cost management specialist

Projecttech

<div><div><div><div>Location : Riyadh, Saudi Arabia
 
Industry: Infrastructure / Mega &amp; Giga Projects
Availability: Immediate
Role Context
We are seeking an experienced Cost Engineer to support cost control, monitoring, and reporting activities on PIF-funded mega and giga projects in Riyadh. The role requires strong expertise in project cost management, financial reporting, and governance, ensuring full alignment with PIF standards and reporting requirements.
Key Responsibilities
<ul><li>Develop and maintain project cost control systems in line with PIF governance frameworks</li>
<li>Monitor project budgets, commitments, actuals, and forecasts</li>
<li>Prepare monthly cost reports, cash flow forecasts, and cost performance dashboards for PIF</li>
<li>Track variations, change orders, and potential cost risks</li>
<li>Perform cost variance analysis and identify trends and corrective actions</li>
<li>Coordinate with planning, contracts, procurement, and commercial teams</li>
<li>Support value engineering and cost optimization initiatives</li>
<li>Ensure accuracy, transparency, and audit readiness of all cost data</li>
<li>Contribute to executive-level reporting and management reviews</li>
</ul>Profile
<ul><li>Bachelor&rsquo;s degree in Engineering, Quantity Surveying, Finance, or Cost Management</li>
<li>8&ndash;15 years of experience in cost engineering or cost control roles</li>
<li>Proven experience on mega or giga infrastructure projects</li>
<li>Direct exposure to PIF reporting, governance, or client-side requirements is highly preferred</li>
<li>Strong understanding of project financial controls and commercial processes</li>
<li>Ability to work in complex, high-governance environments</li>
</ul>Required Skills
<ul><li>Strong expertise in cost control, budgeting, and forecasting</li>
<li>Advanced proficiency in MS Excel and cost reporting tools</li>
<li>Experience with project controls systems (ERP, cost management software)</li>
<li>Strong analytical and problem-solving skills</li>
<li>High attention to detail and reporting accuracy</li>
<li>Excellent communication and stakeholder coordination skills</li>
<li>Fluent in English; Arabic is an advantage</li> 
</ul></div><div><div><div><div>Job Category: Infrastructure Mega &amp; Giga Projects
</div><div>Job Type: Engineering Management
</div><div>Job Location: Riyadh Saudi Arabia</div></div></div></div></div></div></div>

Cost Engineer (J26-065)

Imtiaz Group (SMC Private) Ltd.

We are seeking a detail-oriented and analytical &ldquo;Cost Controller&rdquo; to oversee kitchen cost management and ensure accuracy in recipes and bill of materials (BOMs). The ideal candidate will play a key role in controlling food costs, maintaining standardization and improving operational efficiency.Qualification:Master&rsquo;s degree in Finance, AccountingExperience:Minimum 3&ndash;5 years of relevant experience in cost control, preferably in the food or retail industry.Key Responsibilities:* Develop, standardize, and validate recipes and Bills of Materials (BOMs) in coordination with culinary and production teams.* Ensure accuracy of ingredient quantities, yields, and costing in all recipes and menu items.* Conduct periodic kitchen audits to assess food cost, wastage, and adherence to portion control standards.* Monitor and enforce portion control mechanisms to ensure consistency and cost efficiency.* Analyze cost variances between theoretical and actual consumption, highlighting discrepancies and recommending corrective actions.* Track daily, weekly, and monthly food cost trends and prepare detailed variance and performance reports.* Collaborate with procurement and operations teams to ensure cost-effective sourcing without compromising quality.Implement and maintain cost control policies, SOPs, and internal checks across kitchen operations.* Support menu engineering initiatives by providing cost analysis and profitability insights.* Identify opportunities for cost optimization, waste reduction, and process improvements.Job Type: Full-timePay: Rs80,000.00 - Rs110,000.00 per monthWork Location: In person

