COST CONTROL ENGINEER in Riyadh

COST CONTROL ENGINEER RQUIRED

MINIMUM EXPERIENCE:

• 05 Years

SALARY RANGE

• Basic: 5000-6000

• H&T Allowance: 35%

RESPONSIBILITIES:…

• Project Budgeting and Forecasting:

Creating detailed budgets, cost-to-complete forecasts, and annual spend projections by gathering and analyzing cost data.

• Cost Monitoring and Control:

Tracking actual project costs, monitoring progress, and implementing processes to control expenditures throughout all project stages.

• Cost Analysis and Reporting:

Analyzing financial data, identifying variances, and preparing regular reports for management and stakeholders.

• Cost Saving and Risk Management:

Identifying opportunities for cost savings and developing strategies to mitigate risks and prevent cost overruns.

• Estimating and Change Orders:

Conducting cost research, preparing detailed cost estimates, and reviewing change orders.

• Collaboration:

Working closely with project managers, engineers, procurement teams, and contractors to ensure financial goals are met.

KEY SKILLS:

• Technical Knowledge

A strong understanding of engineering design principles, cost-estimating methods, CAPEX approval cycle and relevant industries (e.g., construction, manufacturing).

• Analytical Skills

The ability to analyze complex financial data, identify trends, and make informed recommendations.

• Software Proficiency

Expertise in SAP PS, project management software (e.g., Primavera P6), spreadsheet programs (e.g., Microsoft Excel), and business intelligence tools.

• Education

A bachelor’s degree in engineering.

• Communication

Strong verbal and written communication skills to collaborate effectively with various project teams.

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