Lead Cost Control Engineer
Client of Rawaj Company for Recruitment
15–20 years of experience
Client of Rawaj Company for Recruitment
15–20 years of experience
Leverage your expertise and join the dynamic team of a leading Saudi contractor focused on high-quality large-scale residential projects in Saudi Arabia. As a Lead Cost Control Engineer , you will be responsible for leading all project cost control activities throughout the project lifecycle. You will oversee project budgets, cost forecasting, earned value analysis, change management, and financial reporting while ensuring projects are delivered within approved budgets. You will work closely with Planning, Commercial, Procurement, Finance, and Project Management teams to provide accurate cost visibility and support executive decision-making. Key Accountabilities The position involves: Lead all project cost control activities across assigned projects from mobilization through project closeout. Develop, monitor, and control project budgets, cost codes, and cost breakdown structures (CBS). Prepare and maintain project cost reports, cost forecasts, cash flow projections, and earned value analysis (EVA). Monitor project commitments, expenditures, accruals, and remaining budgets. Analyze cost variances and provide recommendations to mitigate cost overruns. Coordinate with Planning Engineers to align project progress with cost performance. Review subcontractor payment applications, procurement costs, and variation orders from a cost control perspective. Track change orders, claims, and project risks affecting project cost. Prepare executive cost dashboards and monthly management reports. Support tendering and estimating teams by providing historical cost data and lessons learned. Coordinate with Finance to ensure alignment between project cost reports and financial reporting. Implement and improve cost control procedures, reporting standards, and project controls systems. Lead and mentor Cost Control Engineers while ensuring best practices across all projects. Ensure compliance with company policies, project controls procedures, and client reporting requirements.
Elegancia Arabia
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