Cost Controller

Pipecare Group; Dammam; On-site; SAR 120,000 - 180,000; Full time

Job summary

Pipecare Group is seeking an experienced Cost Controller to join our team in Dammam, Saudi Arabia. The role includes monitoring and controlling project costs, preparing project budgets, and verifying invoices. Candidates should have a Bachelor's degree in finance or a related field and at least 5 years of experience in project cost control within the oil and gas industry.

Strong analytical skills are needed, along with proficiency in advanced Excel and ERP systems. Professional certifications like ACCA or CPA are advantageous.

Qualifications

• Minimum 5 years of experience in project cost control or commercial finance, preferably in oil and gas.
• Strong knowledge of budgeting, forecasting, and cost analysis.
• Professional certification such as ACCA, CMA, CPA is an advantage.

Responsibilities

• Monitor and control project budgets and costs.
• Prepare project cost estimates and budgets.
• Verify supplier and subcontractor invoices against contracts.
• Support project planning and monitor milestones.
• Prepare monthly project cost reports and cash flow inputs.

Skills

Project cost control

Budgeting

Cost analysis

Invoice verification

Advanced Microsoft Excel

Communication

Education

Bachelor’s degree in finance, Accounting, Business Administration, or related discipline

Tools

ERP systems

Project management systems

Job description

Position Summary

PIPECARE Group is looking for an experienced Cost Controller to join our team in Dammam, Saudi Arabia. The general role for Cost Controller is to monitor, control, and report project costs for Saudi Arabia operations and assigned regional projects.

Key Responsibilities

• Project Cost Control: Monitor and control project budgets, commitments, actual costs, accruals, forecasts, and cost-to-complete for Saudi Arabia projects.
• Cost Estimation and Budgeting: Prepare, review, and update project cost estimates, budgets, and cost breakdowns covering labor, materials, equipment, logistics, subcontractors, and other project-related expenditures.
• Invoice and Claim Verification: Verify supplier, vendor, and subcontractor invoices and claims against purchase orders, contracts, delivery records, service confirmations, and approved budgets.
• Planning and Progress Monitoring: Support project planning by monitoring milestones, deliverables, resource utilization, billing milestones, and schedule-related cost impacts.
• Variation and Change Control: Track, analyze, and report project variations, change orders, additional work, and related cost or revenue impacts.
• Project Reporting: Prepare monthly project cost reports, budget-versus-actual analysis, forecast reports, cash flow inputs, and management dashboards.
• Procurement and Delivery Tracking: Coordinate with Procurement, Logistics, Finance, and Operations to monitor purchase orders, deliveries, invoicing, and project close‑out status.
• Tender and Contract Review: Support technical and commercial review of tenders, subcontractor quotations, service agreements, and project pricing assumptions.
• Risk and Financial Analysis: Identify cost risks, budget overruns, margin impacts, and financial feasibility concerns, and recommend corrective actions.
• Stakeholder Coordination: Attend project meetings, coordinate with internal teams and external clients where required, and support timely resolution of cost‑related issues.
• General Duties: Undertake any additional duties assigned by management to support project delivery, financial control, and business objectives.

Skills / Experience

• Bachelor’s degree in finance, Accounting, Business Administration, or a related discipline.
• Minimum 5 years of experience in project cost control, project accounting, planning, or commercial finance, preferably within oil and gas, industrial services, construction, or technical services.
• Strong knowledge of budgeting, forecasting, cost analysis, invoice verification, project reporting, and variance analysis.
• Advanced Microsoft Excel skills and experience with ERP, accounting, or project management systems.
• Ability to communicate effectively with project managers, finance teams, procurement, logistics, suppliers, and client representatives.
• Professional certification such as ACCA, CMA, CPA, or equivalent is an advantage.

Physical and Mental Requirements

• Lifting and Carrying: Ability to lift and carry up to 50 pounds.
• Mobility: Must be able to walk and climb to perform duties, including maneuvering within a refinery or plant environment and accessing elevated platforms via ladders and stairwells.
• Communication: Sufficient clarity of speech and hearing, or other communication capabilities, to communicate effectively.
• Focus and Multitasking: Ability to maintain focus and multitask effectively.
• Safety Equipment: Must be able to wear safety equipment as required by the safety department for personal protection, if/where needed in manufacturing environments.
• Personal Mobility and Reflexes: Sufficient personal mobility and physical reflexes, with or without reasonable accommodations, to perform office duties and travel to off‑site locations when necessary.

Equal Opportunity Employer: We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.