cost reduction engineer

mepcontracting2017@gmail.com

The Cost Control Engineer (MEP) will be responsible for managing and controlling MEP project costs, monitoring budgetary &amp; manpower allocations, preparing cost estimates, analyzing project expenses, and providing recommendations for cost reduction. They will collaborate with cross-functional teams to ensure cost-effective project execution and adherence to budget constraints. Must have strong analytical and mathematical skills, proficient in budgeting and financial management, knowledgeable of construction contracts and cost estimation techniques.Qualifications:<ul><li>Mechanical Engineer or Electrical Engineer</li><li>Must have contracting company experience</li></ul>Job Type: Full-timePay: Up to AED12,000.00 per monthApplication Question(s):<ul><li>Are you willing to work as Cost Control Engineer?</li><li>How much is your expected salary?</li></ul>Experience:<ul><li>Contracting Company: 7 years (Required)</li><li>UAE: 7 years (Required)</li><li>Cost Control Engineer: 7 years (Required)</li></ul>License/Certification:<ul><li>Mechanical Engineer or Electrical Engineer Degree (Required)</li></ul>Work Location: In person

Cost Control Engineer

Conmarble Concrete

Job Title: Cost Control EngineerLocation: Riyadh, Saudi ArabiaJob DescriptionOur company is seeking a Cost Control Engineer to manage and monitor project costs across ongoing construction works. The role is responsible for ensuring that project expenditures remain within the approved budget while maintaining accurate cost reporting and financial tracking.Key Responsibilities<ul><li>Develop and maintain project cost control systems and cost codes.</li><li>Monitor actual project expenditures vs approved budget.</li><li>Prepare monthly cost reports, including budget variance and cost forecasts.</li><li>Track material, labor, equipment, and subcontractor costs.</li><li>Coordinate with Planning Engineer and Quantity Surveyor to align cost and progress data.</li><li>Review supplier and subcontractor invoices for cost compliance.</li><li>Monitor variation orders and change requests and evaluate their financial impact.</li><li>Prepare Estimate at Completion (EAC) and forecast project financial performance.</li><li>Support the Commercial and Project Management teams with cost analysis and recommendations.</li></ul>Qualifications<ul><li>Bachelor&rsquo;s Degree in Civil Engineering, Construction Management, or related field.</li><li>Minimum 5 years experience in construction cost control.</li><li>Strong knowledge of BOQ analysis, project budgeting, and cost reporting.</li><li>Experience working on construction or infrastructure projects.</li><li>Proficiency in Excel and cost control reporting tools.</li><li>Strong analytical and coordination skills.</li></ul>Preferred Skills<ul><li>Experience in Gulf construction projects.</li><li>Familiarity with ERP or project cost management systems.</li><li>Ability to coordinate with commercial, planning, and procurement teams.</li></ul>How to ApplyInterested candidates may submit their CV and portfolio to:Email: cara@conmarble.comSubject: Cost Control Engineer - (Full Name)Job Type: Full-timeWork Location: In person

Target Engineering Construction Co LLC

<div>
 
 
 Cost Control Engineer
 
 
 
 
 
 
 We are currently seeking an experienced Cost Control Engineer to join our project team in Saudi Arabia. The ideal candidate will have strong EPC project exposure within the Oil &amp; Gas sector and hands-on experience working on ARAMCO projects.
 
 
 
 
 
 
 Who We are?
 
 
 
 Target Engineering brings 50+ years of experience in EPC and industrial infrastructure. With in-house fabrication, marine expertise, and multidisciplinary capability, we deliver projects with scale, confidence, and care.
 
 
 
 
 
 
 Why Join Us?
 
 
 
 At Target Engineering, you&rsquo;ll work on large-scale energy, marine, and civil infrastructure projects. Join a business with deep technical roots, where your voice is heard, your impact is visible, and your career is part of a legacy of excellence.
 
