Cost Control Engineer - Roads & Bridges

Atkins Realis Group; Saudi Arabia; On-site; SAR 180,000 - 360,000; Full time

Job summary

Atkins Realis Group is seeking a Cost Control Engineer in Saudi Arabia to monitor, evaluate and control project costs across the project lifecycle. The role supports budget compliance, cost forecasting, financial reporting and informed commercial decision-making.

Key duties include cost planning and budgeting, change assessment, procurement tracking, and integration of cost data with schedules and progress, enabling proactive cost control and forecasting for complex bridge and infrastructure

Responsibilities

• Develop, maintain and monitor project budgets and cost control systems.
• Establish cost breakdown structures (CBS) aligned with work packages and contract requirements.
• Track project expenditures against approved budgets and identify cost variances.
• Prepare detailed cost forecasts and cash flow projections.
• Perform monthly cost reviews and analyze project cost performance.
• Identify potential cost overruns and recommend mitigation measures.
• Support change control processes and quantify cost impacts.
• Monitor procurement budgets and commitments and track costs against budgets.
• Review interim payment applications and evaluate cost trends.
• Support commercial and contract administration teams in cost-related matters.
• Identify project cost risks and opportunities and develop risk-adjusted forecasts.
• Integrate cost performance with project schedules and construction progress.

Job description

Job Description Overview The Cost Control Engineer will be responsible for monitoring evaluating and controlling project costs throughout the lifecycle of the Projects The role will support project management in maintaining budget compliance cost forecasting accuracy financial reporting and effective commercial decision-making

Your role Cost Planning amp Budget Management Develop maintain and monitor project budgets and cost control systems Establish cost breakdown structures CBS aligned with project work packages and contract requirements Track project expenditures against approved budgets and identify cost variances Support the preparation of baseline budgets for bridge and infrastructure construction activities Monitor commitments actual expenditures and forecasted costs throughout the project lifecycle

Cost Forecasting amp Reporting Prepare detailed cost forecasts and cash flow projections Perform monthly cost reviews and analyze project cost performance Identify potential cost overruns and recommend mitigation measures Prepare periodic cost reports dashboards and executive summaries Ensure accurate forecasting of final project costs and estimate-at-completion EAC values Earned Value Management EVM Implement and maintain Earned Value Management EVM processes Analyze project trends and provide recommendations for corrective actions Support management decision-making through performance analysis

Change Management amp Cost Impact Assessment Support change control processes and maintain change registers Coordinate with commercial and engineering teams to quantify cost impacts Prepare cost assessments and recommendations for approval

Procurement amp Commitment Tracking Monitor procurement budgets and commitments Review purchase orders subcontract agreements and material commitments Track committed costs against approved budgets Coordinate with procurement teams to evaluate cost implications of sourcing strategies Assist in analyzing supplier and subcontractor commercial performance

Contract amp Commercial Support Support commercial and contract administration teams in cost-related matters Review interim payment applications and evaluate cost trends Assist in the assessment of contractor claims variations and commercial submissions Verify financial impacts associated with contractual changes and project risks Support preparation of financial justifications and commercial recommendations

Risk Management Identify project cost risks and opportunities Develop risk-adjusted cost forecasts Support maintenance of project risk registers and contingency allocations Evaluate financial exposure associated with schedule delays scope growth and market fluctuations Recommend proactive strategies to control project costs

Project Controls Integration Work closely with Planning Engineers and Project Controls teams to align cost and schedule information Integrate cost performance with project schedules and construction progress Support development of project performance metrics and KPI reporting Facilitate integrated project controls reporting for senior management and client stakeholders