Strategic Portfolio Cost Engineer

JASARA PMC; Tabuk; On-site; SAR 420,000 - 660,000; Full time

Job summary

Jasara PMC is seeking a Lead Cost Engineer to steer portfolio-level cost performance across major programs in Saudi Arabia, ensuring budgets, forecasts, and cash flows are accurate and substantiated.

You will oversee cost control cycles, reconciliations, and settlements, lead cost inputs for reports and dashboards, and work with client teams to support executive decision-making. A 20+ year background in project controls is required.

Qualifications

• Bachelor’s degree in Engineering, Construction Management, Quantity Surveying, Project Management, Business, Finance or a related discipline.
• 20+ years of experience in project controls and cost management, including 10+ years on major projects in Saudi Arabia or the GCC.
• Proven experience managing cost control on mega-projects or mixed-use programs with multi-billion SAR portfolios.
• Substantial experience across budgets, accruals, forecasts, commitments, cash flow, funding, and cost reconciliation.
• Experience supporting contract termination, demobilization, preservation, final account, or closeout activities.
• Experience with SAP and Oracle Unifier, advanced Excel, and reporting/dashboard tools.
• Experience presenting cost positions to senior leadership and working with client-side teams.
• Experience handling commercial discussions across contractors and consultants.
• Professional proficiency in English.
• Holding a PMP, CCP, RICS, AACE, or comparable credential is a plus.

Responsibilities

• Own portfolio-wide cost reporting and monthly cost control cycles.
• Manage budgets, allocations, transfers, and cost coding across contracts.
• Develop detailed forecasts, forecast-at-completion positions, and closeout projections.
• Oversee monthly accrual validation, reconciliation, aging reviews, and clearing of unsupported items.
• Track commitments, actuals, liabilities, settlements, and exposure through contract closure.
• Prepare cash flow forecasts and funding requirements for termination, demobilization, preservation, settlement, and closeout.
• Reconcile SAP, Oracle Unifier, commercial records, and project reporting data.
• Lead cost inputs for weekly and monthly reports, dashboards, and presentations.
• Provide cost substantiation for claims, disputes, settlements, and final account reviews.
• Establish reporting templates, controls, and audit trails.
• Explain movements across budgets, commitments, accruals, actuals, cash flow, and forecasts.
• Support portfolio reviews and senior stakeholder discussions.

Skills

Cost control

Budgeting

Forecasting

Excel

Reporting

Dashboards

English

Education

Bachelor’s degree in Engineering, Construction Management or related discipline

Tools

SAP

Oracle Unifier

Job description

Jasara PMC is seeking a Lead Cost Engineer to steer portfolio-level cost performance across major programs in Saudi Arabia, ensuring budgets, forecasts, and cash flows are accurate and substantiated.

You will oversee cost control cycles, reconciliations, and settlements, lead cost inputs for reports and dashboards, and work with client teams to support executive decision-making. A 20+ year background in project controls is required.