Senior Cost Control Engineer

Job Title: Senior Cost Control Engineer

Location: Riyadh - Qiddiya Project

Role Purpose: To manage, monitor, and report on project costs and quantities, ensuring accurate forecasting and compliance with engineering project budgets.

Duties Performed

Key Accountabilities

• Support project budgeting by preparing and monitoring cost estimates.
• Ensure compliance of project expenditures with financial policies and regulations.
• Track, monitor, and report on budget progress and variances.
• Provide cost analysis and recommendations to project managers for decision-making.
• Collaborate with stakeholders to ensure financial control is maintained throughout project execution.

Key Activities

• Preparation of cost estimates for project budgets.
• Development and review of Bills of Quantities (BOQ).
• Quantity take-offs from drawings and project documents.
• Verification of contractor interim and final bills.
• Analysis of site inspection reports and contractor claims.
• Preparation of cost reports, variance reports, and cash flow forecasts.
• Rate analysis and verification against contract terms.
• Support in preparation of final accounts and reconciliation of cost reports with as-built drawings.
• Assist in pre-contract cost estimates for subcontractor packages.

Work Contacts

• Internal: Finance, Estimation, Procurement, Operations
• External: Clients, Subcontractors, Suppliers

Working Conditions

• Environment: site based for cost validation and progress verification.
• Degree of Risk: Low to moderate (site visits involve standard construction risks).

Job Specifications

Industry / Domain

• Construction
• Infrastructure
• Landscape

Knowledge & Experience

• Minimum 8+ years’ experience in cost control or planning within construction projects.
• Proven track record in cost estimation, reporting, and financial monitoring.

Education & Certification

• Bachelor’s degree in Civil Engineering (or related field).
• Certifications preferred: PMP, RMP, PMI-SP, or ACP.

Competencies

• Strong financial and cost analysis skills.
• Budgeting and forecasting expertise.
• Attention to detail and accuracy.
• Data analysis and problem-solving abilities.
• Effective communication and reporting skills.
• Risk management awareness.
• Adaptability and time management.