Cost Control Engineer (Jacket Project)

RIKAZ AL SHARQIYAH; رأس الخير; On-site; SAR 350,000 - 520,000; Full time

Job summary

RIKAZ AL SHARQIYAH is seeking a Cost Control Engineer with offshore fabrication and heavy industry experience. You will monitor budgets, support forecasting and ensure cost efficiency across fabrication, construction, repair and maintenance projects.

The role requires a strong background in cost control, budgeting and reporting, with hands-on experience in large yard environments and offshore construction. Collaboration with Planning, Procurement and Finance is essential.

Qualifications

• Bachelor's degree in Engineering or related discipline.
• 6-9 years of experience in Cost Control/Cost Engineering or Project Controls.
• Strong experience in offshore jacket fabrication, module fabrication, shipbuilding, or heavy industrial projects.
• Experience supporting large fabrication yards or oil and gas construction projects.
• Proficiency in budgeting, forecasting, cost analysis, earned value management and project reporting.
• Advanced MS Excel and project controls software.

Responsibilities

• Monitor and control project budgets, commitments and actual costs.
• Prepare weekly, monthly and ad-hoc cost reports for management review.
• Support project budgeting, forecasting and cash flow planning.
• Track fabrication, construction, repair and production costs against approved budgets.
• Analyze cost variances and recommend corrective actions.
• Coordinate with Planning, Procurement, Production, Commercial and Finance teams.
• Support change management, variation orders and cost impact assessments.
• Monitor productivity, resource utilization and cost performance.
• Maintain cost control systems and ensure accurate project reporting.
• Assist in project close-out and final cost reconciliation.

Skills

Cost control

Budgeting

Cost analysis

Earned value management

Project reporting

Analytical skills

Education

Bachelor's degree in Engineering or related discipline

Tools

Primavera P6

SAP

EcoSys

MS Excel

Job description

Job Summary

We are looking for a Cost Control Engineer with experience in offshore fabrication shipyard operations marine construction and heavy industrial projects The successful candidate will be responsible for monitoring project costs supporting budgeting and forecasting activities and ensuring cost efficiency across fabrication construction repair and maintenance projects

Key Responsibilities

Monitor and control project budgets commitments and actual costs Prepare weekly monthly and ad-hoc cost reports for management review Support project budgeting forecasting and cash flow planning Track fabrication construction repair and production costs against approved budgets Analyze cost variances and recommend corrective actions Coordinate with Planning Procurement Production Commercial and Finance teams Support change management variation orders and cost impact assessments Monitor productivity resource utilization and cost performance Maintain cost control systems and ensure accurate project reporting Assist in project close-out and final cost reconciliation

Mandatory Requirements

Bachelor s Degree in Engineering or related discipline 6-9 years of experience in Cost Control Cost Engineering or Project Controls Strong experience in offshore jacket fabrication module fabrication topside fabrication shipbuilding ship repair marine construction or heavy industrial projects Exposure to commercial repair projects vessel maintenance dry docking conversion or major marine construction activities Experience supporting large fabrication yards shipyards offshore EPC or oil gas construction projects Strong knowledge of budgeting forecasting cost analysis earned value management and project reporting Advanced proficiency in MS Excel and project controls software

Preferred Background

Offshore Jacket Fabrication ProjectsOffshore Structure FabricationShipbuilding Ship Repair ProjectsVLCC Tanker LNG FPSO or Marine Construction ProjectsHeavy Fabrication YardsOil Gas EPC ProjectsAramco Offshore Projects Bachelor's degree in Engineering (Civil, Mechanical, or related field) or Quantity Surveying, providing a strong technical and commercial foundation.Minimum of 7 years of progressive experience in cost control, with a significant portion focused on offshore jacket fabrication and installation projects.Proven expertise in cost estimation, budgeting, forecasting, and variance analysis within the oil and gas or offshore construction industry.Proficiency in cost management software (e.g., Primavera P6, SAP, EcoSys) and advanced Excel skills for detailed analysis and reporting.