Cost Controller

VOLUME CAFE

Position OverviewWe are seeking an experienced Cost Controller with a strong background in the Food &amp; Beverage (F&amp;B) industry. The role is responsible for monitoring, analyzing, and controlling food and beverage costs to ensure profitability, efficiency, and compliance with company standards. The ideal candidate will have hands-on expertise in recipe costing, inventory management, and operational cost optimization within food production or restaurant environments.Key Responsibilities<ul><li>Cost Control &amp; Analysis</li><li>Monitor daily food and beverage costs across procurement, production, and service.</li><li>Conduct variance analysis between actual and budgeted costs.</li><li>Identify inefficiencies and recommend cost-saving measures.</li><li>Inventory &amp; Procurement</li><li>Oversee inventory systems to ensure accurate tracking of stock, consumption, and wastage.</li><li>Implement controls to minimize pilferage and over-purchasing.</li><li>Collaborate with procurement teams to negotiate supplier contracts and optimize purchasing.</li><li>Menu &amp; Recipe Costing</li><li>Prepare detailed recipe costing sheets and menu profitability reports.</li><li>Support menu engineering by analyzing food cost percentages and contribution margins.</li><li>Advise on pricing strategies to maximize profitability while maintaining quality.</li><li>Reporting &amp; Compliance</li><li>Generate daily, weekly, and monthly cost reports for management.</li><li>Assist in budgeting and forecasting processes.</li><li>Ensure compliance with internal policies, accounting standards, and local regulations.</li><li>Collaboration</li><li>Work closely with chefs, restaurant managers, and finance teams to implement cost control measures.</li><li>Train operational staff on cost awareness and efficient resource utilization.</li></ul>Qualifications &amp; Skills<ul><li>Bachelor&rsquo;s degree in Accounting, Finance, or Hospitality Management.</li><li>3&ndash;5 years of experience in cost control within the F&amp;B or restaurant industry.</li><li>Strong knowledge of recipe costing, food production processes, and inventory systems.</li><li>Proficiency in ERP systems, POS software, and advanced Excel.</li><li>Excellent analytical, problem-solving, and communication skills.</li><li>Ability to thrive in a fast-paced, service-driven environment.</li></ul>Competencies<ul><li>Attention to detail and accuracy.</li><li>Strong business acumen with deep understanding of food industry operations.</li><li>Ability to balance cost efficiency with product quality and customer satisfaction.</li><li>Proactive, collaborative, and solution-oriented mindset.</li></ul>Job Types: Full-time, PermanentWork Location: In person

Cost Controller – F&B Industry

We are looking for a highly organized and detail-oriented Cost Controller with strong Food &amp; Beverage experience to oversee cost management across multiple outlets. The ideal candidate will play a key role in monitoring operational costs, improving efficiency, and supporting profitability within a fast-paced F&amp;B environment.Key Responsibilities:<ul><li>Monitor, analyze, and control food &amp; beverage costs across all branches</li><li>Conduct regular inventory checks, stock audits, and variance analysis</li><li>Ensure accurate recipe costing, portion control, and wastage management</li><li>Work closely with kitchen, barista, and procurement teams</li><li>Prepare daily, weekly, and monthly cost reports</li><li>Identify cost-saving opportunities and improve operational efficiency</li><li>Support menu pricing and budgeting processes</li><li>Ensure compliance with company policies and cost control procedures</li></ul>Requirements:<ul><li>Proven experience as a Cost Controller in the F&amp;B industry (restaurants, caf&eacute;s, or hospitality)</li><li>Strong knowledge of food costing, inventory control, and stock management</li><li>Advanced Excel skills and familiarity with POS/inventory systems</li><li>Strong analytical and problem-solving skills</li><li>Ability to manage multiple outlets and work under pressure</li><li>High level of accuracy and attention to detail</li></ul>Preferred Qualifications:<ul><li>Experience in multi-branch caf&eacute; or restaurant operations</li><li>Background in specialty coffee or premium dining is an advantage</li></ul>Benefits:<ul><li>Competitive salary package</li><li>Opportunity to work with a growing specialty coffee brand</li><li>Career development and growth opportunities</li></ul>Job Type: Full-timeWork Location: In person

Cost Controller (F&B Experience)

Worley

<div>
 
 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&rsquo;re bridging two worlds, moving towards more sustainable energy sources, while helping to provide the energy, chemicals and resources needed now.
 
