Cost Controller

PIPECARE Group; Eastern Province; On-site; SAR 187,476 - 262,467; Full time

Job summary

PIPECARE Group is seeking an experienced Cost Controller to manage and report project costs in Dammam, Saudi Arabia. Responsibilities include monitoring budgets, preparing cost estimates, and verifying invoices.

The ideal candidate will have a Bachelor's degree in Finance/Accounting and at least 5 years' experience in cost control, preferably in oil and gas or construction.

Qualifications

• Minimum 5 years of experience in project cost control, project accounting, or related fields.
• 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 actual costs.
• Prepare and update project cost estimates and budgets.
• Verify supplier invoices and claims against purchase orders.

Skills

Budgeting

Forecasting

Cost analysis

Invoice verification

Project reporting

Microsoft Excel

Education

Bachelor’s degree in Finance, Accounting, or Business Administration

Tools

ERP systems

Project management systems

Job description

PIPECARE Group is looking for an experienced Cost Controller to join our team in Dammam, Saudi Arabia. The role involves monitoring, controlling, and reporting project costs for Saudi Arabia operations and assigned regional projects while ensuring compliance with company procedures and local regulations.

Key Responsibilities

• Monitor and control project budgets, commitments, actual costs, accruals, forecasts, and cost‑to‑complete.
• Prepare, review, and update project cost estimates, budgets, and cost breakdowns covering labor, materials, equipment, logistics, subcontractors, and other expenditures.
• Verify supplier, vendor, and subcontractor invoices and claims against purchase orders, contracts, delivery records, and approved budgets.
• Support project planning by monitoring milestones, deliverables, resource utilization, billing milestones, and schedule‑related cost impacts.
• Track, analyze, and report on project variations, change orders, additional work, and related cost or revenue impacts.
• Prepare monthly project cost reports, budget‑versus‑actual analysis, forecast reports, cash flow inputs, and management dashboards.
• Coordinate with Procurement, Logistics, Finance, and Operations to monitor purchase orders, deliveries, invoicing, and project close‑out status.
• Support technical and commercial review of tenders, subcontractor quotations, service agreements, and project pricing assumptions.
• Identify cost risks, budget overruns, margin impacts, and financial feasibility concerns, and recommend corrective actions.
• Attend project meetings, coordinate with internal teams and external clients, 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 and 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

• Lift and carry up to 50 pounds.
• Walk and climb to perform duties within a refinery or plant environment and access elevated platforms via ladders and stairwells.
• Maintain clear speech and hearing to communicate effectively.
• Maintain focus and multitask effectively.
• Wear required safety equipment for personal protection as mandated by the safety department.
• Perform office duties and travel to off‑site locations with or without reasonable accommodations.