Role Overview
The Cost Control Engineer is responsible for overseeing project expenses and ensuring that the project remains within the approved budget. You will act as the financial "pulse" of our projects, identifying potential cost overruns before they happen and providing the data-driven insights necessary for leadership to make informed decisions.
Key Responsibilities Budget Management: Establish and maintain the project’s Baseline Budget and Work Breakdown Structure (WBS). Cost Monitoring: Track daily/weekly expenditures, commitments, and resource allocations against the project plan. Forecasting: Perform Estimate at Completion (EAC) and Estimate to Complete (ETC) analysis to predict final project costs. Reporting: Generate monthly cost reports, cash flow forecasts, and variance analyses (Actual vs. Budget). Change Management: Evaluate the cost impact of change orders and technical modifications. Performance Measurement: Utilize Earned Value Management (EVM) to assess project health.
Required Skills & Competencies Analytical Rigor: Ability to spot trends in massive datasets and identify the "why" behind a variance. Software Proficiency: Expert-level Excel (Pivot tables, VLOOKUPs, macros) and experience with ERP/Project Management software (e.g., SAP, Primavera P6, or Microsoft Project). Communication: The ability to explain complex financial data to non-financial stakeholders (Project Managers, Engineers, and Clients). Attention to Detail: Precision is non-negotiable; a small error in a unit rate can lead to a massive deficit over a long-term project.
Qualifications Education: Bachelor’s Degree in Engineering (Civil, Mechanical, or Electrical) from an accredited institution. Experience: [Recent Graduate or Max one year experience] in cost control, project controls, or quantity surveying. SCE: Valid membership in the Saudi Council of Engineers.
The "Ideal" Candidate The person who succeeds in this role doesn't just report that a project is over budget—they explain how it happened and provide three options to fix it. We are looking for a proactive problem-solver, not just a record-keeper.