Cost Control Director: Strategic Forecasting & Risk Leadership

Confidential

Saudi Arabia

On-site

SAR 1,500,000 - 2,100,000

Full time

2 days ago
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Job summary

Confidential is seeking an executive leader to oversee Cost Control across major projects in Saudi Arabia. You will own budgets, baselines, forecasts and cash flow, ensuring disciplined cost governance and early visibility of financial risk.

The role requires steering the cost control strategy, governance and organization across multi-billion-dollar programmes. You will drive rigorous control of procurement and changes, integrate cost management with planning and risk, and report to executive

Qualifications

  • 18+ years experience in Cost Control/Cost Management
  • Experience on GCC/Saudi construction/infrastructure/giga-projects
  • Strong command of cost management, forecasting, EAC/ETC, cash flow, commitments, change and commercial controls
  • Demonstrated ability to manage cost across complex, multi-billion-dollar projects
  • Strong commercial acumen with ability to challenge, influence and drive accountability at executive level

Responsibilities

  • Lead Cost Control strategy, governance and organisation across multi-billion-dollar projects and programmes
  • Own cost baselines, budgets, commitments, forecasting, EAC/ETC and cash flow
  • Establish visibility of cost performance, trends, exposure and overruns
  • Drive control of procurement, subcontractor costs, variations, accruals and commitments
  • Integrate cost management with planning, progress, risk, change and commercial functions
  • Challenge cost and forecast assumptions, ensuring accurate, transparent reporting
  • Lead cost assessments supporting change, claims, delay, disruption and commercial decisions
  • Identify emerging financial risks and lead mitigation and recovery strategies with project leadership
  • Provide cost intelligence to Executive Management, Client and PMC stakeholders
  • Establish performance standards and accountability across project teams, subcontractors and delivery partners
  • Build and lead a high-performing Cost Control function

Skills

Cost control leadership
Cost forecasting
EAC/ETC
Cash flow management
Change management
Executive communication

Education

Engineering/Construction/Quantity Surveying/Finance/Project Management degree

Job description

Confidential is seeking an executive leader to oversee Cost Control across major projects in Saudi Arabia. You will own budgets, baselines, forecasts and cash flow, ensuring disciplined cost governance and early visibility of financial risk.

The role requires steering the cost control strategy, governance and organization across multi-billion-dollar programmes. You will drive rigorous control of procurement and changes, integrate cost management with planning and risk, and report to executive

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