 
 
 
 
 
 Your Role
 
 
 
 
 
 
 As a
 
 Cost Control Engineer
 
 , you will:
 
 <ul>
 <li>
 Develop, monitor, and control project budgets, cost forecasts, and cash flow for EPC Oil &amp; Gas projects
 </li>
 <li>
 Prepare cost reports, variance analysis, and earned value management (EVM) reports
 </li>
 <li>
 Monitor project expenditures and ensure alignment with approved budgets
 </li>
 <li>
 Coordinate with Planning, Procurement, Construction, and Project Controls teams
 </li>
 <li>
 Assess cost impacts of scope changes, variations, and claims
 </li>
 <li>
 Support project management with accurate cost data for decision-making
 </li>
 <li>
 Ensure full compliance with
 
 ARAMCO cost control procedures and reporting standards
 
 </li>
 </ul>
 
 
 
 
 
 What We&rsquo;re Looking For
 
 
 <ul>
 <li>
 
 Experience:
 
 Minimum 5 years of experience in Cost Control within EPC Oil &amp; Gas projects. Must have proven experience working on ARAMCO projects.
 </li>
 <li>
 
 Education:
 
 Bachelor&rsquo;s Degree in Engineering (Mechanical, Civil, Industrial, or equivalent)
 </li>
 <li>
 
 Expertise:
 
 Strong knowledge of project cost control tools, budgeting, forecasting, and reporting. Proficiency in Primavera P6, SAP, or other project control systems. Solid understanding of ARAMCO standards, procedures, and project controls environment Strong analytical, communication, and stakeholder coordination skills. Ability to work in a fast-paced, multicultural project environment
 </li>
 </ul>
 
 
 
 
 
 What We Offer
 
 
 <ul>
 <li>
 The chance to contribute to some of GCC&rsquo;s Oil and Gas EPC Mega projects.
 </li>
 <li>
 A collaborative, supportive environment that values innovation and excellence.
 </li>
 <li>
 Opportunities for professional growth and career progression.
 </li>
 <li>
 Competitive salary and benefits package.
 </li>
 </ul>
 
 
 
 
 
 Ready to be part of our team?
 
 
 
 If you&rsquo;re inspired by what you&rsquo;ve read and believe you&rsquo;re the right fit, we&rsquo;d love to hear from you.
 
 
 
 
 
 Join Target Engineering and Construction Co. LLC and play a pivotal role in shaping a high-performing team that drives our success.
 
 
 
 
 
 Apply today and be part of something excellent!
 
 
 
</div>

QStaffers

<div>
 
 
 QStaffers
 
 is currently hiring a
 
 Cost Control Engineer
 
 for one of our partners, a global leader in the real estate field.
 
 
 
 
 
 
 Job Summary:
 
 
 
 The
 
 Cost Control Engineer
 
 will effectively monitor, control, and optimize project costs while supporting cost estimation activities. The role aims to ensure projects are delivered within approved budgets through accurate reporting, variance analysis, and data driven insights. Additionally, the position contributes to enhancing decision-making by developing and maintaining dynamic dashboards using Excel and Power BI, enabling clear visibility of project financial performance and risks.
 
 
 
 
 
 
 Responsibilities:
 
 
 <ul>
 <li>
 Monitor and control project costs to ensure alignment with approved budgets.
 </li>
 <li>
 Prepare cost reports, forecasts, and variance analysis on a regular basis.
 </li>
 <li>
 Participate in the preparation and evaluation of tenders, including cost estimation and pricing.
 </li>
 <li>
 Develop and maintain interactive dashboards using Excel and Power BI.
 </li>
 <li>
 Track project progress and expenditures against baseline schedules and budgets.
 </li>
 <li>
 Support project teams with cost-related insights and recommendations.
 </li>
 <li>
 Review invoices, variations, and claims to ensure cost accuracy and compliance.
 </li>
 <li>
 Collaborate with cross-functional teams including planning, procurement, and finance.
 </li>
 <li>
 Manage Project Cash Flow forecasting to ensure the Finance department can secure necessary funding on targeted dates.
 </li>
 <li>
 Develop and maintain a historical cost database to improve the accuracy of future project feasibility studies.
 </li>
 </ul>
 
 
 
 
 
 Requirements:
 
 
 <ul>
 <li>
 Bachelor&rsquo;s degree in engineering, Construction Management, or related field.
 </li>
 <li>
 2-4 years of experience in cost control and tendering (cost estimation).
 </li>
 <li>
 Strong proficiency in Microsoft Excel (advanced formulas, PivotTables, dashboards).
 </li>
 <li>
 Experience in Power BI for data visualization and reporting.
 </li>
 <li>
 Good understanding of project control principles and cost management techniques.
 </li>
 <li>
 Familiarity with ERP systems is a plus (e.g., Oracle, SAP).
 </li>
 <li>
 Strong analytical, problem-solving, and communication skills.
 </li>
 </ul>
 
 
 
 
 
 Position Competencies:
 
 
 <ul>
 <li>
 
 Integrity:
 
 </li>
 </ul>
 
 Promotes a culture of fairness and openness.
 
