Sr. Cost Accountant

The Senior Cost Accountant is responsible for managing, analyzing, and controlling all cost-related activities within the organization. The role requires strong expertise in SAP (FI / CO, MM, PP modules), cost allocation, variance analysis, and financial reporting. The Senior Cost Accountant ensures accurate cost data, supports management decisions with analytical insights, and drives continuous improvement in cost efficiency and profitability.

Key Responsibilities

1. Cost Accounting & Analysis

• Perform detailed cost analysis for products, projects, and services.
• Maintain and monitor standard costs , BOM (Bill of Materials), and routing updates in SAP.
• Conduct monthly cost variance analysis (material, labor, overhead) and investigate deviations.
• Review and validate inventory costing , production orders, and WIP valuations.
• Support costing for new products, new projects , and changes in manufacturing processes.

2. SAP Financial Operations

3. Budgeting & Forecasting

4. Internal Controls & Compliance

5. Cross-Functional Collaboration

Qualifications & Requirements

Why Join Alfanar Projects

Since 1976, we’ve grown and diversified our business to meet the evolving needs of a changing world. Alfanar Projects is an integrated global project developer and engineering, construction, and technology solutions provider with a robust portfolio of landmark projects across the energy, water, and infrastructure sectors.

From Saudi Arabia to the rest of the world, we work closely with governments and partners to deliver strategic projects that support national goals and long-term visions. Our work directly contributes to sustainable development and infrastructure modernization in multiple countries.

At the heart of our success are more than 10,000 professionals, diverse, skilled, and united by purpose. Our global teams are committed to delivering impact-driven solutions that shape a better, more sustainable future.

#J-18808-Ljbffr