Cost Controller
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Key skills for this role
About the Role
Monitor project costs, prepare budgets, verify invoices, and report financials; requires finance degree, cost control experience, and strong analytical skills.
Key Skills for This Role
Responsibilities
- Monitor and control project budgets, commitments, actual costs, accruals, forecasts, and cost to complete for Saudi Arabia projects
- Prepare, review, and update project cost estimates, budgets, and cost breakdowns covering labor, materials, equipment, logistics, subcontractors, and other project related expenditures
- Verify supplier, vendor, and subcontractor invoices and claims against purchase orders, contracts, delivery records, service confirmations, and approved budgets
- Support project planning by monitoring milestones, deliverables, resource utilization, billing milestones, and schedule related cost impacts
- Track, analyze, and report project variations, change orders, additional work, and related cost or revenue impacts
- Prepare monthly project cost reports, budget versus actual analysis, forecast reports, cash flow inputs, and management dashboards
- Coordinate with Procurement, Logistics, Finance, and Operations to monitor purchase orders, deliveries, invoicing, and project close out status
- Support technical and commercial review of tenders, subcontractor quotations, service agreements, and project pricing assumptions
- Identify cost risks, budget overruns, margin impacts, and financial feasibility concerns, and recommend corrective actions
- Attend project meetings, coordinate with internal teams and external clients where required, and support timely resolution of cost related issues
Requirements
- Bachelor's degree in Finance, Accounting, Business Administration, or related discipline
- Minimum 5 years of experience in project cost control, project accounting, planning, or commercial finance
- Strong knowledge of budgeting, forecasting, cost analysis, invoice verification, project reporting, and variance analysis
- Advanced Microsoft Excel skills and experience with ERP, accounting, or project management systems
- Ability to communicate effectively with project managers, finance teams, procurement, logistics, suppliers, and client representatives
- Professional certification such as ACCA, CMA, CPA, or equivalent is an advantage
Full Job Posting
Company Overview
- PIPECARE Group provides technology and service focused solutions to the oil and gas industry, helping customers ensure pipeline and facility asset integrity for over 20 years.
- Industry/sector: Oil & Gas / In Line Inspection services.
Position Summary
- The Cost Controller monitors, controls, and reports project costs for Saudi Arabia operations and assigned regional projects.
- Responsible for ensuring budgets, commitments, invoices, supplier claims, subcontractor costs, variations, and project expenditures are accurately captured, verified, and reported.
Key Responsibilities & Authorities
- Monitor and control project budgets, commitments, actual costs, accruals, forecasts, and cost to complete for Saudi Arabia projects.
- Prepare, review, and update project cost estimates, budgets, and cost breakdowns covering labor, materials, equipment, logistics, subcontractors, and other project related expenditures.
- Verify supplier, vendor, and subcontractor invoices and claims against purchase orders, contracts, delivery records, service confirmations, and approved budgets.
- Support project planning by monitoring milestones, deliverables, resource utilization, billing milestones, and schedule related cost impacts.
- Track, analyze, and report project variations, change orders, additional work, and related cost or revenue impacts.
- Prepare monthly project cost reports, budget versus actual analysis, forecast reports, cash flow inputs, and management dashboards.
- Coordinate with Procurement, Logistics, Finance, and Operations to monitor purchase orders, deliveries, invoicing, and project close out status.
- Support technical and commercial review of tenders, subcontractor quotations, service agreements, and project pricing assumptions.
- Identify cost risks, budget overruns, margin impacts, and financial feasibility concerns, and recommend corrective actions.
- Attend project meetings, coordinate with internal teams and external clients where required, and support timely resolution of cost related issues.
Skills/Experience
- Bachelor's degree in Finance, Accounting, Business Administration, or a related discipline.
- Minimum 5 years of experience in project cost control, project accounting, planning, or commercial finance, preferably within oil and gas, industrial services, construction, or technical services.
- Strong knowledge of budgeting, forecasting, cost analysis, invoice verification, project reporting, and variance analysis.
- Advanced Microsoft Excel skills and experience with ERP, accounting, or project management systems.
- Ability to communicate effectively with project managers, finance teams, procurement, logistics, suppliers, and client representatives.
- Professional certification such as ACCA, CMA, CPA, or equivalent is an advantage.
Physical and Mental Requirements
- Ability to lift and carry up to 50 pounds.
- Must be able to walk and climb to perform duties, including maneuvering within a refinery or plant environment and accessing elevated platforms via ladders and stairwells.
- Sufficient clarity of speech and hearing, or other communication capabilities, to communicate effectively.
- Ability to maintain focus and multitask effectively.
- Must be able to wear safety equipment as required by the safety department for personal protection, if/where needed in manufacturing environments.
- Sufficient personal mobility and physical reflexes, with or without reasonable accommodations, to perform office duties and travel to off site locations when necessary.
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