Senior Cost Control Engineer – Construction Forecasting

Alfanar Group; Riyadh; On-site; SAR 201,000 - 357,000; Full time

Job summary

Alfanar Projects is seeking a Senior Cost Control Engineer to manage and forecast costs across multiple construction projects in Riyadh. You will set up project budgets, monitor actuals and commitments, and deliver timely forecasts to enable proactive decision-making.

The role requires a civil, mechanical, or electrical engineering background, 5–7 years of cost control experience in large construction or EPC environments, and hands-on use of SAP PS/CO, Excel, Primavera, and Power BI.

Qualifications

• Bachelor's degree in Civil, Mechanical, or Electrical Engineering.
• 5–7 years of cost control experience in large construction or EPC.
• Hands-on experience setting up budgets, tracking costs and preparing forecasts.
• Good understanding of EAC, cash flow forecasting, % complete, and cost performance.
• Experience with SAP PS/CO or similar project cost management system.

Responsibilities

• Set up cost breakdown structures and budgets in SAP or similar system.
• Review scope to prepare estimates to complete.
• Track actual costs, commitments, and budget changes.
• Compare budgeted vs actual and forecast costs.
• Prepare and update cost forecasts, cash flows, and reports.
• Analyze percentage of completion and financial performance with teams.
• Review proposed budget revisions.
• Collaborate with project execution, planning, resources, and supply chain teams.
• Highlight cost risks early.
• Support cost-saving initiatives.
• Prepare clear reports and dashboards.

Skills

Cost control

Forecasting

Budget tracking

Financial reporting

Education

Bachelor's degree in Civil, Mechanical, or Electrical Engineering

Tools

SAP PS/CO

Excel

Primavera

Power BI

Job description

Alfanar Projects is seeking a Senior Cost Control Engineer to manage and forecast costs across multiple construction projects in Riyadh. You will set up project budgets, monitor actuals and commitments, and deliver timely forecasts to enable proactive decision-making.

The role requires a civil, mechanical, or electrical engineering background, 5–7 years of cost control experience in large construction or EPC environments, and hands-on use of SAP PS/CO, Excel, Primavera, and Power BI.