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Cost Accounting Specialist

Cost Accounting Specialist

شركة نقل المياه Water Transmission CompanyRiyadh, Riyadh Region, Saudi Arabia
7 days ago
Job description

Supervising cost control activities ensuring alignment with policies and procedures.

Key Roles and Responsibilities

  • Ensure work is performed based on approved policies, processes, procedures and instructions.
  • Identify opportunities for continuous improvement of systems, processes and practices considering leading practices, cost reduction and productivity improvement.
  • Escalate problems to ensure case / issue is closed efficiently and in a timely manner.
  • Coordinate with Corporate Finance to assess budget / forecast including spending risks / opportunities for decision‑making.
  • Develop standard costing templates based on best practices and international benchmarks to facilitate data gathering from different sources.
  • Design a cost structure to be base for pricing provided services.
  • Perform cost benchmarking to provide accurate costing principles for departments.
  • Review the process of reconciliation to ensure smooth operations in a timely manner.
  • Monitor payments processing (payroll, supplier payments, etc.) ensuring timely processing.
  • Review fixed assets accounting ensuring alignment to policies and procedures.
  • Monitor the closing process and the preparation of monthly, quarterly and annual accounting statements and reports ensuring accuracy and timeliness.
  • Apply a cost justification framework to support decisions about complex costs.
  • Perform complex analysis and recommend the best solution to achieve most efficient cost‑cutting solutions.
  • Provide input for the development of reports regarding operations, activities and achievements for reporting and decision‑making.

Education Requirements

  • Bachelor’s degree in accounting, Finance, or in any related field.
  • Experience Requirements

  • 4 to 6 years of relevant experience.
  • Seniority Level

  • Mid‑Senior level
  • Employment Type

  • Full‑time
  • Job Function

  • Finance
  • Industry

  • Utilities
  • Location

  • Riyadh, Saudi Arabia
  • #J-18808-Ljbffr

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    Accounting Specialist • Riyadh, Riyadh Region, Saudi Arabia

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