Cost Control Engineer

About the Role

SASREF is seeking a Cost Control Engineer to join their team in Al Jubail, Eastern region. This full-time role involves analyzing project requirements and specifications to determine associated costs, ensuring efficient and professional utilization of project budgets. The position requires 2-5 years of relevant experience.

Key Responsibilities

• Control and monitor project total expenditure, including verifying invoices and claims from suppliers, vendors, and subcontractors to ensure all project expenditures are captured and recorded.
• Provide planning and cost controlling support for all projects, encompassing variation reporting, milestone progress monitoring, and customer billing processes.
• Perform and manage project activity scheduling and monitoring, and conduct technical and commercial reviews of tenders for service agreement preparation.
• Ensure effective project implementation and utilize reports from the Work Breakdown Structure (WBS) within the project management system to monitor purchases, invoicing, and delivery until project closure.
• Coordinate with the project management team to resolve project issues and ensure timely project delivery and completion.
• Perform monthly project costing related reporting for team and management review to ensure expenditures remain within budget.
• Provide cost control and planning advice to the internal Project Management Team (PMT) as required.
• Prepare and manage a cost control dashboard with necessary analysis and reporting.
• Calculate and report accruals and capitalization costs to the Finance department.

Safety and Cybersecurity Compliance

The role requires adherence to SASREF's safety and cybersecurity policies and procedures.

• Ensure personal safety and well-being, and avoid actions that could jeopardize the safety of others.
• Strictly adhere to all Instructions of Work (IOWs), Safe Operating Procedures, and Safe Work Instructions to prevent Workplace (WPS) and Process Safety Management (PSM) incidents.
• Comply with the SASREF HSE Policy, the 5 Safety Principles, and 8 Golden Safety Rules.
• Maintain SASREF’s cybersecurity by implementing security best practices and adhering to all cybersecurity requirements when handling company assets and data.
• Comply with SASREF’s information security policies, including reporting suspicious emails and completing assigned cybersecurity awareness courses.

Performance Indicators

• No personal injury or injury to a third party.
• No WPS or PSM incidents caused.
• Reporting all suspicious emails, including phishing tests.
• 0 failures in phishing campaign tests.
• 100% completion of assigned cybersecurity awareness courses.
• 0 cybersecurity violations or negative behavior.

Experience Required

• Candidates should possess 2-5 years of experience in a relevant field.

Work Environment

This is a full-time position based in Al Jubail, within the Eastern region of Saudi Arabia.