63 Cost Control jobs in Saudi Arabia

Cost Control Manager

Riyadh, Riyadh UCC Holding

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Job Description

The Cost Control Manager ensures the financial health of projects by developing, monitoring, and managing budgets. They provide accurate cost estimates, track expenditures, and identify variances to maintain financial control. Their role involves implementing effective cost control systems and strategies to optimize resource allocation and achieve financial efficiency.

Job Responsibilities

Develop detailed project and departmental budgets, ensuring they align with overall organizational financial goals.

Prepare accurate cost estimates for projects, incorporating all potential expenses and risks to forecast financial needs.

Monitor and track project expenditures continuously, comparing actual costs against budgeted amounts.

Analyze cost variances, identify reasons for discrepancies, and recommend corrective actions to manage budget deviations.

Generate detailed financial reports, highlighting key metrics, trends, and issues for senior management and stakeholders.

Implement and maintain robust cost control systems and procedures to ensure financial accuracy and efficiency.

Identify financial risks and develop mitigation strategies to prevent cost overruns and budgetary impacts.

Review and manage contracts, ensuring compliance with financial terms and addressing any cost-related issues.

Communicate effectively with project managers, finance teams, and other stakeholders to ensure alignment on financial matters.

Identify opportunities for improving cost control practices and processes, implementing changes to enhance financial management.

Job Experience

Minimum 8 years working experience, 5 years in a relevant supervisory position, 2 years GCC experience is a plus

Education

  • Bachelor's Degree in Finance, Accounting, Economics, Pubic Administration or business administration, and other related field
  • Master's degree in Accounts and Finance
Seniority level
  • Seniority level Mid-Senior level
Employment type
  • Employment type Full-time
Job function
  • Industries Construction and Building Construction

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Riyadh, Riyadh, Saudi Arabia 56 minutes ago

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Cost Control Engineer

TRS Staffing Solutions

Posted 1 day ago

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Job Description

We are assisting a client in Saudi Arabia currently looking for Cost Control Engineer with shipbuilding/ship maintenance experience.

Job Objective:
Ensure that all project Cost Control related activities are carried out in accordance with Company policies and Procedures.

Roles & Responsibilities:

  • Develop systems and procedures for Cost Control Function (including interface with ERP team during establishment / troubleshooting phase) and monitor project total expenditure including verifying and checking of invoices and claims from Suppliers, Vendors and Subcontractors to ensure that all project expenditures are captured and properly recorded.
  • Understand cost estimates including material, manpower, Asset Management & Marine Operation. Coordinate with the Business Development team whenever discrepancies are noticed.
  • Upload all relevant project cost and expenses data in the designated project management software with clear schedules of when the expenses are likely to be incurred.
  • Create a process of information flow with respect to each expense head (such as material, manpower, AMMO, PMT etc.).
  • Monitor cost performance and generate variance / exception reports as and when required. Present the same to Project manager and obtain approval to distribute further as per distribution matrix.
  • Be responsible for assessing potential Change Management (Internal / Customer / Supplier). Coordinate with the project stake holders on the same.

Qualifications:
  • Engineering Degree
  • PMP Certificate
  • Earned Value Management exposure - required
  • Minimum 9-12 years of experience preferable in the Shipbuilding/Ship Maintenance industry
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Cost Control Engineer

AL-AYUNI Investment and Contracting Company

Posted 20 days ago

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responsible for monitoring expenses, comparing budgets with actual spending, and overseeing cost management during major changes in products or processes. generate reports that influence managerial decisions and should have expertise in data and financial analysis. Their role involves setting standard costs, examining discrepancies in expenditures, and producing detailed reports both regularly and as needed. Additionally, they design and oversee budgets, track expenditures, and perform financial process audits and transaction evaluations. Skills like problem-solving, team-working, project management and being detail-oriented are highly desirable

  • Principal Accountabilities: (the 6-9 main areas of responsibility)

Cost control Engineer

  • Continuous monitoring of actual costs.
  • Prepare the detailed planning of the project's budget.
  • Ensure department managers meet budget submission deadlines
  • Analyse financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget
  • Co-ordinate with Projects cost controller / Project manager / Director
  • Forecasting future expenditures.
  • Examining discrepancies in expenditures
  • Optimizing as necessary to avoid budget overruns.
  • Maintenance of the allocation system (cost center - allocation methodology - cost category)
  • Performing the month end close closing activity and checklist.
  • Preparation of the project performance reports
  • Closely cooperate with operation team
  • Participate in the Simplification (standardized the process)

