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Cost Controller

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: PlaceUp
Full Time position
Listed on 2026-01-09
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Reporting, Accounting & Finance
Salary/Wage Range or Industry Benchmark: 200000 - 300000 SAR Yearly SAR 200000.00 300000.00 YEAR
Job Description & How to Apply Below

We are seeking a detail-oriented and analytical Cost Controller to manage cost accounting, budgeting, and variance analysis across our FMCG operations. The ideal candidate will have a strong understanding of production costing, supply chain finance, and margin analysis to support management in decision-making and cost optimization.

Responsibilities
  • Monitor, analyze, and control production and operational costs across manufacturing and distribution functions
  • Develop and maintain standard cost models for raw materials, packaging, labor, and overheads
  • Prepare detailed cost variance reports (actual vs. budget) and identify root causes of deviations
  • Collaborate with procurement, supply chain, and production teams to ensure accurate costing data
  • Support monthly, quarterly, and annual financial closing processes with accurate cost data and accruals
  • Evaluate new product costing and provide input during pricing and product development stages
  • Review and analyze manufacturing efficiency, waste levels, and yield reports
  • Maintain cost allocation processes and ensure consistency across departments
  • Assist in budgeting and forecasting by providing reliable cost projections
  • Ensure compliance with internal financial controls, audit requirements, and company policies
Requirements
  • Bachelors degree in Accounting, Finance, or related field (CMA or ACCA preferred)
  • 4
    -7 years of experience in cost control or management accounting, preferably within the FMCG sector
  • Strong understanding of manufacturing cost structures, bill of materials, and standard costing
  • Proficiency in ERP systems (SAP, Oracle, or equivalent) and advanced Excel skills
  • Analytical mindset with excellent attention to detail
  • Strong communication and cross-functional collaboration skills
  • Experience with budgeting, forecasting, and variance analysis in a fast-paced environment
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