Cost control Engineer

CBS; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading construction company in Riyadh is seeking a detail-oriented Cost Control Engineer to manage project budgets effectively. You will be responsible for monitoring expenditures, preparing financial reports, and providing insights into project performance. The ideal candidate must have over 8 years of experience in cost control, a Bachelor's degree in Civil Engineering, and proficiency in cost control software. This is an excellent opportunity to make a significant impact in enhancing financial performance in construction projects.

Qualifications

• 8+ years of experience in cost control or cost engineering roles.
• Strong knowledge of construction costs, budgeting, and financial management.
• Proficiency in cost control software and Microsoft Excel.

Responsibilities

• Develop and maintain project cost control systems and procedures.
• Monitor and track project expenditures, analyzing variances against budget forecasts.
• Provide regular updates to project managers and stakeholders regarding financial status.

Skills

Cost analysis

Budget management

Financial reporting

Cost forecasting

Analytical skills

Communication skills

Education

Bachelor's degree in Civil Engineering

Certification in cost engineering

Tools

Cost control software

Microsoft Excel

Job description

CBS is on the lookout for a detail-oriented and experienced Cost Control Engineer to join our dynamic team. In this role, you will be responsible for monitoring and managing project costs, ensuring that budgets are adhered to and financial targets are met. You will analyze project cost data, prepare estimates, and develop financial reports to provide insights into project performance and profitability. Your expertise will aid in cost forecasting, identifying variances, and implementing corrective actions as necessary. The ideal candidate will have a strong background in cost engineering, excellent analytical skills, and the ability to communicate financial information clearly to project stakeholders. If you are dedicated to driving efficiency and enhancing financial performance in construction projects, this is the perfect opportunity for you to make an impact at CBS.

Responsibilities

• Develop and maintain project cost control systems and procedures.
• Prepare detailed cost estimates and budgets for projects, ensuring all costs are accurately accounted for.
• Monitor and track project expenditures, analyzing variances against budget forecasts.
• Provide regular updates to project managers and stakeholders regarding financial status and potential issues.
• Assist in the preparation of financial reports, summarizing project costs, forecasts, and variances.
• Collaborate with project teams to identify cost-saving opportunities and improve efficiency.
• Implement best practices in cost control and promote financial awareness across project teams.

Qualifications

• Bachelor's degree in Civil Engineering, Construction Management, or a related field.
• A minimum of 8 years of experience in cost control or cost engineering roles.
• Strong knowledge of construction costs, budgeting, and financial management.
• Proficiency in cost control software and Microsoft Excel.
• Excellent analytical, problem-solving, and reporting skills.
• Strong communication skills, with the ability to present financial information clearly.
• Certification in cost engineering (e.g., Certified Cost Professional - CCP) is a plus.