Senior Cost Control Engineer (E2)

HILL INTERNATIONAL; Riyadh; On-site; SAR 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a Senior Cost Control Engineer to lead financial management strategies for major projects. This role involves developing cost control procedures, analyzing financial data, and collaborating with project managers to optimize costs. The ideal candidate will have extensive experience in cost management, strong communication skills, and the ability to negotiate with stakeholders. Join a dynamic team and contribute to impactful projects while ensuring compliance with industry standards and best practices. This is an exciting opportunity to make a significant impact in a reputable organization.

Qualifications

• 15+ years of experience in cost control for major projects.
• Strong background in financial management and analysis.

Responsibilities

• Develop and implement cost control strategies for effective financial management.
• Monitor financial data to identify cost-saving opportunities.

Skills

Financial Analysis

Cost Control Strategies

Budget Forecasting

Project Management

Negotiation Skills

Communication Skills

Education

Bachelor's Degree in Accounting

Master's Degree in Engineering

Job description

About the job Senior Cost Control Engineer (E2)

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.