Lead Cost Control Engineer

• Lead the cost control function across assigned finishing and fit-out projects from pre-construction through completion.

• Establish project budgets, cost baselines, cost codes, and cost control procedures.

• Monitor project commitments, actual costs, accruals, forecasts, and remaining costs.

• Prepare and maintain Cost Value Reconciliation (CVR) and monthly cost reports.

• Track project expenditure against approved budgets and identify cost overruns and potential financial risks.

• Analyze cost variances and provide recommendations for corrective actions.

• Monitor subcontractor and supplier commitments, purchase orders, variations, and payment applications.

• Review and evaluate variations, change orders, claims, and additional works from a cost perspective.

• Coordinate closely with Project Managers, Quantity Surveyors, Commercial Teams, Procurement, Finance, and Planning departments.

• Prepare Estimate at Completion (EAC) and Estimate to Complete (ETC) forecasts.

• Monitor project cash flow and ensure alignment between planned and actual expenditure.

• Review subcontractor costs and assess their impact on overall project profitability.

• Support commercial teams in evaluating the financial impact of design changes, scope changes, and client instructions.

• Identify potential cost-saving opportunities while maintaining project quality and contractual requirements.

• Prepare management reports highlighting project financial performance, risks, trends, and forecasts.

• Ensure accurate and timely submission of monthly project cost reports.

• Establish appropriate cost control measures and ensure compliance with company policies and procedures.

• Provide leadership and guidance to junior cost control engineers and project controls personnel.

• Participate in project review meetings and provide cost-related insights to senior management.

• Bachelor's degree in Engineering, Construction Management, Finance, or a related field.

• Minimum of 8-10 years of progressive experience in cost engineering and control, preferably within the [Specify Industry, e.g., Oil & Gas, Construction, Infrastructure] sector.

• Proven track record of successfully managing costs on large-scale, complex projects.

• Expert proficiency in cost management software (e.g., Primavera P6, EcoSys, SAP) and advanced Excel skills.

• Strong understanding of project management principles, contract administration, and financial reporting.

• Exceptional analytical, problem-solving, and critical thinking abilities.

• Excellent communication, negotiation, and interpersonal skills, with the ability to influence stakeholders at all levels.

• Fluency in English; knowledge of [Specify other languages if applicable, e.g., Spanish, French] is a plus.

• Ability to work under pressure, manage multiple priorities, and meet tight deadlines in a dynamic environment.

Preferred Candidate Profile
The ideal candidate will be someone who has progressed from Cost Control Engineer / Project Controls Engineer to a Lead-level position and has independently managed cost control for complex fit-out or finishing projects.
Candidates with experience in hospitality, luxury hotels, high-rise buildings, commercial developments, retail, and large-scale interior fit-out projects in KSA/GCC will be strongly preferred.
KSA-based candidates with immediate or short-term availability are highly preferred.