Senior Cost Control

AtkinsRéalis; Riyadh; On-site; SAR 180,000 - 300,000; Full time

Benefits offered by this job

Tax-free salary

Life insurance coverage

Medical insurance

Annual leave balance

Company gratuity scheme

Discretionary bonus program

Annual flight contribution

Transportation & housing allowances

Employee Wellbeing Program: 24/7

Job summary

AtkinsRéalis in Riyadh, Saudi Arabia, is seeking a Senior Cost Control professional to plan, monitor, and control project costs, ensuring delivery within approved budgets and accurate forecasting.

You will collaborate with project teams, finance, procurement, and management to produce variance analysis, monthly and quarterly reports, and to manage cash flows, revenues, and overhead allocations.

Qualifications

• Experience in cost control, budgeting, and financial reporting.
• Ability to consolidate cash flows and budgets across projects.
• Familiarity with VAT, CNSS, bank reconciliations, and month-end closings.
• Knowledge of ISO standards and internal audits.

Responsibilities

• Assist the Contracts Manager in establishing project cash flow and budget.
• Control project expenses and revenue to ensure conformity with the project cash flow and budget.
• Monitor deviations between the project budgeted figures and the actual expenses incurred.
• Consolidate the cash flow statements and budgets of all projects.
• Prepare quarterly and yearly reports to the ministry of Finance.
• Oversee the company's accounting department and suggest improvements (automation, procedures).
• Analyze and improve company processes to meet ISO 9001-2015 standards.

Skills

Cost control

Budgeting

Forecasting

Financial analysis

Audit & compliance

ISO 9001

ERP systems

Cash flow management

Tools

Accounting software

Job description

Job Description

Overview

The Senior Cost Control professional is responsible for planning, monitoring, analyzing, and controlling project costs to ensure delivery within the approved budget. The role involves close coordination with project teams, finance, procurement, and management to provide accurate cost forecasts, variance analysis, and financial reporting.

Your role

• Assist the Contracts Manager in establishing project cash flow and budget
• Control project expenses and revenue to ensure conformity with the project cash flow and budget
• Monitor deviations between the project budgeted figures and the actual expenses incurred
• Add overhead costs, financial expenses to the project cash flow based on input from Accounting reports
• Track the profitability of each project
• Consolidate the cash flow statements and budgets of all projects
• Estimate projects receivables and payables
• Compute rework costs, indicators, Hourly rates, shipped BOQ value
• Preparation of Quarterly and yearly reports to the ministry of Finance
• Plan, implement and manage company s Accounting department, make suggestions for improvement and plan their execution (Automation, procedure change, on-board new personnel)
• Overseeing the management of the company s cash flow.
• Control the preparation of accounting and financial reports.
• Negotiating and contracting client s deals (Excluding Technical details related to engineering)
• Planning, ordering and conducting internal audits when necessary to make sure operations are optimized and ISO standards are met.
• Analyzing the company's current processes and developing them to meet with ISO 9001-2015 Standards.

About you

• Helping with the development and implementation of the company's strategic plan.
• Generating specific reports to be used for developing and implementing budgets.
• Controlling the cost of production and working on reducing it
• Conduct monthly & quarterly accounts reconciliations to ensure accurate reporting and ledger maintenance
• Support month-end & year-end closing procedures
• Handling receivables & payables accounts, as well as company accounts
• Preparing Journal vouchers, employee salaries, income taxes, CNSS
• Bank reconciliation and all related entry adjustments, VAT transaction analysis
• Liaise with internal & external auditors

Rewards & benefits

Explore the rewards and benefits that help you thrive - at every stage of your life and your career.

This includes:

• Tax-free salary.
• Life insurance coverage.
• Medical insurance.
• Annual leave balance.
• Company gratuity scheme.
• Discretionary bonus program.
• Annual flight contribution.
• Transportation & housing allowances.
• Employee Wellbeing Program: 24/7 access to specialists in finance, legal matters, family care, personal health, fitness, and nutrition.

About AtkinsRéalis

We're AtkinsRéalis, a world-class engineering services and nuclear organization. We connect people, data and technology to transform the world's infrastructure and energy systems. Together, with our industry partners and clients, and our global team of consultants, designers, engineers and project managers, we can change the world. We're committed to leading our clients across our various end markets to engineer a better future for our planet and its people.

Find out more.

#KAAP #CMME #KARP

Worker Type

Employee

Job Type

Regular

At AtkinsRéalis_, we seek to hire individuals with diverse characteristics, backgrounds and perspectives. We strongly believe that world-class talent makes no distinctions based on gender, ethnic or national origin, sexual identity and orientation, age, religion or disability, but enriches itself through these differences.