Cost Control Engineer (HQ)

Hill International, Inc.; Riyadh; On-site; SAR 180,000 - 300,000; Full time

Job summary

Hill International, Inc. is seeking an experienced Cost Control Lead to implement and manage cost control strategies across projects in Saudi Arabia.

You will monitor financial data, prepare budgets, forecasts, and variance analyses, and work with project managers to track costs and ensure profitability. The role requires 10+ years in cost control with strong leadership and mentoring skills, plus fluency in Arabic and English.

Qualifications

• Bachelor/Master degree in Accounting or Engineering or equivalent.
• 10+ years of related field experience on national or international programs.
• Extensive knowledge of project cost management and budgeting.

Responsibilities

• Develop and implement cost control strategies to ensure effective financial management.
• Monitor and analyze financial data to identify cost-saving opportunities and improve profitability.
• Prepare and present financial reports, budgets, forecasts, and variance analyses to senior management.
• Coordinate with project managers and department heads to track and control project costs.
• Review and approve purchase orders, invoices, and expense reports for policy and budget compliance.
• Conduct regular audits of financial records and procedures to identify discrepancies.
• Train and mentor cost control staff to ensure understanding of processes.
• Collaborate with cross-functional teams to drive cost reduction and efficiency initiatives.
• Stay updated on industry trends and best practices in cost control and financial analysis.

Skills

Budgeting

Cost control

Financial analysis

Stakeholder negotiation

Bilingual Arabic & English

Leadership/mentoring

Train staff

Education

Bachelor/Master in Accounting or Engineering

Tools

MS Excel

ERP systems

Job description

Job Description

This role is responsible for implementing and managing cost control strategies to ensure effective financial management and project profitability. Key duties include monitoring and analyzing financial data, preparing reports and budget forecasts, coordinating with project managers to track costs, reviewing and approving expenses, conducting audits, and identifying cost-saving opportunities. The position also involves training and mentoring cost control staff, supporting the finance team, collaborating on efficiency initiatives, staying updated on industry best practices, and ensuring compliance with Hill International's quality, safety, and environmental policies, along with other assigned tasks.

Responsibilities

• Develop and implement cost control strategies and procedures to ensure effective financial management
• Monitor and analyze financial data to identify cost-saving opportunities and improve profitability
• Prepare and present financial reports, budget forecasts, and variance analysis to senior management
• Coordinate with project managers and department heads to track and control project costs
• Review and approve purchase orders, invoices, and expense reports to ensure compliance with company policies and budget limits
• Conduct regular audits of financial records and procedures to identify and resolve discrepancies
• Train and mentor cost control staff to ensure their understanding of cost control processes and procedures
• Collaborate with cross-functional teams to develop cost reduction initiatives and drive efficiency
• Stay updated on industry trends, regulations, and best practices in cost control and financial analysis
• Provide guidance and support to the finance team on cost control matters
• Informs themselves of the relevant Quality, Environmental, Safety and Occupational Health Policies, Manuals and Procedures in place within Hill International, and ensures continued compliance with these requirements while employed by Hill.
• Perform other duties as assigned by the line manager/supervisor.

Qualifications

• Bachelor / Master Degree in Accountant or Engineering from an accredited university.
• Minimum 10 years' experience in related field on national / international major initiatives and developments.
• Extensive knowledge and experience in project cost.
• Extensive experience in managing and prioritizing projects costs.
• Ability to present budgeting plans and requirements to senior management and other government authorities.
• Ability to negotiate with multiple stakeholders to secure cost for projects
• Capable to fluently communicate in Arabic and English
• Excellent Verbal and written communication skills.