Cost controller

Samsung E & A Co. Ltd; Al Jubayl; On-site; SAR 180,000 - 280,000; Full time

Benefits offered by this job

Accommodation

Transportation

Flight Tickets

Medical Insurance

Job summary

Samsung E A Co. Ltd in Saudi Arabia seeks a cost control engineer to manage project cost control activities across engineering and construction. You will produce cost reports and support invoicing processes, ensuring timely and accurate financial control.

The role requires experience in oil & gas or petrochemical cost control, SAP proficiency, and advanced Excel. You will collaborate with accounting, procurement and engineering teams to implement robust cost control systems.

Qualifications

• Experience in cost control, project-based cost control within Oil and Gas or Petrochemical industries.
• Knowledge of SAP and cost reporting.
• Proficient in Microsoft Office, especially Excel, and contracts/subcontracting awareness.

Responsibilities

• Develop and supervise project cost control activities and reporting.
• Support payment applications and invoicing; resolve collections bottlenecks.
• Interface with accounting, procurement, and engineering for common cost coding and WBS.
• Prepare cost reports, change orders, and back-charge analyses.
• Monitor subcontract progress and advise on budget, schedule and forecasts.
• Prepare client invoices and review subcontractor costs against BOQ.

Skills

Cost control

Microsoft Excel

Microsoft Office

Tools

SAP

Job description

Company Description

SAMSUNG E A is a specialized EPC company that provides comprehensive solutions across all areas of the plant industry With strong pride for our pioneering role in the history of the Korean plant industry in the past 50 years we successfully performed numerous projects around the world and grew into a globally competitive engineering company We continuously expand our business across the engineering industry including Oil and Gas processing Refinery Petrochemical Energy Transition Environmental Industrial and BIO areas Based on our extensive experience accumulated technologies and talented resources we provide various services from the feasibility studies to engineering procurement construction commissioning and O M We are looking for candidates who embody creativity commitment and collaboration professionals who thrive in an innovative environment are dedicated to excellence and excel in teamwork Join us and be part of a dynamic team where ideas are valued and collective success drives our future

Job Description

General Characteristics Job Summary Key role of cost control in Engineering and Construction project Understand variety of the fields concepts practices and procedures Compliance with the law

Roles and Responsibilities

• Perform or supervise project construction cost control activities develops cost control programs and coordinate integrated cost control activities under standard procedure and system Produce routine project construction cost and financial reports for submission to field control manager and construction manager
• Support customer payment application and invoicing process by preparing payment applications accurately and on time Verify bottle neck of collecting money and set up resolution Calculate and record cost impact caused by change order Estimate and record the cost of back charge to subcontractors Review whether vendor s estimation is reasonable and meet SENA s requirements
• Interface with accounting procurement engineering and other groups where necessary for the implementation of common cost coding and work breakdown structure across the project
• Perform basic project construction cost control activities in accordance with approved procedure Receive and check subcontractors invoices Research material price and cost of subcontractor tendency Assist to produce cost report Organize change order history to analyze cost impact
• Receive vendor s estimation Collect manpower work volume and schedule to estimate cost effectively SAP operation V O P R P O Creation Invoice Posting Bond Registration Receive and Check Materials Services Rental Manpower and Equipment invoices Prepare Construction 3 months Cash flow forecast Cube MDG Operation Vendor Registration Review and check Monthly Progress Payment Certificate of the Subcontractors in accordance with Subcontract BOQ Bill of Quantity and Rates To develop the contractual requirements relating to cost control and estimation invoicing of payment and variations to be stipulated in the agreements
• Monitor for subcontracts and other significant items progress and the value of work done Liaise with EPC and Installation functions to maintain awareness of project construction activities and their impact on the project construction budget schedule and cost forecast Preparation of client invoice Analyze committed costs and activities to-date actual vs budget performance and productivity Review monthly the forecasts to complete any deviation from baselines and the effect of the corrective actions taken by PM CM

Qualifications

• Experience in cost controlProject based cost control experience gained within the Oil and Gas industry or Petrochemical industry
• Knowledge SAP skills
• Intermediate-to-advanced Microsoft Office skills esp Microsoft Excel Comprehensive knowledge on overall cost control Knowledge in Contract and Subcontracting Knowledge in Correspondence such as letters

Job Specific Specialty

• Analytical thinker with demonstrated talent for planning initializing and implementing operational procedures and streamlining complex work procedures Technically strong in project cost planning scheduling calculation and reporting Review Sub-contract Agreement Purchase Order Change and Work Orders specially the price and unit rate Operating SAP System and data structure Team lead and collaborator in any task to be assign Planning SchedulingCost ManagementResource ManagementQuality Safety ManagementProgress ManagementSystem knowledgeClient ManagementInter-department CoordinationDocument ControlRisk Management

Additional Information

Our benefits include

• Accommodation
• Transportation
• Flight Tickets
• Medical Insurance