Cost Control Manager

About Abunayyan Holding Company

Abunayyan Holding is a leading Saudi Arabian conglomerate with a diverse portfolio spanning multiple sectors, including water, energy, and telecommunications. Established in 1955, the company is committed to innovation and excellence, providing sustainable solutions that meet the needs of its customers and contribute to the development of the Kingdom. With a strong emphasis on quality and efficiency, Abunayyan Holding plays a crucial role in shaping the future of various industries in Saudi Arabia and beyond.

At Abunayyan Holding, we foster a dynamic and forward-thinking culture where talent thrives. By joining our team, you’ll be part of a company that values expertise, collaboration, and impactful contributions—helping to build infrastructure, enhance lives, and redefine industry standards.

If you’re looking to grow your career with a company that combines heritage with innovation, Abunayyan Holding is where your skills will make a lasting difference.

Job Overview:

We are seeking an experienced Cost Control Manager to oversee and optimize cost management activities within the water and wastewater treatment sector. The ideal candidate will be responsible for monitoring project budgets, analyzing cost variances, implementing cost-saving strategies, and ensuring financial efficiency across engineering, procurement, and construction (EPC) projects. This role requires strong analytical skills, financial acumen, and industry-specific expertise to drive cost-effective solutions while maintaining high-quality standards.

Key Responsibilities:

• Develop, implement, and maintain cost control procedures and policies for water and wastewater treatment projects.
• Monitor project budgets, track expenditures, and ensure adherence to financial targets.
• Analyze cost variances, identify risks, and recommend corrective actions to mitigate budget overruns.
• Prepare detailed cost reports, forecasts, and financial models for senior management.
• Collaborate with project managers, engineers, and procurement teams to optimize cost efficiency.
• Review contracts, change orders, and vendor invoices to ensure compliance with budgetary constraints.
• Conduct risk assessments related to cost fluctuations, material pricing, and labor costs.
• Support tender and bid evaluations by providing cost estimates and feasibility assessments.
• Ensure compliance with financial regulations, company policies, and industry best practices.
• Implement cost-reduction initiatives without compromising project quality or timelines.

Required Skills & Qualifications:

• Bachelor’s degree in Finance, Accounting, Engineering, or a related field. Master’s degree or professional certification (e.g., CMA, CPA, PMP) is a plus.
• Minimum 10 years of experience in cost control, financial management, or project controls, preferably in the water/wastewater treatment, EPC, or utilities sector.
• Strong expertise in budgeting, forecasting, cost analysis, and financial reporting.
• Proficiency in ERP systems (e.g., SAP, Oracle), cost control software, and advanced Excel skills.
• Knowledge of EPC contract terms, procurement processes, and tender management.
• Excellent analytical, problem-solving, and decision-making abilities.
• Strong communication and negotiation skills for stakeholder management.
• Familiarity with Saudi Arabian market dynamics, regulations, and cost structures is highly desirable.

Desired Experience:

• Previous work in large-scale water treatment plants, desalination projects, or wastewater management.
• Experience in risk assessment, value engineering, and lifecycle cost analysis.
• Ability to work in a fast-paced, deadline-driven environment with cross-functional teams.

Why Join Us?

This is an exciting opportunity to contribute to critical water infrastructure projects in Saudi Arabia while working with a dynamic and growing organization under a renowned holding company. We offer competitive compensation, professional growth opportunities, and a collaborative work environment.