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AtkinsRéalis in Saudi Arabia seeks a Cost Control Engineer to monitor budgets, forecast costs, and drive commercial decisions across bridge and infrastructure projects. You will develop cost breakdown structures aligned with work packages and contracts, and track expenditures against budgets throughout the project lifecycle.
Responsibilities include detailed cost forecasting, EVM implementation, change and procurement cost tracking, and risk-adjusted cost planning.
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 & 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 & 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 & 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 & 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 & 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.
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We’re AtkinsRéalis, a world-class engineering services and nuclear organization. We connect people, data and technology to transform the world’s infrastructure and energy systems. Together, with our industry partners and clients, and our global team of consultants, designers, engineers and project managers, we can change the world. We’re committed to leading our clients across our various end markets to engineer a better future for our planet and its people. Find out more.
#RBP Worker Type Employee Job Type Regular At AtkinsRéalis, we seek to hire individuals with diverse characteristics, backgrounds and perspectives. We strongly believe that world-class talent makes no distinctions based on gender, ethnic or national origin, sexual identity and orientation, age, religion or disability, but enriches itself through these differences.
Created by the integration of long-standing organizations dating back to 1911, AtkinsRéalis is a world-class engineering services and nuclear company dedicated to engineering a better future for our planet and its people. We create sustainable solutions that connect people, data and technology to transform the world’s infrastructure and energy systems. We deploy global capabilities locally to our clients and deliver unique end-to-end services across the whole life cycle of an asset including consulting, advisory & environmental services, intelligent networks & cybersecurity, design & engineering, procurement, project & construction management, operations & maintenance, decommissioning and capital. The breadth and depth of our capabilities are delivered to clients in strategic sectors such as Engineering Services, Nuclear and Capital. News and information are available at Atkinsrealis or follow us on LinkedIn.