Senior Cost Control Engineer

Hill International; Jeddah; On-site; SAR 300,000 - 400,000; Full time

Job summary

A leading project management company in Jeddah seeks an experienced financial manager specializing in cost control. You will develop strategies, monitor financial data, and present reports to senior management. Ideal candidates have over 15 years of experience in financial management and excel in communication skills, both in Arabic and English. Competitive compensation is offered.

Qualifications

• 15+ years of experience in cost control on major initiatives.
• Extensive knowledge in financial data analysis.
• Ability to present budgets to senior management.

Responsibilities

• Develop cost control strategies for effective financial management.
• Monitor financial data for cost-saving opportunities.
• Prepare financial reports and budget forecasts.

Skills

Financial management

Cost control strategies

Negotiation skills

Bilingual in Arabic and English

Communication skills

Education

Bachelor / Master Degree in Accounting or Engineering

Job description

General Description of Role and Responsibilities

• Develop and implement cost control strategies and procedures to ensure effective financial management
• Monitor and analyze financial data to identify cost-saving opportunities and improve profitability
• Prepare and present financial reports, budget forecasts, and variance analysis to senior management
• Coordinate with project managers and department heads to track and control project costs
• Review and approve purchase orders, invoices, and expense reports to ensure compliance with company policies and budget limits
• Conduct regular audits of financial records and procedures to identify and resolve discrepancies
• Train and mentor cost control staff to ensure their understanding of cost control processes and procedures
• Collaborate with cross-functional teams to develop cost reduction initiatives and drive efficiency
• Stay updated on industry trends, regulations, and best practices in cost control and financial analysis
• Provide guidance and support to the finance team on cost control matters
• Informs themselves of the relevant Quality, Environmental, Safety and Occupational Health Policies, Manuals and Procedures in place within Hill International, and ensures continued compliance with these requirements while employed by Hill.
• Perform other duties as assigned by the line manager/supervisor.

Qualifications, Experience, Knowledge and Skills

• Bachelor / Master Degree in Accountant or Engineering from an accredited university.
• Minimum 15 years experience in related field on national / international major initiatives and developments.
• Extensive knowledge and experience in project cost.
• Extensive experience in managing and prioritizing projects costs.
• Ability to present budgeting plans and requirements to senior management and other government authorities.
• Ability to negotiate with multiple stakeholders to secure cost for projects
• Capable to fluently communicate in Arabic and English
• Excellent Verbal and written communication skills.