Cost Control Engineer (Arab National )

Riyadh Jizan
Permanent
Full-time

8 days ago

Key Responsibilities:1. Budgeting & ForecastingPrepare and maintain project cost estimates, budgets, and forecasts.Monitor budget allocations against actual project expenditures.Assist in developing cost breakdown structures (CBS) aligned with project work breakdown structures (WBS).2. Cost Monitoring & ControlTrack, analyze, and control project expenditures to ensure compliance with approved budgets.Monitor commitment and expenditure trends and highlight potential cost overruns or savings.Coordinate with procurement and finance teams to validate vendor invoices, purchase orders, and subcontractor claims.3. Reporting & DocumentationPrepare weekly and monthly cost control reports for management and client submission.Provide variance analysis between planned and actual costs with explanations.Maintain cost records and ensure data accuracy in the ERP/project management system.4. Project CoordinationWork closely with Project Managers, Planning Engineers, and Site Engineers to collect data for accurate cost reporting.Support project management in decision-making by providing cost-based insights.Coordinate with finance and procurement teams on project-related financial matters.5. Compliance & Risk ManagementEnsure compliance with company policies, project requirements, and client regulations.Identify cost-related risks and propose corrective actions.Support in claims preparation, change management, and contract administration.Qualifications & Skills:Education:Bachelor’s degree in Civil Engineering, Mechanical Engineering, or related discipline.Experience:Minimum 5 years of relevant experience in cost control for infrastructure/utility projects, preferably water projects in Saudi Arabia.Technical Skills:Strong knowledge of cost control principles, budgeting, forecasting, and variance analysis.Proficiency in MS Excel, ERP/Cost Control software, and project management tools (Primavera P6 knowledge is a plus).Familiarity with National Water Company (NWC) projects and Saudi market practices is desirable.Soft Skills:Strong analytical and problem-solving abilities.Excellent communication and coordination skills.Attention to detail and accuracy in financial reporting.Key Performance Indicators (KPIs):Accuracy of cost reports and forecasts.Timely submission of cost control reports.Variance between forecasted and actual costs.Compliance with budget and cost control procedures.Effective coordination with project and finance teams.Salary & Benefits:Competitive salary package (based on experience).Accommodation & transportation as per company policy.Other benefits in line with Saudi labor law.📩 How to Apply:
Interested candidates are invited to send their CV toPlease mention “Cost Control Engineer” in the subject line.Arab Nationals only.

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