Cost Controller – Contractors

Job Purpose

The Cost Controller is responsible for monitoring, controlling, and forecasting project costs related to contractors. The role ensures that all contractor-related expenditures are properly tracked, controlled, and reported in line with budgetary and contractual requirements, supporting project efficiency and financial accountability.

Key Responsibilities

• Cost Management & Control
• Monitor contractor costs against approved budgets and forecasts.
• Review and validate contractor invoices, claims, variations, and payment certificates.
• Ensure compliance with contract terms and cost control procedures.
• Track cost commitments and actual expenditures related to contractors.
• Budgeting & Forecasting
• Assist in developing project cost budgets for contractor services.
• Provide regular cost reports, variance analyses, and forecasts to management.
• Highlight potential cost overruns and recommend corrective actions.
• Contractor Coordination
• Work closely with procurement, contracts, and project teams to ensure contractor deliverables align with financial controls.
• Support negotiations and cost discussions with contractors when required.
• Reporting & Documentation
• Prepare detailed cost reports for management and stakeholders.
• Maintain up-to-date records of contractor agreements, variations, and financial performance.
• Support audits and compliance reviews with accurate cost documentation.

Qualifications & Skills

• Bachelor’s degree in Finance, Accounting.
• Minimum 3–5 years of experience in cost control, preferably within construction, engineering, or contracting industries.
• Strong understanding of contract administration and contractor cost management.
• Analytical, detail-oriented, with strong communication and reporting skills.
• Knowledge of industry standards, project management, and financial control practices.

Job Type: Full-time

Experience:

• Cost controlling : 3 years (Preferred)

Location:

• Riyadh (Required)