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Cost control Engineer
Job summary
A dynamic construction company in Saudi Arabia is seeking a detail-oriented Cost Control Engineer to oversee project costs and improve financial performance. The ideal candidate will have a Bachelor's degree and over 8 years of experience in cost control. Responsibilities include managing budgets, analyzing cost data, and collaborating with project teams to promote financial efficiency. This role offers the opportunity to significantly impact construction projects.
Qualifications
- A minimum of 8 years of experience in cost control or cost engineering roles.
- Strong knowledge of construction costs, budgeting, and financial management.
- Certification in cost engineering (e.g., Certified Cost Professional - CCP) is a plus.
Responsibilities
- Develop and maintain project cost control systems and procedures.
- Prepare detailed cost estimates and budgets for projects.
- Monitor and track project expenditures against budget forecasts.
- Provide regular updates to project managers regarding financial status.
- Assist in the preparation of financial reports summarizing project costs.
- Collaborate with project teams to identify cost-saving opportunities.
- Implement best practices in cost control.
Skills
Education
Tools
CBS is on the lookout for a detail-oriented and experienced Cost Control Engineer to join our dynamic team. In this role, you will be responsible for monitoring and managing project costs, ensuring that budgets are adhered to and financial targets are met. You will analyze project cost data, prepare estimates, and develop financial reports to provide insights into project performance and profitability. Your expertise will aid in cost forecasting, identifying variances, and implementing corrective actions as necessary. The ideal candidate will have a strong background in cost engineering, excellent analytical skills, and the ability to communicate financial information clearly to project stakeholders. If you are dedicated to driving efficiency and enhancing financial performance in construction projects, this is the perfect opportunity for you to make an impact at CBS.
- Develop and maintain project cost control systems and procedures.
- Prepare detailed cost estimates and budgets for projects, ensuring all costs are accurately accounted for.
- Monitor and track project expenditures, analyzing variances against budget forecasts.
- Provide regular updates to project managers and stakeholders regarding financial status and potential issues.
- Assist in the preparation of financial reports, summarizing project costs, forecasts, and variances.
- Collaborate with project teams to identify cost-saving opportunities and improve efficiency.
- Implement best practices in cost control and promote financial awareness across project teams.
- Bachelor's degree in Civil Engineering, Construction Management, or a related field.
- A minimum of 8 years of experience in cost control or cost engineering roles.
- Strong knowledge of construction costs, budgeting, and financial management.
- Proficiency in cost control software and Microsoft Excel.
- Excellent analytical, problem-solving, and reporting skills.
- Strong communication skills, with the ability to present financial information clearly.
- Certification in cost engineering (e.g., Certified Cost Professional - CCP) is a plus.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.