is seeking a Cost Accountant to manage cost monitoring and analysis, budgeting, and financial reporting for its Dubai operations. The ideal candidate will have over 5 years of experience in cost accounting, proficiency in SAP and Power BI, and excellent communication skills. This role plays a critical part in optimizing costs to support strategic project development across various sectors.

Qualifications

• 5+ years of cost accounting experience.
• Good experience in reporting.
• Experience in a company with SAR 200 million turnover.

Responsibilities

• Monitor and analyze site operational costs.
• Assist in the preparation of annual budgets and forecasts.
• Prepare monthly and quarterly financial reports.

Skills

Financial Analysis

Cost Monitoring

Budgeting

Reporting

Inventory Management

Team Handling

English Communication

Education

Bachelor's Degree in Accounting or Finance

Tools

SAP

Power BI

Job description

Job Location - Jubail , Saudia Arabia

Roles and Responsibilities

Cost Monitoring and Analysis:

• Monitor and analyze site operational costs to ensure accuracy and efficiency.
• Identify cost-saving opportunities and recommend solutions to management.
• Analyze variances between actual and budgeted costs and provide explanations for discrepancies.

Budgeting and Forecasting:

• Assist in the preparation of annual budgets and forecasts for site operations.
• Collaborate with cross-functional teams to gather relevant data and assumptions for budgeting purposes.
• Monitor budget performance and provide regular updates to management.

Inventory Management:

• Oversee inventory accounting processes, including valuation, reconciliation, and reporting.
• Conduct periodic physical inventory counts and reconcile discrepancies.
• Analyze inventory levels and make recommendations for optimization.

Financial Reporting:

• Prepare monthly, quarterly, and annual financial reports for site operations.
• Provide financial analysis and insights to support decision-making.
• Ensure compliance with accounting standards and company policies.

Receivables Management:

• Collaborate with operations teams to resolve billing discrepancies and disputes.
• Monitor accounts receivable aging and follow up on overdue invoices.

Key Responsibilities:

• Analyze direct and indirect costs, and report on cost variances.
• Help plan production capacity to meet demand efficiently.
• Support budgeting and forecasting activities.
• Develop and manage cost structures, including Bill of Materials (BOM) and routing.
• Participate in project tendering by providing accurate cost estimates.
• Evaluate stock and ensure accurate inventory records.

Qualifications:

• 5+ years of cost accounting experience.
• Good Experience in Reporting
• Experience in a company with a turnover of at least SAR 200 million.
• Experience in SAP is a must
• Experience in Power BI is must
• Experience in Team Handling is must
• Excellent English communication skills.

Why Join Alfanar Projects

Since 1976, we’ve grown and diversified our business to meet the evolving needs of a changing world. Alfanar Projects is an integrated global project developer and engineering, construction, and technology solutions provider with a robust portfolio of landmark projects across the energy, water, and infrastructure sectors.

From Saudi Arabia to the rest of the world, we work closely with governments and partners to deliver strategic projects that support national goals and long-term visions. Our work directly contributes to sustainable development and infrastructure modernization in multiple countries.

At the heart of our success are more than 10,000 professionals, diverse, skilled, and united by purpose. Our global teams are committed to delivering impact-driven solutions that shape a better, more sustainable future.