Cost Control Engineer

Premium Solutions Consultancy; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A consultancy firm in Saudi Arabia is seeking a Cost Control Engineer to manage project costs and ensure financial efficiency. The successful candidate will have 6 to 9 years of experience, including at least 4 years in a specialty field, and a Bachelor's degree in civil engineering. The role involves developing cost control procedures, preparing cost reports, and collaborating closely with project teams. This position offers a competitive salary, accommodation, transportation allowances, and additional benefits.

Benefits

Accommodation allowances

Transportation allowances

Other benefits

Qualifications

• 6 to 9 years of experience, with at least 4 years in a specialty field.
• Knowledgeable in energy, procurement, and construction industries.

Responsibilities

• Develop and maintain project cost control procedures and systems.
• Prepare monthly cost reports, forecasts, and cash flow projections.
• Monitor project expenses and compare them against budgeted costs.
• Analyze variances and prepare reports regarding cost performance.
• Work closely with project management and engineering teams to estimate costs.

Skills

Cost control procedures

Financial analysis

Budget management

Variance analysis

Education

Bachelor’s degree in civil engineering

Job description

On behalf on our client in KSA - Premium Solutions Consultancy is seeking a knowledgeable and detail-oriented Cost Control Engineer for our client based Saudi Arabia. The successful candidate will play a vital role in managing project costs and ensuring financial efficiency throughout the project lifecycle.

Key Responsibilities

• Develop and maintain project cost control procedures and systems.
• Prepare monthly cost reports, forecasts, and cash flow projections.
• Monitor project expenses and compare them against budgeted costs.
• Analyze variances and prepare reports regarding cost performance.
• Work closely with project management and engineering teams to estimate costs and ensure adherence to budgetary constraints.
• Review and approve invoices from suppliers and subcontractors.
• Participate in project meetings to provide cost-related updates.
• Identify and implement cost reduction opportunities and strategies.
• Assist in the preparation of the project control deliverables and compliance with company policies.

Required Position: Cost Control Engineer.

Company industry: Energy, Procurement, Construction)

Work Location: Saudi Arabia.

Current Candidates Location - Required: Qatar – Jordan - KSA.

Interview mod: Face to Face, starting by end of Sept.

Hiring for our client in KSA Cost Control Engineer as below:

6 to 9 Yrs Including 4 years in a specialty field

- Bachelor’s degree in civil engineering.

Working days: 6 days a week

Working Hours: 8 hrs. + 2 hrs. overtime

Salary Range:

Basic 5,800 to 9,300 SAR

Accommodation + transportation allowances + other benefits