Sr Cost Control Manager - Saudi National
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Key skills for this role
About the Role
Egis is seeking a Senior Cost Control Manager to join the PMO in Riyadh, overseeing cost control for urban landscape projects. The role involves budget management, cost analysis, financial modeling, and collaboration with cross-functional teams to ensure project financial performance.
Key Skills for This Role
Responsibilities
- Develop and maintain comprehensive project budgets, ensuring accuracy and alignment with project goals
- Conduct detailed cost analyses and provide regular cost performance reports to stakeholders
- Provide cost performance analysis, interpretation and forecasting of cost performance against budgets
- Maintain the Program and Project Cost Breakdown Structure (CBS) with version control
- Support risk assessments and assist in development of mitigation strategies to minimize financial impacts
- Create and update financial models to forecast project costs and cash flows
- Collaborate with cross functional teams to ensure project deliverables meet budget constraints
- Implement and maintain cost control systems to track project expenses and variances
- Provide expert advice on cost related matters to project managers and senior leadership
- Stay current with local regulations and industry best practices in cost engineering
- Provide budget and cost performance evaluation, interpretation and support business planning efforts
Requirements
- Bachelor's degree in Cost Control, Engineering, Science, Construction Management, or related field
- 10 15 years of experience in cost engineering and cost reporting/management, preferably in large scale infrastructure or major construction projects
- Extensive knowledge of cost engineering principles, PMO practices, and budget management
- Has led cost control teams and managed the cost function at a departmental level
- Strong proficiency in cost management software (Primavera systems, Excel)
- Excellent knowledge and skills in financial modeling, risk assessment, and contract management
- In depth understanding of design review processes and their impact on project costs
- Familiarity with construction and engineering practices in Saudi Arabia
- Knowledge of local regulations and standards relevant to project costing and management
- Excellent English communication and interpersonal skills
- Proven ability to work under pressure and meet tight deadlines
Full Job Posting
Job Description
- We are seeking a Senior Cost Control Manager to join our Project Management Office (PMO) in Riyadh, Saudi Arabia.
- This role will focus on overseeing cost control activities for urban landscape projects, ensuring efficient resource allocation and financial performance.
- You will be responsible for overseeing cost management, design review, and budget control for large scale infrastructure and construction projects.
Key Responsibilities
- Develop and maintain comprehensive project budgets, ensuring accuracy and alignment with project goals
- Conduct detailed cost analyses and provide regular cost performance reports to stakeholders
- Provide cost performance analysis, interpretation and forecasting of cost performance against budgets
- Maintains the Program and Project Cost Breakdown Structure (CBS). Manage changes made to the structure of the CBS with version control.
- Support risk assessments and assist in development of mitigation strategies to minimize financial impacts
- Create and update financial models to forecast project costs and cash flows
- Collaborate with cross functional teams to ensure project deliverables meet budget constraints
- Implement and maintain cost control systems to track project expenses and variances
- Provide expert advice on cost related matters to project managers and senior leadership
- Stay current with local regulations and industry best practices in cost engineering
- Provide budget and cost performance evaluation, interpretation and support business planning efforts.
Qualifications
- Bachelor's degree in Cost Control, Engineering, Science, Construction Management, or a related field
- 10 15 years of experience in cost engineering and cost reporting / management, preferably in large scale infrastructure or major construction projects
- Extensive knowledge of cost engineering principles, PMO practices, and budget management
- Has led cost control teams and managed the cost function at a departmental level.
- Can support recruitment efforts in identifying, interviewing and deploying cost control staff into the project team.
- Strong proficiency in cost management software (Primavera systems, Excel)
- Excellent knowledge and skills in the areas of financial modeling, risk assessment, and contract management
- In depth understanding of design review processes and their impact on project costs
- Familiarity with construction and engineering practices in Saudi Arabia
- Knowledge of local regulations and standards relevant to project costing and management
- Outstanding analytical and problem solving skills with keen attention to detail
- Excellent English communication and interpersonal skills, with the ability to interact effectively with diverse stakeholders
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