 
 Challenges unethical behaviors and leads by example.
 
 
 
 Agility:
 
 
 
 Encourages team adaptability.
 
 
 Supports change initiatives.
 
 
 Drives innovation and fosters a flexible work environment.
 
 <ul>
 <li>
 
 Teamwork:
 
 </li>
 </ul>
 
 Builds high-performing teams.
 
 
 Resolves conflicts constructively.
 
 
 Encourages cross-functional collaboration.
 
 <ul>
 <li>
 
 Ownership:
 
 </li>
 </ul>
 
 Empowers others to take ownership.
 
 
 Holds teams accountable for performance and results.
 
 <ul>
 <li>
 
 Leadership:
 
 </li>
 </ul>
 
 Coaches and develops team members.
 
 
 Leads teams through vision and values.
 
 <ul>
 <li>
 
 Quality:
 
 </li>
 </ul>
 
 Establishes and monitors quality standards within the team.
 
 
 Promotes innovation and excellence in delivery.
 
 
 
 
 
 
 Work Setup:
 
 
 
 Office based.
 
 
 Visits to project sites as per business need.
 
 
 
 
</div>

Elegancia Arabia

<div>
 
 The
 
 Cost Control Engineer
 
 is responsible for planning, monitoring, and controlling project costs to ensure delivery within approved budgets. The role requires strong engineering fundamentals combined with advanced cost management expertise, particularly within large-scale construction and fit-out projects in KSA. The candidate will play a critical role in financial forecasting, cost reporting, and commercial decision support.
 
 
 
 
 
 
 Key Responsibilities
 
 
 <ul>
 <li>
 Develop and implement cost control systems and procedures across projects.
 </li>
 <li>
 Prepare project budgets, cost plans, and cash flow forecasts.
 </li>
 <li>
 Monitor project expenditures and compare against approved budgets.
 </li>
 <li>
 Identify cost variances, analyze root causes, and recommend corrective actions.
 </li>
 <li>
 Prepare periodic cost reports, including Earned Value Management (EVM) metrics.
 </li>
 <li>
 Support project teams in cost estimation, procurement planning, and contract evaluations.
 </li>
 <li>
 Track commitments, variations, and change orders, ensuring proper cost allocation.
 </li>
 <li>
 Coordinate with planning engineers to align cost and schedule performance.
 </li>
 <li>
 Review subcontractor payments, invoices, and financial claims.
 </li>
 <li>
 Provide input into value engineering and cost optimization initiatives.
 </li>
 <li>
 Ensure compliance with company policies and client requirements.
 </li>
 <li>
 Participate in project risk assessments with focus on financial exposure.
 </li>
 </ul>
 
 
 
 
 
 Qualifications &amp; Requirements
 
 
 <ul>
 <li>
 Bachelor&rsquo;s degree in Engineering (Civil, Mechanical, or related discipline).
 </li>
 <li>
 Minimum
 
 8 years of experience
 
 in cost control within
 
 large-scale construction projects
 
 .
 </li>
 <li>
 Proven experience in
 
 fit-out/interior works projects
 
 (highly preferred).
 </li>
 <li>
 Strong understanding of construction methodologies, BOQs, and cost structures.
 </li>
 <li>
 Experience working in
 
 KSA or GCC region
 
 is highly desirable.
 </li>
 <li>
 Proficiency in cost control tools and software (e.g., Primavera P6, SAP, Excel advanced level).
 </li>
 <li>
 Familiarity with contracts (FIDIC or equivalent) and commercial practices.
 </li>
 <li>
 Strong analytical and reporting skills.
 </li>
 <li>
 Excellent communication and stakeholder coordination abilities.
 </li>
 </ul>
 
 
 
 
 
 Key Competencies
 
 
 <ul>
 <li>
 Cost Analysis &amp; Forecasting
 </li>
 <li>
 Budget Management
 </li>
 <li>
 Earned Value Management (EVM)
 </li>
 <li>
 Risk &amp; Variance Analysis
 </li>
 <li>
 Contractual Awareness
 </li>
 <li>
 Attention to Detail
 </li>
 <li>
 Decision Support &amp; Commercial Insight
 </li>
 </ul>
 
