Job Title: Cost Accountant
Industry: Oil & Gas / Contracting
Company: Alarji Contracting Company
Job DescriptionWe are seeking an experienced
Cost Accountant to join our Oil & Gas contracting operations. The role will be responsible for cost control, budgeting, project cost analysis, and financial reporting to support effective project execution and management decision-making.
Key ResponsibilitiesMonitor and control
project costs for Oil & Gas and contracting projectsPrepare
cost estimates, budgets, and forecasts for ongoing and new projectsAnalyse
material, manpower, equipment, and subcontractor costsTrack
project profitability, cost variances, and margin analysisPrepare
monthly cost reports and MIS for management reviewCoordinate with
Project Managers, Procurement, and Site TeamsEnsure proper allocation of costs to projects and cost centresSupport
invoice verification, variation orders, and claimsAssist in
audits and ensure compliance with company and client requirements
Qualifications & ExperienceBachelor's degree in
Accounting, Finance, or CommerceProfessional qualification such as
CMA / CIMA / ICMA / ACMA preferredMinimum 4-5
years of experience in Cost Accounting within
Oil & Gas or contracting industryStrong knowledge of
project costing, budgeting, and variance analysisProficiency in
Excel and accounting/ERP systemsFamiliarity with
ARAMCO or major Oil & Gas client projects is an advantage
Skills & CompetenciesStrong analytical and problem-solving skillsAttention to detail and accuracyAbility to work under pressure and meet deadlinesGood communication and coordination skillsStrong understanding of
contracting and project-based costingLocationSaudi Arabia
Skills
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