Cost Controller

ABYAT; Dammam; On-site; SAR 50,000 - 90,000; Full time

Job summary

An established industry player in the retail sector is seeking a dedicated Cost Controller to enhance its operational efficiency. This role is crucial for managing and analyzing production costs, ensuring accurate cost allocation, and providing insightful financial analysis to support decision-making. The ideal candidate will have a strong background in cost accounting, financial analysis, and ERP systems, along with a proactive mindset for continuous improvement. Join a dynamic team that values innovation and excellence in a rapidly growing market, and play a key role in shaping the future of retail operations.

Qualifications

• 3-5 years of experience in cost control or financial analysis.
• Proficiency in ERP systems and strong analytical skills.

Responsibilities

• Monitor and control production costs across various categories.
• Prepare monthly and quarterly cost reports for management.

Skills

Cost Accounting Principles

Financial Analysis

Analytical Skills

Problem-Solving Skills

Communication Skills

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Bachelor's degree in Industrial Engineering

Tools

ERP Systems (SAP, Oracle, Microsoft Dynamics)

Advanced Excel

Job description

Join the Team at ABYAT - Your Gateway to Retail Excellence!

About us

Are you ready to be part of the largest retail store in the Middle East? ABYAT, spanning an impressive 22,000 square meters and offering over 22,000 products, is your one-stop destination for all things home improvement and more. From elegant tiles and captivating wallpapers to state-of-the-art lighting solutions and stylish kitchen fixtures, we pride ourselves on offering a diverse array of top-quality products under one roof.

Established locally with a vision for excellence, ABYAT has been setting benchmarks since its inception in September 2005. With an unwavering focus on our customers, we've crafted an experience that revolves around their needs, from our meticulously designed store layouts to our unparalleled service offerings.

Expanding beyond our roots in Kuwait, ABYAT is now making waves in Saudi Arabia and setting our sights on Qatar and the UAE. As we continue to grow, we're seeking passionate individuals to join our dynamic team and contribute to our journey of success.

Position: Cost Controller

Location: DMM - KSA

Type: Full-time

Role:

The Cost Controller plays a key role in managing and analyzing the cost structure of the production and manufacturing operations. This role ensures accurate cost allocation, controls production expenses, and provides insightful financial analysis to support decision-making and improve operational efficiency. It is involved of collaboration with production, procurement, inventory, and finance teams.

Key Responsibilities:

• Monitor and control production costs across raw materials, labor, overhead, and logistics.
• Maintain and update standard costing for all manufactured products.
• Analyze and compare actual vs. standard costs and report variances to management.
• Prepare monthly and quarterly cost reports, including cost of goods manufactured (COGM) and cost of goods sold (COGS).
• Work closely with the production and procurement teams to monitor waste, overuse, or inefficiencies in material and resource usage.
• Support the budgeting and forecasting processes for production costs.
• Conduct cost analysis for new products, product changes, or process improvements.
• Evaluate production performance and suggest improvements to reduce cost without compromising quality.
• Ensure proper inventory valuation and participate in regular stock counts and reconciliations.
• Support internal and external audits by providing necessary cost-related documentation and analysis.
• Assist in pricing decisions by providing detailed cost analysis to ensure profitability.

Qualifications:

• Bachelor's degree in Accounting, Finance, Industrial Engineering, or a related field.
• 3–5 years of proven experience in cost control or financial analysis, preferably in a manufacturing or production environment.
• Strong knowledge of cost accounting principles and manufacturing processes.
• Proficiency in ERP systems (e.g., SAP, Oracle, Microsoft Dynamics) and advanced Excel skills.
• Strong analytical, numerical, and problem-solving skills.
• Ability to communicate complex data in a clear, concise manner to non-financial stakeholders.
• Detail-oriented with a proactive and continuous improvement mindset.
• Professional certification such as CMA or CPA is a plus.
• Experience with lean manufacturing principles and operational efficiency analysis.
• Familiarity with inventory management systems and production workflows.