 
 <ul>
 <li>
 Budget Development &amp; Management: Establish comprehensive project budgets, including labor, materials, and equipment, as per Cost Breakdown Structure (CBS)
 </li>
 <li>
 - Perform trend analysis on cost for early identification of potential deviations
 </li>
 <li>
 - Prepare Rolling forecast / Cash Flow and PCS
 </li>
 <li>
 - Coordinate with Project Manager in regards with project status and action on any issue of time, identify the need for project resources and analyze the cost of the project
 </li>
 <li>
 Performance Tracking (EVM): Utilize Earned Value Management (EVM) metrics like Cost Performance Index (CPI) and Schedule Performance Index (SPI) to measure real-time project health. Review, monitor and control costs, deliverables, programs, progress, and productivity.
 </li>
 <li>
 Financial Forecasting: Develop and update Estimate-at-Completion (EAC) and cash flow projections to prevent unexpected budget overruns.
 </li>
 <li>
 Change &amp; Claims Management: Quantify and track change orders, variations, and claims to ensure financial alignment with the contractual baseline.
 </li>
 <li>
 Reporting &amp; Insights: Prepare weekly and monthly financial dashboards and reports for senior management, highlighting variances and recommending corrective actions.
 </li>
 <li>
 Team Leadership: Provide technical guidance to staff and may assign work. Reviews work for technical accuracy and adequacy. Plans, controls &amp; reports on project work. May have direct reports and may make recommendations concerning selection, training, rating and discipline of staff.
 </li>
 <li>
 Decision Making: Proactively sets priorities related to complex situations having multi-project and/or organizational impact. Contributions are primarily technical rather than managerial. May be involved in guiding strategies.
 </li>
 <li>
 Ensure compliance with Worley and client cost control standards, systems, and procedures
 </li>
 <li>
 A bachelor&rsquo;s degree in engineering, construction management, business, or a related discipline
 </li>
 <li>
 15+ years of experience in cost control, cost analysis, or project controls within engineering, construction projects
 </li>
 <li>
 Experience with project scheduling / planning in Primavera P6 is desirable, but not required
 </li>
 <li>
 Strong knowledge of project cost management systems, forecasting, and reporting
 </li>
 <li>
 Experience supporting project portfolios and medium to large, multidisciplinary projects
 </li>
 <li>
 Excellent communication skills and the confidence to engage with clients and senior stakeholders
 </li>
 <li>
 Hands on experience working with EcoSys for Cost and Project Management
 </li>
 <li>
 Experience in Cost Management in Construction phase
 
 
 </li>
 </ul>
 
 Moving forward together
 
 
 
 We&rsquo;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&rsquo;s a path for you here. And there&rsquo;s no barrier to your potential career success. Join us to broaden your horizons, explore diverse opportunities, and be part of delivering sustainable change.
</div>

Senior Cost Analyst

Omada Rail Systems

<div><ul><li>Permanent Contract
</li></ul><ul><li>Mid-Senior Level
</li></ul><ul><li>Riyadh
</li></ul><ul><li>Technical Engineering</li></ul></div>
 <div>About Us 
Egis is a leading global architectural, consulting, construction engineering, operations and mobility services firm. We create and operate intelligent infrastructure and buildings that both respond to the climate emergency and contribute to balanced, sustainable and resilient development. Our 20,500 employees operate across over 100 countries, deploying their expertise to develop and deliver cutting-edge innovations and solutions for clients. Through the wide range of our activities, we are central to the collective organisation of society and the living environment of citizens all over the world.&quot;
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&rsquo;s operations in the Middle East are built on strategic acquisitions and a deep understanding of local market conditions. Egis&rsquo; 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 
Project Description
This PMO initiative manages a multi-year, multi-billion-riyal aviation capital development programme, ensuring alignment with national strategic objectives. Operating as an integrated consultancy&ndash;client team, the PMO provides oversight, governance, and support across multiple Operating Companies (OpCos). Within this structure, the Senior Cost Control Engineer plays a critical role in cost governance, estimation, and financial monitoring, ensuring transparency and accuracy in all portfolio cost data. 
Role Purpose
The Senior Cost Control Engineer will be responsible for managing, validating, and reporting cost performance across a diverse portfolio of aviation projects. This includes developing and maintaining cost databases, preparing estimates, monitoring budgets and cash flows, and supporting decision-making through accurate cost analysis. The role ensures that project and portfolio financials are controlled, transparent, and aligned with PMO guidelines. 
Key Responsibilities<ul><li>
Cost Estimation &amp; Benchmarking</li></ul><ul><li>
Prepare and validate cost estimates for business cases, RFPs, variation orders, etc..</li><li>
Maintain and continuously improve the PMO&rsquo;s cost database, incorporating benchmarking data from local, regional, and international projects.</li><li>
Ensure consistency of estimates across OpCos by applying standard methodologies and norms.</li></ul><ul><li>
Cost Control &amp; Monitoring</li></ul><ul><li>
Develop and monitor project and portfolio-level budgets, forecasts, and cash flow profiles.</li><li>
Track committed, incurred, and forecasted costs, highlighting variances against approved budgets.</li><li>
Implement earned value management (EVM) practices to measure performance against baselines.</li><li>
Review and validate cost elements of contractor claims and variation orders, ensuring compliance with PMO guidelines and providing recommendations for approval or negotiation.</li></ul><ul><li>
Cost Management Implementation
</li></ul><ul><li>Implement the PMO&rsquo;s Cost Management Guideline across OpCos and projects.</li><li>
Monitor compliance with cost control standards, templates, and reporting requirements.</li><li>
Conduct regular compliance reviews and audits, recommending corrective actions where needed.</li><li>
Contribute to lessons learned and process improvement initiatives to enhance cost management practices.</li><li>
Support knowledge transfer and training for junior staff and OpCo cost engineers.</li></ul><ul><li>
Reporting &amp; Analysis</li></ul><ul><li>
Develop &amp; Review monthly cost control reports and contribute to integrated PMO reporting dashboards (Power BI/PMIS).</li><li>
Prepare portfolio-level financial summaries for executive reviews.</li><li>
Provide financial insights and trend analysis to inform portfolio decision-making.</li><li>
Validate cost-related inputs from OpCos and PMCs before inclusion in portfolio reports</li><li>
Collaborate with scheduling, risk, and document control teams to ensure integrated project performance reporting.</li></ul> 
What do we need from you 
Qualifications &amp; Experience<ul><li>
Bachelor&rsquo;s degree in Engineering, Quantity Surveying, Finance, or related field.</li><li>
10&ndash;12 years of experience in cost control and estimation on large-scale infrastructure or aviation projects.</li><li>
Strong technical skills in cost engineering, benchmarking, and earned value analysis.</li><li>
Proficiency in cost management systems, Primavera P6 (for integration), SAP, Power BI, and PMIS tools.</li><li>
Solid knowledge of contract frameworks (FIDIC and similar) and change/claims processes.</li><li>
GCC or aviation sector experience preferred.</li><li>
Strong communication and reporting skills</li></ul> 
What's in it for you?</div>

