Construction Company Accounting Saudi Arabia
Specialist accounting for Saudi construction contractors and developers — project cost control, IFRS 15 contract revenue, retention tracking, and Vision 2030 project compliance.
Construction and contracting businesses in Saudi Arabia — from small fit-out contractors to major giga-project suppliers — face accounting challenges that require sector-specific expertise. IFRS 15 percentage-of-completion revenue recognition, cost-to-complete estimates, retention deductions and releases, multi-project cost allocation, and the financial management of Vision 2030 mega-project contracts all require accountants who understand how construction businesses actually operate.
Intelli Solutions provides construction-specific accounting services built around the Saudi market — with experience across residential, commercial, infrastructure, MEP, and fit-out contracting businesses.
Construction Accounting Services
Project Cost Accounting
Job costing by project — materials, labour, subcontractors, equipment, and overhead allocation. Budget vs actual cost reporting with cost-to-complete projections.
IFRS 15 Contract Revenue
Stage-of-completion revenue recognition for construction contracts — milestone-based or input method — with contract asset and liability accounting.
Retention Accounting
Tracking client retention deductions (typically 5–10%) withheld until practical completion — and subcontractor retention withheld against back-to-back contracts.
Saudization Payroll
Construction payroll with Saudization compliance — tracking Saudi vs expatriate headcount by project and cost centre against Nitaqat minimum ratios.
Construction Company Accounting Saudi Arabia — Key Facts
Frequently Asked Questions
Other Accounting & Financial Services
Construction or Contracting Business in Saudi Arabia?
Project cost accounting, IFRS 15 revenue, and full ZATCA compliance. Free assessment for contractors.