Lead Cost Control Engineer
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Key skills for this role
About the Role
A leading Saudi contractor is seeking a Lead Cost Control Engineer for large-scale residential projects in Saudi Arabia. The role involves leading cost control activities, budgeting, forecasting, and reporting.
Key Skills for This Role
Responsibilities
- Lead all project cost control activities across assigned projects from mobilization through project closeout
- Develop, monitor, and control project budgets, cost codes, and cost breakdown structures (CBS)
- Prepare and maintain project cost reports, cost forecasts, cash flow projections, and earned value analysis (EVA)
- Monitor project commitments, expenditures, accruals, and remaining budgets
- Analyze cost variances and provide recommendations to mitigate cost overruns
- Coordinate with Planning Engineers to align project progress with cost performance
- Review subcontractor payment applications, procurement costs, and variation orders from a cost control perspective
- Track change orders, claims, and project risks affecting project cost
- Prepare executive cost dashboards and monthly management reports
- Support tendering and estimating teams by providing historical cost data and lessons learned
- Coordinate with Finance to ensure alignment between project cost reports and financial reporting
- Implement and improve cost control procedures, reporting standards, and project controls systems
Requirements
- 15 20 years of experience in cost control within the construction industry
- Experience with large scale residential projects
- Strong knowledge of cost control procedures and reporting standards
- Ability to lead and mentor a team
Full Job Posting
Overview
- Leverage your expertise and join the dynamic team of a leading Saudi contractor focused on high quality large scale residential projects in Saudi Arabia. As a Lead Cost Control Engineer, you will be responsible for leading all project cost control activities throughout the project lifecycle.
Key Accountabilities
- Lead all project cost control activities across assigned projects from mobilization through project closeout.
- Develop, monitor, and control project budgets, cost codes, and cost breakdown structures (CBS).
- Prepare and maintain project cost reports, cost forecasts, cash flow projections, and earned value analysis (EVA).
- Monitor project commitments, expenditures, accruals, and remaining budgets.
- Analyze cost variances and provide recommendations to mitigate cost overruns.
- Coordinate with Planning Engineers to align project progress with cost performance.
- Review subcontractor payment applications, procurement costs, and variation orders from a cost control perspective.
- Track change orders, claims, and project risks affecting project cost.
- Prepare executive cost dashboards and monthly management reports.
- Support tendering and estimating teams by providing historical cost data and lessons learned.
- Coordinate with Finance to ensure alignment between project cost reports and financial reporting.
- Implement and improve cost control procedures, reporting standards, and project controls systems.
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