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Cost Control Engineer

Fuel Professional Consulting
Riyadh, KSA
Full Time
Senior
4 days ago
Power BIDAXPower QueryExcelSQLData Modeling
Free

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Job Summary

  • The Cost Control Engineer is responsible for monitoring, analyzing, and optimizing project costs through advanced cost control methodologies, data analytics, and business intelligence tools.
  • The role combines engineering expertise with financial analysis to develop cost models, monitor project performance, build executive dashboards, automate reporting, and provide actionable insights.
  • The ideal candidate is an engineer with strong analytical capabilities, advanced Power BI skills, and a PMP certification.

Key Responsibilities

  • Develop and maintain project cost control systems throughout the project lifecycle.
  • Monitor project budgets, commitments, actual costs, forecasts, and variances.
  • Analyze project profitability and identify cost saving opportunities.
  • Perform earned value analysis (EVM) and monitor cost and schedule performance.
  • Prepare monthly cost reports, forecasts, and financial performance reviews.
  • Support budgeting, planning, and project financial forecasting.
  • Collect, clean, validate, and analyze large datasets from ERP systems, project management platforms, and financial systems.
  • Design and develop interactive Power BI dashboards for executive management.
  • Build automated KPI dashboards that provide real time visibility into project and business performance.
  • Develop data models and establish relationships between multiple data sources.
  • Perform trend analysis, predictive analysis, and variance analysis to support business decisions.
  • Identify patterns, risks, and opportunities using advanced analytics techniques.

Qualifications

  • Bachelor’s Degree in Civil Engineering, Industrial Engineering, Mechanical Engineering, Electrical Engineering, Construction Engineering, or related Engineering discipline.
  • PMP® (Project Management Professional) – Required / Preferred
  • Microsoft Power BI Data Analyst (PL 300) – Preferred
  • Certified Cost Professional (CCP) – Preferred
  • PMI SP or PMI RMP – Advantage
  • 5–8+ years of experience in Cost Control, Project Controls, or Project Finance.
  • Experience in engineering, EPC, consulting, infrastructure, or construction projects.
  • Proven experience building Power BI dashboards.
  • Strong background in data analysis and executive reporting.
  • Experience working with ERP systems (Odoo, SAP, Oracle, or Microsoft Dynamics) is preferred.

Technical Skills

  • Advanced Microsoft Power BI
  • DAX
  • Power Query
  • Microsoft Excel (Advanced)
  • SQL
  • Data Modeling
  • Dashboard Development
  • KPI Design
  • Forecasting & Budgeting
  • Earned Value Management (EVM)
  • Cost Control
  • Project Controls

Core Competencies

  • Analytical Thinking
  • Data Driven Decision Making
  • Business Intelligence
  • Cost Optimization
  • Financial Acumen
  • Problem Solving
  • Attention to Detail
  • Stakeholder Management
  • Communication & Presentation Skills
  • Strategic Thinking
  • Continuous Improvement
  • Time Management

Key Performance Indicators (KPIs)

  • Budget Variance (%)
  • Cost Performance Index (CPI)
  • Schedule Performance Index (SPI)
  • Forecast Accuracy
  • Dashboard Availability & Accuracy
  • KPI Reporting Timeliness
  • Cost Saving Opportunities Identified
  • Executive Dashboard Adoption Rate
  • Data Quality Accuracy
  • Report Automation Rate
  • Project Profitability Analysis Completion
  • Management Reporting Cycle Time

Preferred Software

  • Microsoft Power BI
  • Microsoft Excel (Advanced)
  • SQL Server
  • Microsoft Project / Primavera P6
  • Odoo ERP / SAP / Oracle ERP
  • Power Automate (Preferred)
  • SharePoint (Preferred)

Ideal Candidate Profile

  • A highly analytical engineer with strong project controls experience who can bridge engineering, finance, and business intelligence.
  • Capable of converting complex project and financial data into executive dashboards, meaningful KPIs, and strategic insights.
  • Advanced Power BI and data analytics capabilities.

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