Senior Cost Control Manager

Dar Al Riyadh Group; Riyadh; On-site; SAR 450,000 - 750,000; Full time

Job summary

Dar Al Riyadh Group seeks a Cost Control Manager with 15+ years of PMC project experience to lead cost control initiatives across project lifecycles. You will collaborate with project teams, monitor budgets, and provide clear reporting to clients and management, using strong English and Arabic communication.

The role requires deep knowledge of cost control principles, financial software proficiency, and compliance with regulations. Based in Riyadh with a focus on Middle East PMC programs.

Qualifications

• Develop and manage project cost budgets across all phases.
• Ensure accurate cost estimation and monitoring against budgets.
• Conduct variance analysis and explain significant deltas.
• Prepare regular financial reports for management and clients.
• Ensure compliance with financial regulations and reporting standards.
• Stay updated on cost management best practices.
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• Experience: 15 years in Cost Control Manager roles in PMC projects.
• Bilingual English and Arabic proficiency.
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• Bachelor's or Master's in Civil Engineering, PM or related field.

Responsibilities

• Collaborate with project teams to control and mitigate costs.
• Act as a point of contact for clients regarding cost matters.
• Provide timely responses to client inquiries and concerns.
• Support internal and external audits with organized records.
• Conduct regular reviews of project costs.

Skills

Cost control

Budgeting

Forecasting

Financial analysis

English-Arabic bilingual

Education

Bachelor's or Master's degree in Civil Engineering

Project Management related degree

Tools

Financial software and tools

Job description

• Collaborate with project managers and stakeholders to develop comprehensive project budgets.
• Ensure accurate estimation of costs, considering all project phases.
• Implement robust cost monitoring systems to track project expenditures against approved budgets.
• Conduct regular reviews and analyses of project costs.
• Develop and maintain accurate financial forecasts for ongoing and upcoming projects.
• Identify potential cost variations and take proactive measures to address them.
• Conduct variance analysis to compare actual costs against budgeted costs.
• Investigate and explain any significant variances.
• Manage and administer change orders, assessing their impact on project budgets.
• Collaborate with project teams to control and mitigate additional costs.
• Act as a point of contact for clients regarding cost-related matters.
• Provide timely responses to client inquiries and concerns related to project finances.
• Prepare regular financial reports for project management and clients.
• Communicate financial status, cost trends, and forecasts to relevant stakeholders.
• Support internal and external audits by providing accurate and organized financial records.
• Ensure compliance with financial regulations and reporting standards.
• Stay updated on industry best practices in cost management and financial control.
• Recommend improvements to enhance the efficiency of cost control processes.
• Bachelor's or Master's degree in Civil Engineering, Project Management, or a related field.
• Minimum of 15 years of experience as a Cost Control Manager in PMC projects.
• Bilingual proficiency in English and Arabic (both written and spoken).
• Strong knowledge of cost control principles and practices.
• Excellent financial analysis and reporting skills.
• Proficient in financial software and tools.
• Professional certifications in finance or related fields.
• Experience in managing costs for PMC projects within the Middle East region.