Self-Management

  • Define performance goals at the start of the year in discussion with the reporting manager and ensure that the goals are monitored and achieved during the course of the year
  • Take ownership of your own learning agenda by identifying development needs in consultation with the reporting manager and working towards bridging the gaps through various means which go beyond just training
  • Understand the competencies relevant to the role, and work towards displaying as well as developing these effectively
  • Keep abreast of relevant professional developments, new techniques, and current issues through continued education and professional networks
  • Handle any additional tasks as per business needs

Policies, Processes & Procedures

  • Follow all relevant company and ePMO department policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.
  • Comply with all relevant safety, quality, and environmental management policies, procedures, and controls to ensure a healthy and safe work environment.
  • Comply with all relevant information security practices and standards to ensure data integrity and confidentiality.
  • Key Relationships: (What are the key internal and external relationships necessary for achievement of the job accountabilities)

Internally

  • Planning & Cost Control Supervisor
  • PMO Department Employees
  • Finance Department Employees
  • Projects Employees

Externally

  • Vendors
  • Subcontractors
  • Consultants
  • Governmental Authorities & Ministries

Required Academic Qualification

  • Specification

Bachelor

  • Degree

Engineering, Construction Management, costing knowledge

  • Years of Experience
  • 8+ years of relevant experience in construction projects cost control
  • PMP Certificate preferrable. CMA or any financial certificates
  • Skills and Competencies (What is required for fully acceptable performance in the job?)

Name

Level

Cost Consciousness

Basic

Project Management

Basic

Process Improvement

Basic

Follow Up & Coordination

Basic

Stakeholders Management

Basic

Seniority level
  • Seniority level Not Applicable
Employment type
  • Employment type Full-time
Job function

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Cost Control Engineer

Riyadh, Riyadh Albawani | البواني

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With three decades of contracting experience, Al Bawani Construction is proud to hold a Class-1 rating – this is the highest ranking in the Saudi turnkey-project classification system. The company is also ISO9001:2015 certified for its Quality Management System.

Job Title: Cost Control Engineer

Main roles and responsibilities:

  • Responsible for the implementation of Cost Control Department-related policies and procedures.
  • Controlling and monitoring the project total expenditure, including verifying and checking the invoices and claims from suppliers, vendors, and subcontractors to ensure that all project expenditures are captured and properly recorded.
  • Following up & coordinating with the budgeting department for any update on the approved budget.
  • Coordinating with budgeting departments to establish the proper coding of all activity items.
  • Following up on the uploading of the project budget in 5 categories and the related data in the ERP system.
  • Following up on the daily cost data required for the cost entries in the ERP system.
  • Preparing and reviewing data required for the cost report, Materials, Manpower, Equipment, Sub-cont., uncategorized cost and Indirect cost.
  • Monitoring on daily basis all forms of cost control data which are applied on sites.
  • Following up any issued variation orders or new additional items to create them in the ERP system.
  • Analyzing the actual cost data to confirm it is matching the activities done on-site.
  • Advising the Senior Cost Control Engineer of any potential cost overrun.
  • Advising the Senior Cost Control Engineer of the cost negative Variance when they occur.
  • Calculating the Earned Value (depending on the Actual Progress on Site) and comparing it with its actual cost.
  • Calculating the Forecast Cost at completion & Cost variance at completion under supervision of the Senior Cost Control Engineer.

Education and Experience:

  • Bachelor’s degree in engineering, Quantity Surveying or other relevant disciplines
  • Minimum Experience 5+ years in Cost Control.
  • Experience in Mixed use Projects.
  • Candidate must be proficient with the procedure, project control software, and should be familiar with the scheduling process.
  • Reasonable knowledge of construction projects Cost management software and MS Office Software.
  • Competitive salary and comprehensive benefits package
  • Opportunities for professional development and growth
  • Collaborative and innovative work environment
Seniority level
  • Seniority level Entry level
Employment type
  • Employment type Full-time
Job function
  • Industries Construction
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Riyadh, Riyadh, Saudi Arabia 30 minutes ago

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Cost Control Engineer

Confidential Government

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The Cost Control Engineer is responsible for monitoring, controlling, and forecasting project costs to ensure alignment with the approved budget and financial goals. This role supports project managers by providing timely and accurate cost reports, identifying cost variances, and recommending corrective actions.

