Senior Cost Control Engineer

Job Summary

Job Description Senior Cost Control Engineer

Position: Senior Cost Control Engineer

Location: Saudi Arabia

Experience: 5 to 10 Years

Job Overview

The Senior Cost Control Engineer is responsible for planning monitoring analyzing and controlling project costs to ensure financial efficiency and compliance with approved budgets. The role involves close coordination with project management engineering procurement and finance teams to support accurate cost forecasting reporting and decision-making in construction infrastructure and industrial projects.

Key Responsibilities

• Develop and maintain project budgets cost plans and cost breakdown structures (CBS/WBS).
  

• Monitor project expenditures and ensure alignment with approved budgets.
  

• Prepare and analyze cost reports variance reports and cash flow forecasts.
  

• Track project commitments invoices and payments in coordination with finance teams.
  

• Evaluate cost variations change orders and claims and recommend corrective actions.
  

• Perform cost estimation and budgeting for new projects and variations.
  

• Review subcontractor and supplier quotations invoices and payment certificates.
  

• Support project managers in financial planning and cost optimization strategies.
  

• Ensure compliance with contractual commercial and company financial procedures.
  

• Maintain accurate cost records documentation and audit trails.
  

• Assist in project close-out activities including final accounts and financial reconciliation.
  

• Provide management with timely financial insights and performance indicators.
  

Essential Qualifications

• Bachelors Degree in Engineering Quantity Surveying Construction Management or related discipline.
  

• Professional certifications in Cost Engineering / Project Controls (preferred).
  

• Minimum 5 to 10 years of relevant experience in cost control and project controls.
  

• Experience in construction oil & gas infrastructure or industrial projects is preferred.
  

• Prior experience working in Saudi Arabia or GCC projects is an advantage.
  

Skills & Competencies Required

• Strong knowledge of cost control systems budgeting and forecasting techniques.
  

• Proficiency in MS Excel MS Office and cost management software (Primavera P6 SAP Oracle etc.).
  

• Excellent analytical numerical and reporting skills.
  

• Ability to interpret contracts BOQs and commercial documents.
  

• Strong coordination and communication skills with multidisciplinary teams.
  

• High attention to detail and accuracy in financial reporting.
  

• Ability to work under pressure and manage multiple project deadlines.
  

• Strong problem-solving and decision-making abilities.
  

• Good written and verbal communication skills in English.
  

Company Industry

IT Services and IT Consulting

Key Skills

• Abinitio
• Corporate Communications
• Healthcare
• Fire
• Client Services
• AS 400

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