Senior Cost Control Engineer

Al-Jubu Group Company

Job Title: Cost ControllerRequirments: Asian nationality or Non arabKey Responsibilities:Budgeting &amp; Forecasting:Assist in the preparation and maintenance of company budgets and forecasts. Ensure that all cost estimates are accurate and based on reliable data.Cost Monitoring &amp; Analysis:Monitor and analyze ongoing project costs, ensuring that they remain within the allocated budget. Provide regular reports on cost performance to senior management.Variance Analysis:Identify and investigate any discrepancies between actual costs and budgeted amounts. Provide detailed explanations for variances and recommend corrective actions.Cost Reporting:Prepare regular cost reports, including cost trends, financial forecasts, and analysis of project profitability. Ensure reports are accurate and submitted on time.Procurement Support:Work closely with procurement teams to analyze costs associated with materials, goods, and services. Ensure cost-saving opportunities are identified and acted upon.Cost Efficiency Recommendations:Identify areas where cost reductions can be made, and suggest ways to improve overall cost efficiency without compromising quality.Compliance &amp; Documentation:Ensure that all cost-related activities comply with internal policies, external regulations, and accounting standards. Maintain detailed records of all cost control activities.Process Improvement:Continuously monitor and assess current processes and systems to improve cost tracking, reporting, and forecasting practices.Collaboration:Collaborate with other departments (e.g., finance, project management, and operations) to ensure the company&rsquo;s financial targets are met and costs are effectively managed.Skills and Qualifications:Education:Bachelor&rsquo;s degree in Accounting, Finance, Business Administration, or related field. Additional certifications like CMA (Certified Management Accountant) or Cost Management certification are a plus.Experience:Proven experience in cost control, financial analysis, or related roles, particularly in industries like construction, manufacturing, or project management.Analytical Skills:Strong analytical abilities to assess cost trends, investigate discrepancies, and suggest corrective actions.Attention to Detail:High level of accuracy in tracking costs and preparing financial reports.Software Proficiency:Proficient in Microsoft Excel (advanced level), ERP systems, and cost control software.Communication Skills:Strong written and verbal communication skills for report generation and collaboration with various departments.Problem-Solving:Ability to identify problems early, propose solutions, and implement corrective actions.Job Type: Full-timePay: KD250.000 - KD350.000 per monthWork Location: In person

Cost Control (Food and Beverage)

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