37 Project Cost jobs in Saudi Arabia

Overview

Join to apply for the Project Cost Controller role at WOLFFKRAN .

WOLFFKRAN for Equipment is looking for a talented Project Cost Controller to join our team! This is an exciting opportunity to work at the forefront of one of the giga projects in Saudi Arabia.

• Monitors Project Expenditures against the Approved Budget and identifies and reports variances.
• Checks that time is properly accounted for in projects.
• Produces the Percentage of Completion Sheets for all projects and discusses with the Project Managers, then reports them to Accounting on a monthly basis.
• Analyzes cost variances and provides insights for corrective actions.
• Prepares with the Delivery Director, Finance Director, Supply Chain Manager, Commercial Manager reports and monthly forecasts (Income, Cost, and Cash Flow).
• Participates in Project Reviews and provides financial updates to project stakeholders.
• Records the minutes of the cost control and PMO meetings.
• Ensures adherence to Cost Control Procedures for all projects.
• Reports to the Managing Director and Finance Director on how Project Managers and the Operations Department have achieved its KPIs.
• Monitors the suppliers’ costs in relation to the P.O. issued and received invoices.
• Assists in monthly and quarterly closings and production of reports.

Approves project purchases, expenses and amendments within the Business Plan and flags significant cost deviations requiring management intervention to be sent for final approval by the Company Board and MD.

• Degree qualification or equivalent in Quantity Surveying
• 10+ years’ experience of project cost controlling, change control and reporting in construction projects
• Understanding and experience in forecasting, budget movements, commitments, EFC and cash flows
• Ability to work with other multifunctional stakeholders i.e schedulers/planners, finance, risk
• Good working knowledge of Excel essential, experience with SAP would be advantageous plus Odoo

Seniority level: Associate; Employment type: Full-time; Job function: Finance; Industries: Manufacturing

WOLFFKRAN for Equipment is looking for a talented Project Cost Controller to join our team!

This is an exciting opportunity to work at the forefront of one of the giga projects in Saudi Arabia's .

Job Description: Monitors and controls project costs, ensuring efficient project execution within budget, reports on the progress. Reporting to the Finance Director .

• Monitors Project Expenditures against the Approved Budget and Identifies and Reports Variances.
• Checks that time is properly accounted for in projects.
• Produces the Percentage of Completion Sheets for all the projects and discuss with the Project Managers then reports them to the Accounting on a monthly basis to account for it.
• Analyses Cost Variances and Provides Insights for Corrective Actions.
• Prepares with the Delivery Director , Finance Director, Supply Chain Manager Commercial Manager Reports and Monthly Forecasts (Income, Cost, and Cash Flow).
• Participates in Project Reviews and Provides Financial Updates to Project Stakeholders.
• Records the minutes of the cost control and the PMO meetings.
• Ensures Adherence to Cost Control Procedures for all Projects.
• Reports to Managing Director and Finance Director on How Project Managers and the Operations Department has Achieved its KPIs.
• Monitors the suppliers’ costs in relation with the P.O. issued and received invoices.
• Helps in the Monthly and Quarterly closings and production of reports.

Authorities: Approves project purchase , expenses and amendments within the Business Plan and flags (and significant cost deviations requiring management intervention) to be sent for final Approval by the Company Board and MD.

• Degree Qualification or equivalent in Quantity Surveying
• 10+ years’ experience of project cost controlling, change control and reporting in construction projects
• Understanding and experience in forecasting, budget movements, commitments, EFC and cash flows
• Ability to work with other multifunctional stakeholders i.e schedulers/planners, finance, risk
• Good working knowledge of Excel essential, experience with SAP would be advantageous plus Odoo

WOLFFKRAN for Equipment is looking for a talented Project Cost Controller to join our team!

This is an exciting opportunity to work at the forefront of one of the giga projects in Saudi Arabia's .

Job Description: Monitors and controls project costs, ensuring efficient project execution within budget, reports on the progress. Reporting to the Finance Director .

