About the Role
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We are seeking a Cost Control Engineer to join our Head Office team in Riyadh, managing budgets, cost reporting, and forecasting across our Construction, Facilities Management, and Electrical Testing projects. The successful candidate will keep project costs under control, flag commercial and cost risks early, and give management accurate, timely cost visibility.
Key Responsibilities
- Develop and maintain project budgets, cost breakdown structures (CBS), and cost control systems in coordination with project and commercial teams.
- Monitor actual costs, commitments, accruals, forecasts, and budget variances, ensuring accurate and timely cost reporting.
- Track subcontracts, purchase orders, material costs, manpower, equipment, and project expenses against approved budgets.
- Prepare monthly cost reports, cash flow forecasts, EAC/ETC, variance analysis, and management dashboards.
- Coordinate with Planning, Commercial, Procurement, Finance, and Project teams to ensure proper cost allocation and financial reporting.
- Monitor variation orders (VOs), claims, and potential cost impacts, providing timely analysis and highlighting commercial and cost risks to management.
Qualifications
- Bachelor’s Degree in Mechanical or Electrical Engineering.
- 2–5 years of experience in project cost control, preferably on construction, MEP, facilities management, or electrical testing projects.
- Solid understanding of budgeting, forecasting, cash flow, EAC/ETC, and variance analysis.
- Advanced MS Excel skills; experience with ERP or cost management systems is an advantage.
- Strong analytical, reporting, and communication skills.
Saudization Commitment
In alignment with the Kingdom’s Vision 2030 and national Saudization initiatives, this position is open exclusively to Saudi nationals who are passionate about building careers in the energy and engineering sectors.
Equal Employment Opportunity
We are an Equal Employment Opportunity Employer committed to providing a fair, inclusive, and diverse workplace. This position is open to qualified candidates of all genders, and employment decisions are based on qualifications, skills, experience, and suitability for the role.