 
 
 
 
 Working Conditions
 
 
 <ul>
 <li>
 Project-based environment with site and office coordination
 </li>
 </ul>
 
 
</div>

Nova by Korn Ferry

<div>Company Description 
Nova International General Contracting is a well established UAE-based company dedicated to delivering excellence in general contracting and construction, specialized in executing branded residences. We are committed to the highest standards of quality, innovation, and client satisfaction in every project we undertake. Our ambition is to grow as a trusted partner and deliver landmark developments that shape the future of the UAE&rsquo;s built environment. Join us as we set new benchmarks in construction and project delivery. 
Job Description 
We are looking for a Cost Control Engineer to support budgeting, cost tracking, forecasting, and financial reporting for our Al Jurf (JCB) project. The role ensures accurate cost monitoring, early risk identification, and strong financial governance throughout the project lifecycle. You will work closely with Planning, Commercial, Finance, Procurement, and site teams to maintain cost discipline and provide reliable financial insights.
Key Responsibilities<ul><li>
Prepare project budgets and Cost Breakdown Structures (CBS).</li><li>
Monitor actual vs. budgeted costs and report variances.</li><li>
Prepare monthly cost reports, forecasts, and dashboards.</li><li>
Validate quantities, productivity, and subcontractor payment applications.</li><li>
Review and verify subcontractor and supplier invoices.</li><li>
Track commitments, expenditures, and cost‑to‑complete (CTC) forecasts.</li><li>
Support EAC updates, cash flow planning, and variation cost assessments.</li><li>
Maintain accurate, auditable cost records and ERP system updates.</li></ul> 

Qualifications 
<ul><li>
Bachelor&rsquo;s degree in Civil Engineering, Quantity Surveying, Construction Management, or related field.</li><li>
8&ndash;10 years&rsquo; experience in cost control (UAE preferred).</li><li>
Strong understanding of BOQs, cost structures, and commercial processes.</li><li>
Experience in budgeting, forecasting, and cost reporting.</li><li>
Knowledge of Planning coordination and ERP systems (Oracle, SAP, BuildSmart, MS Dynamics).</li><li>
Preferred certifications: CCP&reg;, CAE&reg;, EVM, PMP&reg;.</li><li>
Strong analytical, communication, and Excel skills.</li></ul></div>

Cost Control Eng.

Saipem

<div>
 
 Saipem
 
 is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore. Saipem is &ldquo;One Company&rdquo; organized into business lines:
 
 Asset Based Services
 
 ,
 
 Drilling
 
 ,
 
 Energy Carriers
 
 ,
 
 Offshore Wind
 
 ,
 
 Sustainable Infrastructures
 
 ,
 
 Robotics &amp; Industrialized Solutions
 
 . Always oriented towards technological innovation, the company&rsquo;s purpose is &ldquo;
 
 Engineering for a sustainable future
 
 &rdquo;. As such Saipem is committed to supporting its clients on the energy transition pathway towards Net Zero, with increasingly digital means, technologies and processes geared for environmental sustainability. Listed on the Milan Stock Exchange, it is present in more than
 
 50 countries
 
 around the world and employs about
 
 30,000 people of over 130 nationalities
 
 .
 
 
 
 Purpose Of The Position
 
 
 
 As
 
 Cost Control Engineer
 
 , you will respond/report to the
 
 Lead / Manager
 
 and be part of
 
 PCON Department
 
 within the
 
 COMP5 Project.
 
 
 
 
 How can you support us? Here are below your responsibilities:
 
 
 
 
 Mission
 
 
 
 <ul>
 <li>
 Establish and manage a cost control system in order to support the PM decision-making process and allow him to complete the project within the approved budget
 </li>
 <li>
 Ensure any deviation from budget is promptly spotted and analysed, final impact is estimated and the effect of corrective actions taken is monitored
 </li>
 <li>
 Create a cost awareness atmosphere among project team
 </li>
 <li>
 Satisfy the Operating Company and Corporate requirements for the cost control reporting, cooperating with the proper interfaces.
 
