We are seeking a Regional Cost Controller based in Riyadh, Saudi Arabia, to drive cost transparency, financial discipline, and operational efficiency across the Middle East and Africa (MEA) region. The successful candidate will play a key role in monitoring and analyzing operational costs, supporting strategic decision-making, strengthening financial controls, and partnering with country finance teams and business leaders to enhance profitability and performance across the region.
Key Responsibilities
- Monitor, analyze, and control operational, logistics, warehousing, transportation, and administrative costs across all countries within the region.
- Collect, consolidate, and validate monthly cost data from country finance teams.
- Perform detailed variance analysis against budget, forecast, and prior-year performance.
- Investigate significant cost fluctuations and identify root causes, risks, and opportunities.
- Review and challenge cost assumptions, explanations, and analyses submitted by country teams to ensure consistency and accuracy.
- Drive regional benchmarking initiatives to identify cost optimization opportunities and best practices.
- Monitor cost-saving initiatives and track savings achieved against objectives.
- Prepare regional cost performance dashboards, reports, and presentations for management and leadership reviews.
- Partner with stakeholders to develop corrective action plans and improve cost efficiency.
- Ensure the accuracy, completeness, and consistency of cost-related financial information across agencies.
- Analyze financial performance and provide insights on operational and logistics cost trends.
- Support budgeting, forecasting, and planning activities related to regional cost structures.
- Prepare and review journal entries in compliance with accounting policies and reporting requirements.
- Perform account reconciliations and support month-end and year-end closing activities.
- Support compliance with accounting standards, company policies, and internal procedures.
- Support adherence to financial policies, governance requirements, and internal control frameworks.
- Maintain proper documentation and audit trails for cost analyses, financial reporting, and approval processes.
Requirements
- Bachelor's Degree in Finance, Accounting, Economics, or a related discipline.
- Minimum 5-8 years of experience in Cost Control, Financial Analysis, Management Accounting, FP&A, Finance Business Partnering, or Regional Finance roles.
- Experience working in a regional or multi-country environment.
- Strong knowledge of budgeting, forecasting, variance analysis, cost accounting, and financial controls.
- Experience using ERP systems and financial reporting tools.
- Advanced proficiency in Microsoft Excel and financial analysis applications.
- Strong analytical, problem-solving, and stakeholder management skills.
- Open to Saudi Arabia nationals or individuals who currently have the legal right to work in Saudi Arabia.