Cost Accounting Manager

Confidential; Riyadh; On-site; SAR 300,000 - 420,000; Full time

Job summary

Confidential is seeking a seasoned Project & Cost Accounting Manager to oversee multi-project accounting and cost control. You will lead a team, drive budgeting, forecasting, and cost analyses, while ensuring IFRS compliance and strong financial governance.

The role requires 8+ years in finance/accounting with CPA/SOCPA/ACCA/CMA qualifications preferred and hands-on experience with ERP systems and advanced Excel.

Qualifications

• 8+ years of relevant Finance/Accounting experience.
• Strong expertise in Project & Cost Accounting.
• IFRS knowledge and financial controls experience.

Responsibilities

• Lead project accounting and cost management across multiple projects.
• Oversee project costing, budgeting, variance analysis, and WIP.
• Manage CAPEX, asset capitalization, and project expenditures.

Skills

Project accounting

Cost management

Leadership

Communication

IFRS knowledge

Analytical skills

Excel

Education

Bachelor's degree in Accounting/Finance

Tools

ERP systems

Job description

We're Hiring | Project & Cost Accounting Manager

Department: Finance – Financial Control

We are seeking an experienced Project & Cost Accounting Manager to lead project accounting, cost management, and financial oversight across multiple projects and business units.

Key Responsibilities:

• Lead project accounting and cost management activities across multiple projects.
• Oversee project costing, cost allocation, budgeting, and variance analysis.
• Manage CAPEX, Work-in-Progress (WIP), asset capitalization, and project expenditure.
• Conduct financial feasibility assessments, cost estimates, and financial analysis.
• Monitor project financial performance, identify cost risks, and provide management insights.
• Ensure compliance with IFRS, financial controls, and accounting policies.
• Lead and develop the Project & Cost Accounting team.

Requirements:

• Bachelor's degree in Accounting, Finance, or a related field.
• 8+ years of relevant Finance / Accounting experience, with strong expertise in Project & Cost Accounting.
• Professional qualification such as SOCPA, CPA, CMA, ACCA, or equivalent.
• Proven experience in CAPEX, WIP, capitalization, project costing, and financial feasibility.
• Experience managing accounting or finance teams.
• Strong knowledge of IFRS, ERP systems, and advanced Excel.
• Excellent analytical, leadership, and communication skills.

Preferred Industry Experience: