Senior Cost Analyst

JobIn; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading financial services firm in Riyadh is seeking a detail-oriented Cost Analysis Specialist to join their finance team. The ideal candidate will have 3–5 years of experience in cost analysis and financial evaluation. Responsibilities include analyzing cost structures, preparing detailed reports, and recommending cost-saving measures. Proficiency in data analysis and advanced Excel skills are essential for this role.

Qualifications

• 3–5 years of experience in cost analysis or financial analysis.
• Strong knowledge of cost accounting principles.
• Ability to communicate complex financial information to stakeholders.

Responsibilities

• Analyze cost structures and financial data.
• Prepare detailed cost reports and forecasts.
• Collaborate with teams to monitor cost drivers.
• Conduct break-even and margin analysis.
• Support pricing strategies through cost modeling.

Skills

Data analysis

Financial modeling

Cost optimization

Business acumen

Strong organizational skills

Tools

Excel

SAP

Oracle

Power BI

Tableau

Job description

Overview

JobIn Clients is seeking a detail-oriented and analytical Cost Analysis Specialist to join our finance team. This role is key in evaluating project and operational costs, identifying areas for efficiency, and supporting management in financial decision-making. The ideal candidate should be skilled in data analysis, financial modeling, and cost optimization with strong business acumen.

Responsibilities

• Analyze cost structures, financial data, and budgets to identify trends and variances.
• Prepare detailed cost reports, forecasts, and profitability analysis.
• Collaborate with procurement, operations, and project teams to monitor cost drivers.
• Conduct break-even, margin, and variance analysis for projects and operations.
• Support pricing strategies and business case development through accurate cost modeling.
• Recommend cost-saving measures and process improvements.
• Ensure compliance with internal policies and financial regulations.
• Assist in the preparation of management reports and presentations.

Qualifications

• 3–5 years of experience in cost analysis, financial analysis, or management accounting.
• Strong knowledge of cost accounting principles and financial analysis techniques.
• Advanced Excel and financial modeling skills; experience with ERP systems (SAP, Oracle, etc.) is an advantage.
• High attention to detail and strong organizational skills.
• Familiarity with data visualization tools (Power BI, Tableau) is a plus.
• Ability to communicate complex financial information clearly to non-financial stakeholders.