Project Cost Control Engineer (Civil)

PETRORAQ Engineering & Construction; Riyadh Region; On-site; SAR 180,000 - 260,000; Full time

Job summary

Petroraq Engineering Co. Ltd. seeks an experienced Project CostControl Engineer (Civil) to monitor, analyze, and control project costs across civil, infrastructure, and construction projects.

You will manage budgets, forecast costs, measure progress, and report finances to keep projects within approved budgets while meeting quality and schedule goals. Key responsibilities include maintaining CBS, tracking expenditures, preparing EAC reports, and coordinating with Planning, Procurement, and Site

Qualifications

• Bachelor's degree in Civil Engineering from a recognized university.
• 3-5 years of relevant cost control experience in civil, infrastructure or EPC projects.
• Strong budgeting, forecasting, EVM, and cost variance analysis knowledge.
• Experience monitoring civil construction costs and subcontractor payments.
• Proficiency in Excel, Primavera P6 and ERP systems.

Responsibilities

• Develop and maintain project cost control systems, budgets, and CBS.
• Monitor expenditures against budgets and identify cost variances.
• Prepare detailed cost reports, cash flow forecasts, and EAC reports.
• Track commitments, POs, subcontractor costs, and material expenditures.
• Coordinate with Planning, Procurement, Engineering, and Site teams on cost performance.
• Review subcontractor payments, progress claims, and variation orders.
• Analyze productivity to identify cost-saving opportunities.
• Prepare monthly cost reports, EV analysis, and dashboards.
• Monitor change orders, claims, and additional works for financial impact.
• Support recovery plans for cost overruns and close-out activities.

Skills

Budgeting

Cost forecasting

Earned Value Management

Cost variance analysis

Analytical skills

Communication

Project cost reporting

Education

Bachelor's degree in Civil Engineering

Tools

Microsoft Excel

Primavera P6

ERP systems

Job description

Petroraq Engineering Co. Ltd.is seeking an experienced Project CostControl Engineer (Civil) to monitor, analyze, and control project costs acrosscivil, infrastructure, and construction projects. The successful candidate willbe responsible for budget management, cost forecasting, progress measurement,and financial reporting to ensure projects are delivered within approvedbudgets while maintaining quality and schedule objectives.

Key Responsibilities

• Develop andmaintain project cost control systems, budgets, and cost breakdownstructures (CBS).
• Monitor actualproject expenditures against approved budgets and identify cost variances.
• Preparedetailed cost reports, cash flow forecasts, and Estimate at Completion(EAC) reports.
• Track projectcommitments, purchase orders, subcontractor costs, and materialexpenditures.
• Coordinate withPlanning, Procurement, Engineering, and Site Execution teams to monitorproject progress and cost performance.
• Review andvalidate subcontractor payment applications, progress claims, andvariation orders.
• Analyze labor,equipment, material, and subcontractor productivity to identifycost-saving opportunities.
• Prepare monthlycost reports, earned value analysis, and project performance dashboards.
• Monitor changeorders, claims, and additional works to assess their financial impact.
• Support projectmanagers in preparing revised budgets and recovery plans for costoverruns.
• Maintainaccurate records of project costs, commitments, forecasts, and financialdocumentation.
• Participate inproject meetings and provide management with timely cost performanceupdates.
• Assist inproject close-out, final cost reconciliation, and lessons-learnedreporting.
• Ensurecompliance with company cost control procedures, contractual requirements,and applicable project standards.

Qualifications & Requirements

• Bachelor'sdegree in Civil Engineering from a recognized university.
• Minimum 3-5years of relevant experience in project cost control within civil,infrastructure, or EPC construction projects.
• Strongknowledge of budgeting, cost forecasting, earned value management, andcost variance analysis.
• Provenexperience in monitoring civil construction costs, subcontractor payments,and project financial performance.
• Proficiency inMicrosoft Excel, Primavera P6, and cost control or ERP systems.
• Familiaritywith quantity surveying, BOQs, construction contracts, and variationmanagement.
• Ability tointerpret engineering drawings, project schedules, and technicalspecifications.
• Stronganalytical, numerical, and reporting skills.
• Excellentcommunication and coordination abilities.
• Ability to workunder pressure and manage multiple project priorities.
• Knowledge ofSaudi Arabian construction practices and local market conditions.
• Saudi Councilof Engineers registration or eligibility is preferred.
• Experience withSaudi Aramco, SABIC, Royal Commission, or major projects is anadded advantage.
• Strongattention to detail and commercial awareness.
• Ability toindependently manage project cost reporting and forecasting.
• Experience withEarned Value Management (EVM), including CPI, SPI, and EAC.
• Knowledge ofFIDIC contracts and project change management.
• Proactiveapproach to identifying cost risks and recommending corrective actions.
• Strongcollaboration skills with project management and multidisciplinary teams.