Cost Control Engineer

TRS Staffing Solutions; Al Bahah; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading engineering solutions provider in Saudi Arabia seeks a Cost Control Engineer with shipbuilding or maintenance experience. You will be responsible for monitoring project costs, developing cost control systems, and facilitating financial reporting. The ideal candidate has project management expertise and extensive experience in the field, ensuring accurate cost assessments and managing stakeholders effectively.

Qualifications

• 9-12 years of experience in Shipbuilding/Ship Maintenance industry.
• Strong background in cost estimation, expenditure monitoring, and project management.

Responsibilities

• Develop systems and procedures for Cost Control Function.
• Monitor total project expenditure and verify claims from suppliers.
• Generate variance and exception reports for project management.

Skills

Cost Control

Project Management

Variance Analysis

Change Management

Education

PMP Certificate

Exposure to Earned Value Management

Job description

We are assisting a client in Saudi Arabia currently looking for Cost Control Engineer with shipbuilding / ship maintenance experience.

Job Objective :

Ensure that all project Cost Control related activities are carried out in accordance with Company policies and Procedures.

• Develop systems and procedures for Cost Control Function (including interface with ERP team during establishment / troubleshooting phase) and monitor project total expenditure including verifying and checking of invoices and claims from Suppliers, Vendors and Subcontractors to ensure that all project expenditures are captured and properly recorded.
• Understand cost estimates including material, manpower, Asset Management & Marine Operation. Coordinate with the Business Development team whenever discrepancies are noticed.
• Upload all relevant project cost and expenses data in the designated project management software with clear schedules of when the expenses are likely to be incurred.
• Create a process of information flow with respect to each expense head (such as material, manpower, AMMO, PMT etc.).
• Monitor cost performance and generate variance / exception reports as and when required. Present the same to Project manager and obtain approval to distribute further as per distribution matrix.
• Be responsible for assessing potential Change Management (Internal / Customer / Supplier). Coordinate with the project stake holders on the same.

Qualifications :

• PMP Certificate
• Earned Value Management exposure - required
• Minimum 9-12 years of experience preferable in the Shipbuilding / Ship Maintenance industry