Cost Control Engineer

Tamimi Industrial Services; Al-Hofuf; On-site; SAR 120,000 - 180,000; Full time

Job summary

A leading company in the Eastern Province is seeking a skilled Cost Engineer with a strong background in project financial management. The ideal candidate will have a Bachelor's degree in Engineering and at least 6 years of relevant experience. Responsibilities include preparing cost estimates, tracking budgets, and ensuring compliance with financial policies. If you are proficient in cost management software and have strong analytical skills, we encourage you to apply.

Qualifications

• Minimum of 6 years of experience in Cost Engineering or Project Financial Management.
• Preferably experienced in construction, oil & gas, engineering, or manufacturing sectors.

Responsibilities

• Prepare cost estimates and develop project budgets.
• Track actual vs. budgeted costs; analyze variances and risks.
• Implement cost control processes and ensure compliance with financial policies.

Skills

Budgeting

Forecasting

Financial Reporting

Advanced Excel Data Analysis

Education

Bachelor’s Degree in Engineering

Tools

SAP

Primavera P6

Job description

We are hiring for the following position with local transfer (Iqama Transfer):

Qualifications:

1. Candidate must hold a Bachelor’s/College Degree in Engineering (Mechanical).
2. Minimum of 6 years of experience in Cost Engineering, Cost Control, or Project Financial Management.
3. Preferably experienced in the construction, oil & gas, engineering, or manufacturing sectors.
4. Proficient in cost management software (e.g., SAP, Primavera P6).
5. Strong skills in budgeting, forecasting, financial reporting, and advanced Excel data analysis.

Job Description:

1. Prepare cost estimates and develop project budgets.
2. Track actual vs. budgeted costs; analyze variances and risks.
3. Generate cost reports and support cash flow forecasting.
4. Review change orders, claims, and ensure expenditure compliance.
5. Coordinate with teams on cost strategies and negotiate cost efficiencies.
6. Implement cost control processes and ensure compliance with financial policies.
7. Prepare payment applications.
8. Review subcontractors and supplier invoices.
9. Possess experience and knowledge in Contracts Administration and Management.

Please share your CV via email. After shortlisting, we will contact you for an interview.