Cost Control Manager

Sccsinternational

Saudi Arabia

On-site

SAR 180,000 - 300,000

Full time

11 days ago

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Job summary

Urbacon Saudi Company seeks a Cost Control Manager to oversee the financial health of projects from a commercial perspective in Saudi Arabia. You will lead budgeting, cost estimating and cost-control systems across departments, tracking spend and reporting variances to senior management.

Eight years of relevant experience, including five in supervision, are required; Gulf-region experience is advantageous. Proficiency in SAP and a finance degree are essential for this role.

Qualifications

  • Eight years of experience in cost control or related roles with at least five in a supervisory position.
  • Experience in the Gulf region is advantageous for understanding local contracts and markets.
  • Proficiency with cost control processes and ERP integration, particularly SAP.

Responsibilities

  • Prepare project and departmental budgets aligned with financial goals.
  • Prepare cost estimates covering all foreseeable expenses and risks.
  • Track expenditure against budget as work progresses.
  • Analyse cost variances, identify root causes, and recommend corrective actions.
  • Report metrics and trends to senior management regularly.
  • Establish and maintain cost control systems and procedures.
  • Identify financial risks and set mitigation against cost overruns.
  • Review contracts for cost terms and compliance; manage cost issues.
  • Support health, safety and environment initiatives as required.

Skills

Cost control
Cost estimating
Commercial work on projects
Claim studies

Education

Finance degree
Accounting degree
Economics degree
Public administration degree
Business administration degree
Master's in Accounts and Finance

Tools

SAP

Job description

Urbacon Saudi Company, part of UCC Holding, is recruiting a Cost Control Manager in Saudi Arabia. The post sits on the commercial side of project delivery rather than in site management, and the advert describes the holder as responsible for the financial health of projects.

The stated duties are preparing project and departmental budgets in line with the organisation's financial goals; preparing cost estimates that carry all foreseeable expenses and risks; tracking expenditure against budget as the work proceeds; analysing cost variances, establishing why they arose and recommending corrective action; reporting to senior management on metrics, trends and issues; putting cost control systems and procedures in place and maintaining them; identifying financial risks and setting mitigation against cost overruns; and reviewing and managing contracts for compliance with their financial terms and for cost issues arising under them.

The advert also asks the holder to support health, safety and environment initiatives. Urbacon asks for at least eight years of experience, five of them in a supervisory post, and treats two years in the Gulf as an advantage. The competency list names claim studies, cost control, cost estimating and commercial work on projects, each at level four.

Working knowledge of an enterprise resource planning system is required and the advert names SAP. The education requirement is a degree in finance, accounting, economics, public administration or business administration, with a master's degree in accounts and finance also listed. No salary is stated and no closing date is given.

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