Cost Control Engineer (Saudi Arabia)

We are seeking an experienced Lead Engineer (Cost Control Engineer) to oversee cost engineering, project controls, budgeting, forecasting, and cost reporting for large-scale capital projects, preferably within the oil & gas industry.

Key Responsibilities

• Manage cost estimation, budgeting, forecasting, and cost control activities for capital projects.
• Prepare, maintain, and review accurate monthly cost reports and project cost forecasts.
• Monitor project costs against approved budgets, contracts, and cost control requirements.
• Provide cost analysis and recommendations to support project management and decision-making.
• Ensure engineering, procurement, construction, and project completion activities comply with contractual, cost, and company requirements.
• Coordinate effectively with project managers, engineers, contractors, clients, and other stakeholders.
• Support project controls and ensure proper implementation of cost management procedures.

Requirements

• Bachelor’s degree in Finance, Management Information Systems, Engineering, or a related field.
• Minimum 10 years of experience in engineering and project management execution.
• Strong experience in Cost Engineering, Project Controls, or a related discipline.
• Proven experience in cost estimating, budgeting, forecasting, and control of large-scale projects, preferably in oil & gas.
• Proficiency in cost management systems such as SAP or Oracle.
• Strong knowledge of project management principles, cost engineering practices, and relevant industry standards.
• Excellent communication and interpersonal skills.
• Full professional proficiency in English.
• Strong project management and cross-functional coordination skills.

Preferred Certification

• PMP (Project Management Professional) certification preferred.