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 levelEmployment Type
Full‑timeJob Function
FinanceIndustry
UtilitiesLocation
Riyadh, Saudi Arabia#J-18808-Ljbffr