• Monitors Project Expenditures against the Approved Budget and Identifies and Reports Variances.
• Checks that time is properly accounted for in projects.
• Produces the Percentage of Completion Sheets for all the projects and discuss with the Project Managers then reports them to the Accounting on a monthly basis to account for it.
• Analyses Cost Variances and Provides Insights for Corrective Actions.
• Prepares with the Delivery Director , Finance Director, Supply Chain Manager Commercial Manager Reports and Monthly Forecasts (Income, Cost, and Cash Flow).
• Participates in Project Reviews and Provides Financial Updates to Project Stakeholders.
• Records the minutes of the cost control and the PMO meetings.
• Ensures Adherence to Cost Control Procedures for all Projects.
• Reports to Managing Director and Finance Director on How Project Managers and the Operations Department has Achieved its KPIs.
• Monitors the suppliers’ costs in relation with the P.O. issued and received invoices.
• Helps in the Monthly and Quarterly closings and production of reports.

Authorities: Approves project purchase , expenses and amendments within the Business Plan and flags (and significant cost deviations requiring management intervention) to be sent for final Approval by the Company Board and MD.

• Degree Qualification or equivalent in Quantity Surveying
• 10+ years’ experience of project cost controlling, change control and reporting in construction projects
• Understanding and experience in forecasting, budget movements, commitments, EFC and cash flows
• Ability to work with other multifunctional stakeholders i.e schedulers/planners, finance, risk
• Good working knowledge of Excel essential, experience with SAP would be advantageous plus Odoo

Overview

Turner Lovell is partnering with a renowned global infrastructure and energy organisation delivering complex turnkey projects across the power sector. We are seeking an experienced Project Controller to join a highly regarded project controls team supporting large-scale, multi-functional industrial programs. This role offers the opportunity to contribute to technically ambitious and game-changing projects that are enabling the global energy transition. You'll work in a dynamic, high-impact environment surrounded by committed professionals.

You will be responsible for ensuring rigorous planning, cost tracking, risk analysis, and financial visibility across large-scale projects, while helping drive informed decision-making through high-quality reporting.

• Planning & Scheduling :
• Build and maintain integrated project schedules across all functions and suppliers.
• Ensure schedule alignment with contractual milestones and risk scenarios.
• Conduct critical path analysis and challenge schedule assumptions with stakeholders.
• Facilitate operating rhythm reviews to monitor project status.
• Generate "what-if" scenarios, forecast delays, and propose mitigation plans.
• Work closely with 3rd parties to ensure accurate schedule inputs and reporting.

• Cost Control :
• Implement and maintain standard cost control processes across project scopes.
• Monitor scope evolution and productivity trends to identify cost risks/opportunities.
• Drive budget alignment with sold scope and maintain deviation tracking tools.
• Forecast project costs, challenge functional estimates, and report transparently.
• Support claims and change order analysis with robust financial data.
• Ensure cost reporting is aligned with financial systems and revenue recognition requirements.

• Quality, Compliance & Continuous Improvement :
• Ensure all activities align with internal project control standards (WBS, tools, procedures).
• Identify inefficiencies, contribute to standardisation and lean improvement efforts.
• Promote health, safety, and quality best practices within all project control activities.

• Degree-qualified in engineering with strong financial acumen.
• Minimum 5 years' experience planning and cost controlling complex EPC or turnkey projects.
• Proven track record as lead planner and cost controller on at least two large projects.
• Experienced in schedule risk analysis and cost forecasting in high-stakes environments.
• Proficient in planning tools and reporting platforms.
• Strong communication, analytical and stakeholder engagement skills.
• Knowledge of forensic analysis and claims support is a strong advantage.
• Must be based in KSA; KSA nationals preferred.

