Senior Cost Control Engineer

UCC Holding

Riyadh

On-site

SAR 300,000 - 460,000

Full time

3 days ago
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Job summary

UCC Holding is seeking an experienced cost control professional to lead budgeting, forecasting, and cost reporting for large-scale projects in Saudi Arabia. You will monitor expenditures, analyze variances, and support cost-driven decision making with rigorous financial analysis.

The ideal candidate has 8+ years in cost control on mega projects, strong Excel and ERP skills, and outstanding coordination with Commercial, Procurement, Planning, and Finance teams.

Qualifications

  • Bachelor’s degree in Civil Engineering, Quantity Surveying, Construction Management, or a related field.
  • 8+ years of cost control experience in major construction projects.
  • Experience with mega construction, hospitality, mixed-use, infrastructure, or high-value projects is preferred.
  • Strong knowledge of budgeting, forecasting, cost reporting, variations, and financial analysis.
  • Proficiency in Excel and cost-control/project management systems; ERP experience is an advantage.
  • Strong analytical, reporting, coordination, and communication skills.

Responsibilities

  • Develop and maintain project budgets, cost plans, and cost control systems.
  • Monitor actual costs, commitments, accruals, and expenditures against approved budgets.
  • Prepare monthly cost reports, forecasts, cash flow, and cost-to-complete reports.
  • Analyze cost variances and identify potential cost overruns and financial risks.
  • Review subcontractor, supplier, procurement, and variation costs.
  • Monitor project progress against budget and provide accurate financial forecasts.
  • Coordinate with Commercial, Procurement, Planning, Finance, and Project teams.
  • Support preparation and evaluation of variations, change orders, and claims.
  • Maintain accurate cost breakdown structures and project cost databases.
  • Provide management with regular cost analysis and recommendations for corrective actions.
  • Ensure compliance with company cost-control procedures and approved project budgets.

Skills

Cost control
Budgeting
Forecasting
Cost reporting
Financial analysis
Excel
ERP experience
Project cost management

Education

Bachelor's degree in Civil Engineering or related field

Tools

Excel
Cost-management software
ERP systems

Job description

Responsible for monitoring and controlling project costs, budgets, commitments, and forecasts to ensure projects are delivered within the approved budget and financial targets.

Key Responsibilities
  • Develop and maintain project budgets, cost plans, and cost control systems.
  • Monitor actual costs, commitments, accruals, and expenditures against approved budgets.
  • Prepare monthly cost reports, forecasts, cash flow, and cost-to-complete reports.
  • Analyze cost variances and identify potential cost overruns and financial risks.
  • Review subcontractor, supplier, procurement, and variation costs.
  • Monitor project progress against budget and provide accurate financial forecasts.
  • Coordinate with Commercial, Procurement, Planning, Finance, and Project teams.
  • Support preparation and evaluation of variations, change orders, and claims.
  • Maintain accurate cost breakdown structures and project cost databases.
  • Provide management with regular cost analysis and recommendations for corrective actions.
  • Ensure compliance with company cost-control procedures and approved project budgets.
Requirements
  • Bachelor’s degree in Civil Engineering, Quantity Surveying, Construction Management, or a related field.
  • 8+ years of cost control experience in major construction projects.
  • Experience with mega construction, hospitality, mixed-use, infrastructure, or high-value projects is preferred.
  • Strong knowledge of budgeting, forecasting, cost reporting, variations, and financial analysis.
  • Proficiency in Excel and cost-control/project management systems; ERP experience is an advantage.
  • Strong analytical, reporting, coordination, and communication skills.
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