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Rawaj HCM JobsPosted 1 month ago

Cost Accounting Manager - EPC Telecommunication Company | Saudi Arabia

On-siteRiyadh, Riyadh Region, Saudi Arabia

Full TimeSenior LevelBachelors Degree

Job Summary

Lead the project cost accounting function across multiple telecom infrastructure and EPC projects, managing the complete lifecycle from setup through final close-out. Monitor budgets, actual costs, and variances while preparing weekly, monthly, and executive reports highlighting financial performance and corrective actions. Perform profitability analysis, gross margin reviews, and cost-to-complete forecasting to support operational and executive decision-making. Coordinate with Project Managers, Procurement, and Engineering teams to ensure accurate cost capture and compliance with IFRS and Saudi regulatory requirements. Develop costing models and reporting dashboards to improve decision-making and drive continuous improvement in cost controls. Utilize ERP systems such as SAP, Oracle, or Microsoft Dynamics to maintain data integrity. Mentor the Cost Accounting team while promoting a culture of accountability and accuracy.

Required Qualifications

  • Bachelor's degree in Accounting, Finance, or a related field
  • Minimum 8 years of progressive experience in Cost Accounting, Project Accounting, or Project Finance
  • Strong experience within telecom, EPC, infrastructure, engineering, construction, or project-based organizations
  • Proven experience managing the complete project cost accounting lifecycle from project initiation through final project delivery and close-out
  • Strong expertise in project budgeting, forecasting, cost control, WIP, revenue recognition, and project profitability analysis
  • Experience preparing executive-level project cost reports, financial dashboards, and variance analysis
  • Solid understanding of IFRS, project accounting principles, and financial reporting standards
  • Strong hands-on experience with ERP systems, preferably Microsoft Dynamics, SAP, Oracle, or similar ERP platforms
  • Advanced Microsoft Excel skills, including financial modeling, Power Query, PivotTables, and reporting automation
  • Strong analytical, problem-solving, and business partnering capabilities
  • Excellent communication and stakeholder management skills, with the ability to work closely with Project Managers and senior leadership
  • High attention to detail, strong organizational skills, and the ability to manage multiple projects simultaneously in a fast-paced environment
  • Demonstrated ability to improve costing processes, strengthen internal controls, and enhance reporting efficiency

Desired Qualifications

  • Professional certification such as CPA, CMA, ACCA, SOCPA, or equivalent is highly preferred
  • Experience with Saudi financial regulations and ZATCA requirements is preferred

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