• Join a globally respected organisation at the forefront of large-scale energy infrastructure delivery.
• Contribute to complex turnkey projects in a high-growth region at the centre of the energy transition.
• Gain valuable exposure to multidisciplinary engineering, advanced planning tools, and cross-functional collaboration.
• Develop your career within a high-performance culture that rewards technical excellence, ownership, and continuous improvement.

Turner Lovell is partnering with a renowned global infrastructure and energy organisation delivering complex turnkey projects across the power sector. We are seeking an experienced Project Controller to join a highly regarded project controls team supporting large-scale, multi-functional industrial programs. This role offers the opportunity to contribute to technically ambitious and game-changing projects that are enabling the global energy transition. You'll work in a dynamic, high-impact environment surrounded by committed professionals.

You will be responsible for ensuring rigorous planning, cost tracking, risk analysis, and financial visibility across large-scale projects, while helping drive informed decision-making through high-quality reporting.

• Planning & Scheduling :
• Build and maintain integrated project schedules across all functions and suppliers.
• Ensure schedule alignment with contractual milestones and risk scenarios.
• Conduct critical path analysis and challenge schedule assumptions with stakeholders.
• Facilitate operating rhythm reviews to monitor project status.
• Generate "what-if" scenarios, forecast delays, and propose mitigation plans.
• Work closely with 3rd parties to ensure accurate schedule inputs and reporting.

• Cost Control :
• Implement and maintain standard cost control processes across project scopes.
• Monitor scope evolution and productivity trends to identify cost risks/opportunities.
• Drive budget alignment with sold scope and maintain deviation tracking tools.
• Forecast project costs, challenge functional estimates, and report transparently.
• Support claims and change order analysis with robust financial data.
• Ensure cost reporting is aligned with financial systems and revenue recognition requirements.

• Quality, Compliance & Continuous Improvement :
• Ensure all activities align with internal project control standards (WBS, tools, procedures).
• Identify inefficiencies, contribute to standardisation and lean improvement efforts.
• Promote health, safety, and quality best practices within all project control activities.

• Degree-qualified in engineering with strong financial acumen.
• Minimum 5 years' experience planning and cost controlling complex EPC or turnkey projects.
• Proven track record as lead planner and cost controller on at least two large projects.
• Experienced in schedule risk analysis and cost forecasting in high-stakes environments.
• Proficient in planning tools and reporting platforms.
• Strong communication, analytical and stakeholder engagement skills.
• Knowledge of forensic analysis and claims support is a strong advantage.
• Must be based in KSA; KSA nationals preferred.

• Join a globally respected organisation at the forefront of large-scale energy infrastructure delivery.
• Contribute to complex turnkey projects in a high-growth region at the centre of the energy transition.
• Gain valuable exposure to multidisciplinary engineering, advanced planning tools, and cross-functional collaboration.
• Develop your career within a high-performance culture that rewards technical excellence, ownership, and continuous improvement.

JOB DETAILS:
Position Title: Project Finance & Cost Controller
Reports to: Project Manager and Finance Manager
Department: Cost & Accounts
Function: Cost
Job Code:
Prepared / Revised on:

JOB PURPOSE:
To compile, maintain, and provide timely, relevant, and accurate financial performance and cost management data. This individual will prepare and update monthly reports, track performance against projections, work with projects and personnel department to understand cost impacts of manpower status changes, implement corrective action plans to improve cost performance, investigate data and operational inconsistencies, and prepare and analyze monthly financial and operational reports.

JOB DIMENSIONS:
Number of Staff Supervised: Direct Reports: Accounts Officer, Job Cost Controller
Total: 24

KEY ACCOUNTABILITIES:

1. Take active part in preparation of monthly cost reports in close interaction with the Senior Accountant and Finance Manager, generating reports incorporating comments on status on variations/ claims/ receivables etc.
2. Identify areas for implementing internal control and effective reporting.
3. Identify and examine costs inconsistent with projected values; review unusual cost records and ensure accuracy of cost data.
4. Review costs and perform cost benefit analysis related to projects.
5. Assist in calculation of cost savings for budget and measurement of actual savings.
6. Serve as backup to the Accounting Assistant in all G/L transaction posting, standard journal entries and account reconciliations.
7. Act as a resource to Projects regarding all accounting issues, reporting, and analysis.
8. Complete and interpret cost audits.
9. Process and analyze engineering project costs, including tooling, samples, and accounts payable and receivables.
10. Prepare engineering project cost analysis reports for presentation to top management.