 
 </li>
 </ul>
 
 Tasks
 
 
 
 
 At Project Initial Phase
 
 
 
 <ul>
 <li>
 After contract award, ensure the implementation of the Cost Control System, elaborating the consolidated Cost Breakdown
 </li>
 <li>
 Structure according to the relevant procedure, reviewing the procurement/accounting system adopted in each Operating Companies/Branches involved into the project, and verifying the application of the CBS and the cost traceability
 </li>
 <li>
 Issue the Project Cost Control Procedure, Cost Coding Manual and Risk Management Plan, for the Project Control Manager verification, according to standards and contract specification and configure the Cost Breakdown Structure to monitor procurement and accounting activities
 </li>
 <li>
 If not provided during the commercial phase, split the Commercial Budget according to the intercompany scheme, contract and work schedule, in order to report revenues/costs by entity, currencies, and main cost accounts and prepare the cash-flow by currency
 </li>
 <li>
 Coordinate the risk managment activities startup organizing the first brainstorming and the qualitative / quantitative assessment of the identified risks and opportunities
 </li>
 <li>
 Carry out the Montecarlo Analysis
 
 
 </li>
 </ul>
 
 During The Project Execution Phase
 
 
 
 <ul>
 <li>
 Ensure the Cost Control System works effectively and cost status is soundly assessed and reported
 </li>
 <li>
 Monitor activity progress and the relevant earned value, as well as the value of work done against the invoices received, determining the monthly accruals (to have accounts in line with works progress)
 </li>
 <li>
 Support the Project during the contract changes/claims process providing the cost impact analysis, and keep updated the cost/revenues forecast relevant to intercompany services
 </li>
 <li>
 Analyse committed costs and activities to-date, review the estimate to complete, isolating any deviation from baselines or adverse trend and warn the PM on time to take corrective actions in order to prevent overruns
 </li>
 <li>
 Maintain the risk management process organizing periodic meetings and verifying the risk owners feedback
 </li>
 <li>
 Issue the project and company reporting
 
 
 </li>
 </ul>
 
 At project closure
 
 
 
 Support the Project Control Manager in the preparation of the Project close-out Report and the costfeed-back data to Project Control and Commercial Department.
 
 
 
 What are we looking for?
 
 
 
 
 Education
 
 
 
 <ul>
 <li>
 Any Bachelor&rsquo;s Degree relevant to the requirement
 
 
 </li>
 </ul>
 
 Experience
 
 
 
 <ul>
 <li>
 5+ years of experience
 
 
 </li>
 </ul>
 
 Languages
 
 
 
 <ul>
 <li>
 Proficient in English
 
 
 </li>
 </ul>
 
 What Can We Offer To You
 
 
 
 <ul>
 <li>
 Permanent Contract &ndash; Project-based position
 </li>
 <li>
 Corporate Benefits: We offer a comprehensive benefits package
 </li>
 <li>
 Working Hours: 45 hours (9 hours x 5 days)
 </li>
 <li>
 Our One Saipem Way soft skills model leverages on skills development, career growth, opportunities to innovate through complex challenges by promoting communication and collaboration to achieve common goals
 </li>
 <li>
 Location: Qatar - Doha
 
 
 </li>
 </ul>
 
 Additional Information
 
 
 
 
 We support your development!
 
 Do you feel you might not fit this role perfectly? If you think you can contribute to our business development in the future, don&rsquo;t hesitate to apply anyway through our spontaneous application form!
 
 
 
 We embrace diversity!
 
 At Saipem, we believe that innovation thrives through diversity. Our culture is built on mutual respect, collaboration, inclusion and the belief that our differences drive our progress.
 
 
 
 Safety and Sustainability matter to us!
 
 Operating in difficult and at times extreme situations, the focus is always on the health and safety of people and the preservation of the natural ecosystem.
 
 
 
 Find out more on our career page
 
 
 here
 
 
 
 
 One
 
 vision,
 
 many
 
 paths,
 
 limitless
 
 possibilities.
 
 
 
 PRIVACY POLICY
 
 
 
 In accordance with the Qatar's Personal Data Privacy Protection Law (PDPPL) enacted as Law No. 13 of 2016 (&ldquo;GDPR&rdquo;). All interested candidates (L. 903/03) are invited to consult the privacy policy (art 13, 14, D.Lgs 196/03 and art 13 GDPR 679/16)
 
 
</div>

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