COST CONTROL SPECIALIST
- الرياض
- دائم
- دوام كامل
Reports To: CEO / Finance Director
Department: Finance & Cost Control
Location: Riyadh, KSAPosition Overview
The Cost Control Specialist will be responsible for monitoring, analyzing, and managing costs
across Green Line Holding Co. and its diversified divisions: Construction, Training, Food &
Beverage (F&B), Factory, and Retail. This role ensures cost efficiency, compliance with
company policies, and alignment with strategic financial objectives. The candidate will play a
key role in developing cost frameworks, monitoring expenses, and collaborating with
procurement, operations, and finance teams to optimize profitability across all subsidiaries.Key Responsibilities
Cost Monitoring & Analysis
- Track, monitor, and analyze costs across all divisions (Construction, Training, F&B,
- Review daily, weekly, and monthly expense reports to identify variances against budgets.
- Develop cost allocation models for shared services between divisions.
- Monitor project-based costs such as construction contracts, training programs, product
Budgeting & Forecasting
- Support the preparation of annual budgets and rolling forecasts for each division.
- Conduct variance analysis and provide recommendations to align costs with budgets.
- Assist senior management in financial planning, highlighting risks and cost-saving
Procurement & Supplier Management
- Work closely with the procurement team to ensure supplier quotations are competitive
- Verify and approve supplier invoices against Purchase Orders, Delivery Notes, and
- Support negotiations with suppliers to achieve better terms and cost reductions.
- Implement and enforce Cost Control SOPs across all Green Line Holding divisions.
- Ensure compliance with VAT, SFDA (for F&B/Factory), and other local financial
- Maintain accurate coding of expenses under the Chart of Accounts (COA) in Odoo
Reporting & Documentation
- Prepare consolidated cost reports for management, highlighting key trends and
- Maintain updated Costing Sheets for raw materials, construction projects, training
- Provide cost reports and analyses for special projects (e.g., retail expansions, training
- Ensure timely reporting to the Finance Director and CEO.
- Work with Finance, Operations, and HR teams to ensure cost efficiency across
- Support project leads in cost estimations for new developments (construction projects,
- Provide ad-hoc cost analysis to management upon request.
- Bachelor’s degree in Accounting, Finance, Business Administration, or related field
- Minimum 5 years of experience in cost control, preferably within diverse industries
- Strong knowledge of costing systems, budgeting, and financial reporting.
- Experience in ERP systems (preferably Odoo) and MS Excel (advanced level).
- Familiarity with KSA financial regulations and SFDA requirements (for F&B/Factory).
- Strong analytical skills with attention to detail.
- Excellent communication and collaboration skills to work across multiple business units.
- Ability to handle multiple projects simultaneously and meet tight deadlines.
- Iqama must be transferable (mandatory requirement).
- Financial Acumen & Analytical Thinking
- Cost Optimization & Efficiency Mindset
- Compliance & Governance Orientation
- Problem-Solving & Critical Thinking
- Strong Interpersonal and Cross-Functional Collaboration
- Accuracy of cost reporting and variance analysis.
- Timely submission of cost control reports.
- Percentage of cost savings achieved across divisions.
- Compliance rate with internal cost control SOPs.
- Effectiveness in supplier cost negotiations.
Expatriates