Senior Cost / Budget Controller

Penspen; Eastern Province; Presencial; SAR 300 000 - 540 000; Tempo integral

Resumo da oferta

Penspen is seeking a Cost Engineer to provide cost management and budgeting oversight for oil and gas projects in Alkhafji, KSA. You will review estimates, lead cost reviews, validate progress, and support cash flow forecasting in line with contractual commitments.

The role requires 6–14 years on major Oil & Gas projects, strong analytical skills, and experience with cost accounting procedures. Based in Alkhafji, this is a full-time position with opportunities to contribute to lessons learned

Qualificações

• Bachelor's degree in engineering/quantity surveying/administration/business or equivalent.
• Diploma with certificate in project cost related expertise.
• A minimum of 6 years project cost engineering experience for major Oil & Gas/Petrochemical projects.

Responsabilidades

• Provide overall cost management and budget control oversight for the project, ensuring EPC contractor financial performance aligns with approved budgets and contractual commitments.
• Review cost estimates, budgets, commitments, and forecasts submitted by the EPC contractor.
• Lead cost reviews, validate progress and cost reports, and provide variance analysis and recommendations.
• Evaluate contractor cost control procedures, ensuring compliance with PMS and Client requirements.
• Support the Project Controls Manager in developing cost baselines, change control procedures, and cash flow forecasting.
• Review and validate claims, invoices, and variation orders for accuracy and contract compliance.
• Prepare monthly cost performance summaries and support final cost closeout and lessons learned documentation.

Conhecimentos

Cost management

Budget control

Cost reporting

Variance analysis

Formação académica

10 years experience

14 years experience

Descrição da oferta de emprego

Penspen is a leading energy services company, providing engineering, project management, asset management and integrity services to the energy industry worldwide for over 70+ years. Originally founded in the UK in 1954 as Spencer & Partners, the company has now grown to include almost 1,000 members of staff, with major offices in London, Mexico, Colombia Houston and Abu Dhabi, Saudi Arabia, Kuwait. ( https://www.penspen.com )

About The Job

• Provide overall cost management and budget control oversight for the project, ensuring EPC contractor financial performance aligns with approved budgets and contractual commitments.
• Review cost estimates, budgets, commitments, and forecasts submitted by the EPC contractor.
• Lead cost reviews, validate progress and cost reports, and provide variance analysis and recommendations.
• Evaluate contractor cost control procedures, ensuring compliance with PMS and Client requirements.
• Support the Project Controls Manager in developing cost baselines, change control procedures, and cash flow forecasting.
• Review and validate claims, invoices, and variation orders for accuracy and contract compliance.
• Prepare monthly cost performance summaries and support final cost closeout and lessons learned documentation.

Education & Years Of Experience

• Alternative (I): Bachelor's Degree in Engineering/Quantity Surveying/Administration/Business or Equivalent closely related field.
• Alternative (II): Diploma or Equivalent with a Certificate from a recognized agency in project cost related expertise.
• Alternative (I): Ten (10) Years
• Alternative (II): Fourteen (14) years
• A minimum of Six (6) years Project cost engineering experience for major Oil and Gas/Petrochemical projects.
• Capable of evaluating and consulting on project cost accounting.

The job location will be based on Alkhafji - KSA.