COMMUNICATIONS & WORKING RELATIONSHIPS:
Daily Contacts with Senior Accountant, Finance Manager, Project/Production Managers, Procurement, Planning, Personnel/ HR and project team members.

FRAMEWORKS, BOUNDARIES & DECISION MAKING AUTHORITY:
Reports to Senior Accountant. Works according to established policies and professional standards. Completed work is subject to review by Senior Accountant and Finance Manager.

QUALIFICATIONS, EXPERIENCE, & SKILLS:

1. Minimum Qualifications:
   1. 1.5 years professional experience in cost accounting, preferably in EPC turnkey projects environment.
   2. Bachelor's degree in accounting required.
   3. Experience with ERP software required (JD Edwards preferred).
2. Job-Specific Skills:
   1. Must be well organized, detail-oriented, and good with numbers.
   2. Good interpersonal skills.
   3. Strong verbal and writing skills.
   4. Self-starter.
   5. Intermediate computer skills with Microsoft Office (Word, Excel, PowerPoint).
3. Generic Skills:
   - ICWA preferred
   - Strong communication skills.
   - Skills in Auditing necessary.

COMPETENCIES:
- Planning and Organizing
- Problem Solving & Decision Making
- Influencing and Communicating
- Team Working
- Managing Information

Information Technology and Services - Karachi, Pakistan

Join to apply for the Financial Analyst (Cost & Revenue Analysis) – Mekkah role at SYSTRA

Join to apply for the Financial Analyst (Cost & Revenue Analysis) – Mekkah role at SYSTRA

Get AI-powered advice on this job and more exclusive features.

SYSTRA is one of the world's leading engineering and consultancy groups specialising in public transport and sustainable mobility. With over 10,300 employees, SYSTRA's mission is to design safe and sustainable transport solutions to bring people together, develop social inclusion and facilitate access to employment, education and leisure throughout the world.

For 65 years, the Group has been working alongside cities and regions to contribute to their development by creating, improving and modernising their infrastructure and transport systems, throughout the life cycle of their projects. SYSTRA is involved from the earliest stages of design through to the testing, deployment and maintenance phases. The company provides all its services in over 80 countries worldwide and generates 74% of its turnover internationally. With its new services, SYSTRA supports its clients and partners in their digital, ecological and energy transition, in order to invent the mobility of tomorrow.

Context

We are currently looking for a Financial Analyst for one of our projects in Mekkah. The role will provide financial insights, analysis, and reporting relating to costs and revenues for transport/mobility projects. The Financial Analyst supports the Client in driving financial performance, ensuring cost control, and maximizing revenue opportunities, while strengthening financial governance in project deliver

Missions/Main Duties

• Strategic Cost Analysis & Control:
• Oversee, review, and challenge project cost structures, budgets, and expenditures across multiple government transport/mobility projects.
• Lead continuous monitoring and analysis of costs, forecasting, and identifying trends or risks at program and portfolio levels.
• Advise senior stakeholders on corrective actions and value engineering opportunities.
• Revenue Analysis & Forecasting:
• Direct and validate revenue stream analysis, revenue recognition, and income forecasting aligned with government funding models and multi-year contracts.
• Analyze alternative funding mechanisms and support delivery in achieving commercial strategy objectives.
• Advanced Financial Modeling & Scenario Planning:
• Develop and maintain complex financial models for strategic planning, life-cycle cost analysis, and program optimization.
• Run sensitivity analysis and “what-if” scenarios for strategic decision-making at steering committee and board level.
• Program Financial Governance:
• Ensure robust compliance with government policies, procedures, procurement guidelines, and contractual obligations.
• Drive the implementation of financial controls, audit-readiness, and reporting standards in collaboration with government audit and compliance teams.
• Stakeholder & Partner Engagement:
• Act as the primary financial advisor to the Client, interacting directly with senior government representatives, client finance teams, and delivery partners.
• Facilitate financial reviews, audits, and reporting sessions for executive and government oversight.
• Reporting & Executive Support:
• Prepare, present, and defend executive-level reports, dashboards, and comprehensive financial summaries, tailored for government and regulatory audiences.
• Maintain transparent, auditable records and analyses to support business case development and benefits realization.
  