Key Responsibilities:

Develop and maintain detailed cost control systems, including budgets, forecasts, and cost reports.

Monitor project expenditures and ensure alignment with the budget and contract terms.

Analyze project cost trends and provide variance analysis between actual and planned costs.

Support procurement and contract teams with cost-related data for negotiations and approvals.

Update cost reports on a regular basis and present to project stakeholders.

Participate in project planning and scheduling activities to align cost forecasts with progress.

Requirements:

Bachelor’s degree in Engineering, Construction Management, Finance, or a related field.

2–4 years of experience in cost control within construction, engineering, or infrastructure projects.

Seniority level
  • Seniority level Mid-Senior level
Employment type
  • Employment type Full-time
Job function
  • Job function Project Management
  • Industries Government Administration

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Cost control Engineer

Riyadh, Riyadh CBS Comprehensive Business Services

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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.

Responsibilities

  • 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


Requirements

  • 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

Seniority level
  • Seniority level Mid-Senior level
Employment type
  • Employment type Full-time
Job function
  • Industries IT Services and IT Consulting

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Cost Control Engineer

TRS Staffing Solutions

Posted today

Job Viewed

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Job Description

We are assisting a client in Saudi Arabia currently looking for Cost Control Engineer with shipbuilding/ship maintenance experience. Job Objective:
Ensure that all project Cost Control related activities are carried out in accordance with Company policies and Procedures. Roles & Responsibilities:

  • Develop systems and procedures for Cost Control Function (including interface with ERP team during establishment / troubleshooting phase) and monitor project total expenditure including verifying and checking of invoices and claims from Suppliers, Vendors and Subcontractors to ensure that all project expenditures are captured and properly recorded.
  • Understand cost estimates including material, manpower, Asset Management & Marine Operation. Coordinate with the Business Development team whenever discrepancies are noticed.
  • Upload all relevant project cost and expenses data in the designated project management software with clear schedules of when the expenses are likely to be incurred.
  • Create a process of information flow with respect to each expense head (such as material, manpower, AMMO, PMT etc.).
  • Monitor cost performance and generate variance / exception reports as and when required. Present the same to Project manager and obtain approval to distribute further as per distribution matrix.
  • Be responsible for assessing potential Change Management (Internal / Customer / Supplier). Coordinate with the project stake holders on the same.
Qualifications:
  • Engineering Degree
  • PMP Certificate
  • Earned Value Management exposure - required
  • Minimum 9-12 years of experience preferable in the Shipbuilding/Ship Maintenance industry
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Cost Control Engineer

Archirodon Group N.V

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Job Description

Company Description
**Archirodon**, having earned its reputation as a reliable and respected international contractor for more than a half century in the Engineering, Procurement and Construction (EPC) market, continues to create value to its stakeholders by executing complex EPC projects worldwide, in recognition of its superior standards of performance.**
- We have an outstanding record in completing major Energy, Marine, Infrastructure and Defense & Security projects around the globe and we pride ourselves on delivering over the years the kind of reliability and trust that the client has the right to expect from a major EPC contractor._

**Job Description**:
We are constantly growing and are currently looking for a **One (1) Cost Control Engineer **to join a top qualified and knowledgeable team of Engineers in our project in NEOM, Kingdom of Saudi Arabia.

Would you like to be part of a dynamic EPC leader with global presence? We’d like to meet you.

Join our worldwide journey. Build on something that matters!

**What you will need to do**:

- Participates in preparing Cost Breakdown Structure (CBS) and establishing Project Cost Centres.
- Participates in transforming the Tender Estimate into Project First Budget.
- Ensures that costs are properly allocated to relevant Cost Centres.
- Participates in preparing budgets and current estimates.
- Participates in estimating new rates, pricing of variations, assessment of claims’ cost impact.
- Monitors project actual costs, determine and analyse cost variances and develop cost trends and projections using and presenting the Budgeted Cost for Work Scheduled, Budgeted Cost for Work Performed, Actual Cost for Work Scheduled, Actual Cost for Work Performed and Cost Performance Index.
- Participates in preparing cost reports or providing the necessary information for such reports.
- Maintains records of actual cost elements (materials, equipment, manpower etc.) to use in the Project Close-Out Report and to provide feedback to tendering department.
- Liaises with project different sections in cost allocation, accounting and control matters.
- Participates in preparing the Project Close-Out Report and Lessons Learnt

