Position Overview
We are seeking an analytical, commercially minded Cost Accountant to take ownership of cost visibility, project profitability reporting, supply-chain expenditure analysis, and financial planning. The role partners with operations, procurement, and management to turn reliable cost data into decisions that protect margins and improve performance.
Cost Accounting and Financial Control
Monitor and analyse direct and indirect operating costs, including labour, materials, equipment, subcontractors and overheads.
Develop consistent cost codes, allocation methods, and cost-centre reporting across projects and departments.
Investigate actual-versus-budget variances and recommend practical corrective action.
Maintain reliable cost records, reconciliations, and supporting documentation.
Project Costing and Profitability
Prepare project estimates, budgets, cost-to-complete forecasts and margin analyses.
Track committed, accrued and actual expenditure against approved project budgets.
Report cost overruns, risks, forecast final costs and contract profitability to management.
Work with project teams to validate progress, resource consumption and cost assumptions.
Supply Chain, Procurement and Equipment
Analyse purchasing, supplier pricing, freight, logistics, mobilisation and subcontractor expenses.
Compare equipment purchase, external rental and internal fleet utilisation economics.
Track equipment maintenance, idle time, rental income and project-level deployment costs.
Partner with procurement to identify savings without compromising operational requirements.
Budgets, Forecasts and Financial Modelling
Prepare annual budgets, rolling forecasts and monthly financial performance updates.
Build scenario models for staffing, equipment deployment, project pipeline and operational growth.
Provide cash-flow inputs, expenditure forecasts and explanations of material variances.
Present clear, evidence-based recommendations for management decisions.
Management Reporting and Process Improvement
Produce timely monthly cost reports, profitability dashboards and KPIs.
Improve data quality, cost-control workflows and reporting consistency across teams.
Support implementation and effective use of ERP, accounting and business-intelligence tools.
Communicate findings clearly to non-finance managers and senior leadership.
Essential Qualifications and Experience
Bachelor’s degree in Accounting, Finance or a related discipline.
At least 5 years of relevant experience in cost accounting, project costing or management accounting.
Strong knowledge of cost allocation, variance analysis, budgeting, forecasting and profitability reporting.
Advanced Excel capability, including financial models, PivotTables and complex formulas.
Experience with ERP/accounting software; strong analytical judgement, accuracy and accountability.
Ability to work independently and explain financial insights to operational management.
Preferred Qualifications
CMA, CIMA, ACCA or CPA qualification.
Experience in oil & gas, engineering, industrial services, construction or manufacturing.
Experience with equipment rental economics, asset utilisation, Power BI and process improvements.
Strong written and spoken English.
What Success Looks Like
Accurate project margins, early identification of cost overruns, dependable rolling forecasts, transparent equipment economics and concise management reports that drive measurable action.
Location: Tripoli_/_طرابلس | Type: Contract_-_عقد_عمل | Category: Accountants_-_محاسبين | Tags: #Accountant
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