• Bachelor’s degree in Finance, Accounting, Economics, or related field; Master’s degree or MBA preferred.
• Professional certification (CFA, CIMA, CPA, or international equivalent) is highly desirable.
• Minimum 20 years’ progressive experience in financial analysis within large, complex, multistakeholder project environments.
• Significant expertise in the transport, mobility, or public sector infrastructure domain, preferably on the client or delivery partner side for government projects.
• Extensive track record of providing executive-level decision support and stakeholder engagement.
• In-depth understanding of large-scale project financial management, government funding models, and capital program delivery.
• Expertise in cost management, revenue analysis, and advanced financial modeling (Excel, Power BI, etc.).
• Familiarity with leading ERP systems and PMO tools (SAP, Oracle, Primavera, etc.).
• Strong leadership, influencing, and negotiation skills; ability to communicate complex analysis to non-finance executives and government officials.
• High integrity, discretion, and ability to handle confidential and politically sensitive information.
• Demonstrated ability to operate effectively in fast-paced, high-profile, and collaborative environments.
• Middle East experience is required
  
  

• Seniority level Mid-Senior level

• Employment type Contract

• Job function Finance and Sales
• Industries Rail Transportation

Referrals increase your chances of interviewing at SYSTRA by 2x

Al Khobar, Eastern, Saudi Arabia 8 hours ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

Company: Worley

SAU-NP-Turaif

Project Controls

Full-time

Employment Type: Employee

Aug 25, 2025

Sep 24, 2025

Building on our past. Ready for the future

Worley is a global professional services company of energy, chemicals and resources experts. We partner with customers to deliver projects and create value over the life of their assets. We’re bridging two worlds, moving towards more sustainable energy sources, while helping to provide the energy, chemicals and resources needed now.

At Worley, we’re building a diverse, inclusive and respectful workplace. Creating a space where everyone feels they belong, can be themselves, and can thrive is essential to our mission of delivering sustainable change. We know that diverse and inclusive cultures are safer and more innovative. We encourage applications from candidates from all backgrounds and diversity characteristics and warmly encourage disabled or neurodivergent candidates to apply.

Key Responsibilities:

• Oversee cost control and forecasting for the project.
• Develop cost estimates, forecasts, and performance monitoring.
• Track budget vs actual, implement change management.
• Liaise with procurement, contracts, and finance.

Qualifications:

• Relevant experience in cost engineering in EPCM projects with non-process scopes.
• Proficient in EPC cost systems.

Moving forward together

We’re committed to building a diverse, inclusive and respectful workplace where everyone feels they belong, can bring themselves, and are heard. We provide equal employment opportunities to all qualified applicants and employees without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by law.

We want our people to be energized and empowered to drive sustainable impact. So, our focus is on a values-inspired culture that unlocks brilliance through belonging, connection and innovation.

And we're not just talking about it; we're doing it. We're reskilling our people, leveraging transferable skills, and supporting the transition of our workforce to become experts in today's low carbon energy infrastructure and technology.

Whatever your ambition, there’s a path for you here. And there’s no barrier to your potential career success. Join us to broaden your horizons, explore diverse opportunities, and be part of delivering sustainable change.