**What you will need to have**:

- University degree in Civil Engineering
- Average 5 years working experience in Cost Control/Cost Estimation (Civil Specialization) with EPC/Heavy Industrial construction company, preferably on larger projects.
- Added advantage if worked in Tunnels projects in KSA
- Good knowledge of MS office
- Ability to do verbal and written communication in English (Working excellence).

**You are someone who**:

- Good communication and interface with Project Team
- Operational mindset
- Has excellent organizational skills
- Is passionate about his/her field of expertise and determined to succeed

**What's in it for you**:
Expat package is on the shelf, yet the real joy comes from being a member of smart and passionate teams, within an international leading EPC Group on a mission that matters. We create mega construction projects - literally around the globe - with meaningful impact on the local communities for the years to come. At Archirodon, you will find a proud, productive and human-centric culture, caring for and building on our people and their development!
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Senior Cost Control Engineer

Riyadh, Riyadh Egis Group

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Job Description

About Us


Egis is an international player active in architecture, consulting, construction engineering and mobility services. We create and operate intelligent infrastructures and buildings that respond to the climate emergency and contribute to more balanced, sustainable and resilient territorial development. Operating in 100 countries, Egis puts the expertise of its 19,500 employees at the service of its clients and develops cutting-edge innovations accessible to all projects. Through its wide range of activities, Egis is a key player in the collective organisation of society and the living environment of citizens all over the world.

With 3,500 employees across 8 countries in the Middle East, Egis has delivered over 700 complex development projects, stimulating economic growth and enhancing quality of life. Ranked among the top ten firms in the Middle East by Engineering News Record (ENR), Egis is committed to sustainable development. The Group’s operations in the Middle East are built on strategic acquisitions and a deep understanding of local market conditions. Egis has long history of providing comprehensive engineering, consulting, and project management services makes it a trusted partner for regional governments, investors, and developers.


About the Role


• Minimum 10 years’ experience in cost control including having been a similar role for large-scale projects.

• Experience in performing, monitoring, and reviewing cost engineering functions, including cost estimating, cost control, financial reporting systems, and cost analysis, in the field and the home office.

• Statistical knowledge in the areas of sampling distributions, probability, and hypothesis testing. Knowledge personnel administration, and training of technical and non-technical personnel.

• Demonstrated ability to plan, organize, direct, perform, review, and present cost engineering and cost estimating products. This includes planning and scheduling products independently with minimal supervision using a high level of professional judgment and knowledge related to technical planning and scheduling skills and engineering design and construction practices.

• Skilled in verbal and written communication.

• Advanced level of knowledge of engineering, procurement, contracts, construction, and startup work processes.

• Knowledge of engineering and construction management usually acquired over time through specialized instruction or practical experience.


What do we need from you


Bachelor’s in engineering from an accredited university.
Minimum 10 years’ experience in cost control including having been a similar role for large-scale projects.

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Senior Cost Control Engineer

Jeddah, Makkah Hill Intl.

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Job Description

Hill International provides comprehensive program, project, and construction management services for clients across diverse sectors undertaking major construction projects worldwide. Our expertise includes cost engineering and estimating, quality assurance, inspection, scheduling, risk management, and claims avoidance. To learn more about Hill International, please visit our website at

We are committed to delivering exceptional project management services and solutions globally. Whether you are an experienced project manager, engineer, or a recent graduate eager to launch your career in the construction industry, we have opportunities that will both challenge and inspire you.

We are currently looking for a SENIOR COST CONTROL ENGINEER to join our mega WATER - WASTEWATER project in SAUDI ARABIA (Jeddah, Riyadh, Dammam, Qassim) . Submit your application in English today at .

Join us and be part of a team that's shaping the future of the construction industry!

Qualifications
  • Minimum 15 years’ experience in related field on national/international major initiatives and developments.
  • Extensive knowledge and experience in project cost.
  • Extensive experience in managing and prioritizing projects costs.
  • Ability to present budgeting plans and requirements to senior management and other government authorities.
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