Cost Accounting Manager - EPC Telecommunication Company | Saudi Arabia
On-siteRiyadh, Riyadh Region, Saudi Arabia
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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