Lead Cost Engineer

Role Overview

Responsibilities

• Own portfolio-wide cost reporting and monthly cost control cycles.
• Manage budgets, allocations, transfers, and cost coding across contracts.
• Develop forecasts, forecast-at-completion positions, and closeout projections.
• Oversee accrual validation, reconciliation, aging reviews, and unsupported item clearing.
• Track commitments, actuals, liabilities, settlements, and exposure through contract closure.
• Prepare cash flow forecasts and funding requirements for termination, demobilization, preservation, settlement, and closeout.
• Reconcile SAP, Oracle Unifier, commercial records, and project reporting data.
• Lead cost inputs for reports, dashboards, and presentations.
• Provide cost substantiation for claims, disputes, settlements, and final account reviews.
• Establish reporting templates, controls, and audit trails.
• Explain movements across budgets, commitments, accruals, actuals, cash flow, and forecasts.
• Support portfolio reviews and senior stakeholder discussions.

Required Qualifications and Experience

• Bachelor’s degree in Engineering, Construction Management, Quantity Surveying, Project Management, Business, Finance, or a related discipline.
• 20+ years of project controls and cost management experience, including 10+ years on major projects in Saudi Arabia or the GCC.
• Experience managing cost control on mega-projects or mixed-use programs with multi-billion SAR portfolios and high contract volumes.
• Experience with budgets, accruals, forecasts, commitments, cash flow, funding, cost reconciliation, claims, disputes, and settlements.
• Professional proficiency in English.

Technical Skills

• Hands-on proficiency with SAP, Oracle Unifier, advanced Excel, and reporting or dashboard tools.
• Experience presenting cost positions to senior leadership and working with client-side teams.
• Experience handling commercial discussions across contractors and consultants.

Preferred Qualifications

• Experience in an owner, IPMT, PMC, or major program organization is preferred.
• PMP, CCP, RICS, AACE, or a comparable credential is a plus.

Workplace

• The source does not explicitly state whether the role is onsite, hybrid, remote, or field-based.