Cost Controller

PlaceUp; Riyadh; On-site; SAR 120,000 - 150,000; Full time

Job summary

A reputable firm in FMCG is seeking a detail-oriented Cost Controller for their operations in Saudi Arabia. You will manage cost accounting, budgeting, and variance analysis, supporting management's decision-making and cost optimization efforts. The ideal candidate has a degree in Accounting or Finance and 4-7 years of relevant experience, particularly in the FMCG sector. Strong communication and analytical skills are essential, along with proficiency in ERP systems like SAP or Oracle.

Qualifications

• 4-7 years of experience in cost control or management accounting, preferably within the FMCG sector.
• Strong understanding of manufacturing cost structures, bill of materials, and standard costing.
• Experience with budgeting, forecasting, and variance analysis.

Responsibilities

• Monitor, analyze, and control production and operational costs.
• Develop and maintain standard cost models for raw materials, packaging, labor, and overheads.
• Prepare detailed cost variance reports and identify root causes of deviations.

Skills

Detail-oriented

Analytical mindset

Strong communication skills

Cross-functional collaboration

Education

Bachelors degree in Accounting, Finance, or related field (CMA or ACCA preferred)

Tools

ERP systems (SAP, Oracle, or equivalent)

Advanced Excel skills

Job description

We are seeking a detail-oriented and analytical Cost Controller to manage cost accounting, budgeting, and variance analysis across our FMCG operations. The ideal candidate will have a strong understanding of production costing, supply chain finance, and margin analysis to support management in decision-making and cost optimization.

Responsibilities

• Monitor, analyze, and control production and operational costs across manufacturing and distribution functions
• Develop and maintain standard cost models for raw materials, packaging, labor, and overheads
• Prepare detailed cost variance reports (actual vs. budget) and identify root causes of deviations
• Collaborate with procurement, supply chain, and production teams to ensure accurate costing data
• Support monthly, quarterly, and annual financial closing processes with accurate cost data and accruals
• Evaluate new product costing and provide input during pricing and product development stages
• Review and analyze manufacturing efficiency, waste levels, and yield reports
• Maintain cost allocation processes and ensure consistency across departments
• Assist in budgeting and forecasting by providing reliable cost projections
• Ensure compliance with internal financial controls, audit requirements, and company policies

Requirements

• Bachelors degree in Accounting, Finance, or related field (CMA or ACCA preferred)
• 4 -7 years of experience in cost control or management accounting, preferably within the FMCG sector
• Strong understanding of manufacturing cost structures, bill of materials, and standard costing
• Proficiency in ERP systems (SAP, Oracle, or equivalent) and advanced Excel skills
• Analytical mindset with excellent attention to detail
• Strong communication and cross-functional collaboration skills
• Experience with budgeting, forecasting, and variance analysis in a fast-paced environment