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indeed

Senior Cost Control Engineer

IMAR OVERSEAS SAUDI CO.W.L.L
الرياض, KSA
Fulltime
Senior
3 months ago
ExcelProcurementSAP
Free

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Job Summary

We are seeking a highly skilled **Senior Cost Controller Engineer** to oversee project cost management, budgeting, forecasting, and financial reporting.

The ideal candidate will ensure projects are delivered within budget while maintaining high standards of accuracy and compliance.

Key Responsibilities

  • Develop and manage project budgets, cost plans, and forecasts
  • Monitor project expenditures and identify cost variances
  • Prepare detailed cost reports and present findings to management
  • Analyze cost performance and recommend corrective actions
  • Coordinate with project managers, procurement, and finance teams
  • Ensure compliance with company financial policies and procedures
  • Track commitments, invoices, and cash flow projections
  • Support tendering and estimation processes
  • Implement cost control systems and tools
  • Conduct risk analysis related to project costs

Requirements

  • Bachelor’s degree in Engineering, Finance, or related field
  • Minimum 8–12 years of experience in cost control (preferably in construction, oil & gas, or EPC projects)
  • Strong knowledge of cost control principles and financial analysis
  • Proficiency in cost management software (e.g., Primavera P6, SAP, Excel)
  • Excellent analytical and problem-solving skills
  • Strong communication and reporting abilities
  • Ability to work under pressure and meet deadlines

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