Strategic Project Cost Controller

Power International Holding (PIH); Saudi Arabia; On-site; SAR 120,000 - 180,000; Full time

Job summary

Power International Holding (PIH) is seeking a Cost Control Officer to monitor and manage project expenditures, ensuring budgets are respected and identifying cost-saving opportunities. The role requires analyzing financial data, preparing forecasts, and performing variance analysis to support informed decision-making.

You will work to optimize profitability, collaborate with project managers and suppliers, and contribute to risk mitigation within Saudi Arabia's project landscape.

Qualifications

• Experience with cost control and budgeting in large projects.
• Ability to analyze cost variances and provide actionable insights.
• Familiarity with procurement, contracts, and risk assessment.
• Strong Excel and data analysis skills.

Responsibilities

• Monitor project budgets and expenditures to ensure alignment with financial plans.
• Track and analyze project costs including labor, materials, subcontractors, and overhead.
• Conduct cost analyses and cost-benefit evaluations to identify savings opportunities.
• Prepare forecasts and projections based on timelines, resources, and market trends.
• Perform variance analysis and implement corrective actions to mitigate risks.
• Generate regular cost reports and statements for management review.
• Develop and implement cost control procedures and best practices.
• Assist in contract reviews to optimize cost-effectiveness and compliance.
• Collaborate with vendors and stakeholders on pricing and payment terms."],
• CoT_job_summary_short
• COMPANY NAME: Power International Holding (PIH)
• KEY POINTS: Monitor budgets, conduct cost analysis, mitigate financial risks, manage procurement
• job_summary_short
• <p>Power International Holding (PIH) is seeking a Cost Control Officer to monitor and manage project expenditures, ensuring budgets are respected and identifying cost-saving opportunities. The role requires analyzing financial data, preparing forecasts, and performing variance analysis to support informed decision-making.</p><p>You will work to optimize profitability, collaborate with project managers and suppliers, and contribute to risk mitigation within Saudi Arabia's project landscape.</p>
• contract_type
• fulltime
• location_type
• on site
• remote_scope
• null
• perks
• []
• stated_min
• null
• stated_max
• null
• stated_absolute
• null
• salary_estimation_cot
• Cost Control Officer in Saudi Arabia: market rate SAR 120k–180k gross annually.
• estimated_low
• 120000
• estimated_medium
• 150000
• estimated_high
• 180000
• currency
• SAR
• frequency
• yearly
• bonus
• null
• tax
• gross
• application_email
• null
• job_end_date
• null
• contact_person
• null
• hiring_department_name
• null

Skills

Cost control packages (Candy CCS)

Cost planning & scheduling

Project controls procedures

Computer proficiency & tech literacy

SAP knowledge

Education

Bachelor's Degree in Accounting or related field

Tools

Candy CCS

SAP

Job description

Power International Holding (PIH) is seeking a Cost Control Officer to monitor and manage project expenditures, ensuring budgets are respected and identifying cost-saving opportunities. The role requires analyzing financial data, preparing forecasts, and performing variance analysis to support informed decision-making.

You will work to optimize profitability, collaborate with project managers and suppliers, and contribute to risk mitigation within Saudi Arabia's project landscape.