Senior Cost Control engineer
Sign up free to see how well your resume matches this role.
What you'll do
- 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.
What they're looking for
- Bachelor's degree in Civil engineering, Quantity Surveyor
- 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
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
Company Description
Egis is an international player active in architecture, consulting, construction engineering and mobility services. We create and operate intelligent infrastructures and buildings that respond to the climate emergency and contribute to more balanced, sustainable and resilient territorial development. Operating in 100 countries, Egis puts the expertise of its 19,500 employees at the service of its clients and develops cutting-edge innovations accessible to all projects. Through its wide range of activities, Egis is a key player in the collective organisation of society and the living environment of citizens all over the world.
With 3,500 employees across 8 countries in the Middle East, Egis has delivered over 700 complex development projects, stimulating economic growth and enhancing quality of life. Ranked among the top ten firms in the Middle East by Engineering News Record (ENR), Egis is committed to sustainable development. The Group’s operations in the Middle East are built on strategic acquisitions and a deep understanding of local market conditions. Egis has long history of providing comprehensive engineering, consulting, and project management services makes it a trusted partner for regional governments, investors, and developers.
Job Description
We are seeking a Senior Cost Control engineer to join one of our major project in Riyadh, Saudi Arabia. This role will focus on overseeing cost control activities, ensuring efficient resource allocation and financial performance. In this critical role, you will be responsible for overseeing cost management, design review, and budget control for large-scale infrastructure and construction projects.
- 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 Civil engineering, Quantity Surveyor
Additional Information
- 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
- Proven ability to work under pressure and meet tight deadlines in a fast-paced environment
Company
Company facts come from this company's own listings. We only show what the postings themselves carry.