Engineer I, Cost Control

Al Ayuni Investment and Contracting Company; Riyadh; On-site; SAR 80,000 - 100,000; Full time

Job summary

A leading construction firm in Riyadh, Saudi Arabia, seeks a skilled professional for cost control. The role involves monitoring project budgets, preparing cost reports, and performing earned value analysis. The ideal candidate has a Bachelor's Degree in Civil Engineering and 3–6 years of relevant experience. Proficiency in Oracle ERP and strong analytical skills are essential.

Qualifications

• 3–6 years of experience in cost control within construction or infrastructure projects.
• Proficiency in Oracle ERP or similar systems for cost tracking and reporting.
• Strong analytical, numerical, and communication skills.

Responsibilities

• Monitor project budgets, expenditures, and financial performance.
• Prepare and maintain cost reports, forecasts, and variance analyses.
• Perform earned value analysis (EVA) to measure project performance.

Skills

Cost control

Analytical skills

Communication skills

Budgeting concepts

Education

Bachelor’s Degree in Civil, Construction, or Industrial Engineering

Tools

Oracle ERP

MS Excel

Job description

Description

1. Monitor project budgets, expenditures, and financial performance.
2. Prepare and maintain cost reports, forecasts, and variance analyses.
3. Evaluate financial impact of design or scope changes and report findings.
4. Review and verify subcontractor invoices and purchase orders.
5. Support procurement, contracts, and finance teams in cost-related matters.
6. Perform earned value analysis (EVA) to measure project performance.
7. Ensure all cost data is accurately updated in Oracle / ERP systems.
8. Maintain documentation of cost control procedures and reports.
9. Assist in monthly cost review meetings and management reporting.
10. Identify and recommend opportunities for cost optimization and value engineering.

Requirements

1. Bachelor’s Degree in Civil, Construction, or Industrial Engineering.
2. 3–6 years of experience in cost control within construction or infrastructure projects.
3. Proficiency in Oracle ERP or similar enterprise systems for cost tracking and reporting.
4. Strong analytical, numerical, and communication skills.
5. Advanced knowledge of MS Excel and reporting tools.
6. Familiarity with project management and budgeting concepts.
7. Excellent command of English (written and spoken).