Senior Specialist- Costing & Financial Studies

Job description

Nationality: All Nationalities (Priority for UAE National)

Job field: Financial

Job Purpose

Execute advanced costing activities including cost accounting system operations, variance analysis, and reconciliations to support financial decision-making. Provide accurate costing reports and advisory inputs to ensure compliance, cost control, and operational efficiency across RTA services.

Roles and Responsibilities

Strategy

• Support the development of cost accounting frameworks and cost recovery models in line with approved financial objectives.
• Provide inputs to breakeven analysis and expenditure rationalization, ensuring alignment with departmental cost plans.
• Ensure compliance with cost accounting standards, internal control procedures, and audit requirements

Operations

• Manage and operate and maintain the cost accounting system for assigned services and activities, ensuring timely and accurate reporting.
• Prepare variance analyses, breakeven reports, and costing summaries for review by senior management.
• Prepare standard cost and pricing analysis reports for decision-making.
• Coordinate with finance, and operational departments to validate cost elements, service pricing, and contractual obligations.
• Develop and implement automation-enabled tools and dashboards for costing, variance monitoring, and financial reporting.
• Track and report key cost performance indicators (KPIs), linking variance analysis to service efficiency and cost recovery targets.
• Conduct workshops and knowledge-sharing sessions to build cost awareness and financial capability across departments

Product / Process Improvement

• Recommend improvements in costing practices to enhance efficiency and reliability.
• Contribute to automation initiatives for cost reporting and analytics.
• Support training and workshops to disseminate costing policies and practices within business units.

Qualifications

• Bachelor’s/Master’s degree in Accounting or Economics
• 6+ Years in case of Master’s degree (8+ years in case of Bachelor’s degree)
• Certifications such as Certified Public Accountant (CPA), Certified Management Accountant (CMA)
• Must have experience in costing and estimation.